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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

AFG Canada appoints new operations manager

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Auto Remarketing Canada Staff
Auto Financial Group Canada has named a new operations manager. Promoted to the role is Rachel Fern, who has been with the company for more than four years. Fern will work with all departments in AFG’s Canada operations and Houston ... [Read More]

Canadian used-car prices may be post-peak, but remain significantly elevated

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Auto Remarketing Canada Staff
After hitting a high in March, wholesale vehicle values in Canada have now fallen sequentially for three straight months, and the year-over-year growth — while still in double-digit percentages — has moderated. Still, used-car prices remain “extremely high,” as Canadian Black Book ... [Read More]

Canadian auto lenders boost value for dealers amid challenging market

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Sarah Rubenoff, Correspondent
The J.D. Power 2022 Canada Dealer Financing Satisfaction Study analyzed the Canadian auto finance sector and, perhaps not surprisingly, found that supply-chain issues are affecting available inventory at auto dealerships in Canada.  Additionally, J.D Power said in a news release ... [Read More]

Inside one company’s journey to enable cryptocurrency options for Canadian dealers

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Sarah Rubenoff, Correspondent
Cryptocurrency usage is gaining popularity at a dramatic pace, especially among the millennial generation. In fact, according to data cited by Cion Digital president and co-founder Fred Brothers — whose company delivers a cryptocurrency purchasing option for auto dealers — ... [Read More]

SIXT expanding to Canada

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Auto Remarketing Canada Staff
Global mobility provider SIXT is entering Canada. The rental car company said Tuesday it will launch first in Vancouver — with its debut Canadian branch in the city’s Library Square — followed by Toronto. “Expanding into Canada is a huge ... [Read More]

Axis subsidiary Pivotal lines up $55M funding facilities

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Auto Remarketing Canada Staff
Axis Auto Finance announced in early July that its Pivotal Capital Corp. commercial equipment finance subsidiary has lined up an additional funding facility with Mitsubishi HC Capital Canada. The funding facility includes a purchase facility of up to $50 million ... [Read More]

Car segment price declines steeper than trucks for first time since March

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Auto Remarketing Canada Staff
It was another week of price declines in the Canadian wholesale vehicle market, but with a twist. The week ending Friday marked the first time since mid-March that the decline in car segments was steeper than the drop in truck ... [Read More]

NetSol & Yamaha Motor Finance to deploy LeasePak in Canada

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Auto Remarketing Canada Staff
The powersports sector in Canada is getting some reinforcements. NetSol Technologies, a global business services and enterprise application solutions provider, recently signed a contract with Yamaha Motor Finance Canada for a further implementation of its LeasePak solution. Peter Minshall, executive ... [Read More]

Canada Drives lands $40M in funding from goeasy

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Auto Remarketing Canada Staff
Canada Drives is eyeing growth in other provinces and now has more financial resources to accomplish that objective. Last week, the online vehicle shopping and to-your-door delivery platform, announced the close of $40 million CAD in equity funding from Canadian ... [Read More]

Women & Automotive: Shari MacQuarrie of Mark Wilson’s Better Used Cars

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Auto Remarketing Canada Staff
Auto Remarketing Canada is recognizing the 2022 Women & Automotive: Profiles honorees in this digital issue of the magazine and at Canada's Used Car Week next week at the Westin Harbour Castle in Toronto. Leading up to the event, ARC has been posting Q&As with each of the Women & ... [Read More]

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