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Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here

Upgrades to ADESA Canada, TradeRev marketplaces designed to drive efficiency

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Auto Remarketing Canada Staff
KAR Global announced upgrades in Canada last week that are designed to make processing Assurance claims and arbitration more efficient for its ADESA Canada and TradeRev marketplaces, and allow bulk checkout for purchases on these online platforms. With the enhancements, ... [Read More]

Dilawri dealers sweep inaugural J.D. Power Dealer of Excellence Program in Canada

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Auto Remarketing Canada Staff
J.D. Power has launched its J.D. Power Dealer of Excellence Program in Canada, and sweeping the inaugural list of honorees is the Dilawri Group, whose Markham Honda, Dixie Mazda, Acura North Toronto, Volkswagen de Sources and Audi Queensway stores were ... [Read More]

Canada Drives lands $10M in equity funding

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Auto Remarketing Canada Staff
Online car shopping and delivery platform Canada Drives said Thursday it has closed another $10 million (CAD) in equity funding from existing strategic investors. This follows a $40 million funding round in June from goeasy Ltd. Canada Drives, which has ... [Read More]

AutoCanada acquires North Toronto Auction

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Auto Remarketing Canada Staff
In the past 60 days, AutoCanada has acquired a franchised dealership, a large independent store and a collision center. Late on Tuesday, the company announced it acquired an auto auction by making a deal to get North Toronto Auction, a ... [Read More]

Continued declines in Canadian wholesale vehicle prices

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Auto Remarketing Canada Staff
It was another week of price slowdowns in the Canadian wholesale market, with overall values dropping 0.27% for the week ending Friday, according to the latest Market Insights report from Canadian Black Book. That compares to a 0.30% decline the ... [Read More]

Canadian wholesale vehicle prices fall again

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Auto Remarketing Canada Staff
It was another week of falling prices in the Canadian wholesale vehicle market. The overall market was down 0.30% for the week ending Sept. 23, steady with … [Read More]

AutoCanada continues M&A growth with purchase of Winnipeg used-car store

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Auto Remarketing Canada Staff
In a move that it says broadens its Used Digital Retail initiative, AutoCanada has purchased independent used-car dealership Auto Gallery of Winnipeg. AutoCanada said the acquisition of the store, which also includes the underlying real estate, would bring in annual ... [Read More]

STEER adds Florida to market roster

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Auto Remarketing Canada Staff
Facedrive Inc. has expanded its STEER EV electric vehicle subscription service to Florida, the company’s third U.S. market. STEER launched in Washington, D.C., in May 2019, and was acquired by Facedrive in September 2020. It expanded to Canada last year, ... [Read More]

COMMENTARY: New wave of privacy regulations set to crash down on auto remarketing industry in Canada

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Andrea Amico, Privacy4Cars
This week, a monumental privacy regulatory change takes effect in Canada that will directly impact the remarketing operations of auto consignors and their suppliers — chiefly among them auto auctions, recovery agents, and vehicle inspectors, in addition to fleet, rental and ... [Read More]

AutoCanada talks investments in US dealerships

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Sarah Rubenoff, Correspondent
AutoCanada, the only publicly traded dealer group based in Canada, first forayed into the U.S. in 2018, when it bought the Grossinger Auto Group in Illinois. This acquisition added eight dealerships to the group’s linkup in Metro Chicago, plus another ... [Read More]

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