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
11 straight weeks of rising wholesale vehicle prices in Canada
Auto Remarketing Canada Staff
Like the 1970s Canadiens or 1980s Islanders, the wholesale vehicle market in Canada is on a streak. Wholesale prices have now climbed 11 straight weeks, according to Canadian Black Book, which said in a market update that values were up ... [Read More]
Newfoundland and Labrador Credit Union finalizes agreement with AFG Canada
Auto Remarketing Canada Staff
More financing options now are available for dealerships and their customers in Canada’s rural provinces. Last week, AFG Canada announced that Newfoundland and Labrador Credit Union (NLCU), a financial institution based in Newfoundland, has signed on to AFG Canada’s Leasing ... [Read More]
DRIVING INSIGHTS: Is it time to change how your team handles sales & finance?
Drew Harden, CARFAX Canada
Today, the typical vehicle buying process means that customers may spend hours building a relationship with a salesperson, only to be handed over to a business manager once they’ve finally worked out a deal. Plus, we know the wait time ... [Read More]
NowLake expected to take 23% stake in Axis after $15M investment
Auto Remarketing Canada Staff
Axis Auto Finance said Tuesday it has landed a $15 million strategic investment from NowLake Technology, which is projected to own roughly 23% of the issued and outstanding common shares in the fintech lender specializing in the alternative auto finance ... [Read More]
TradeRev launches tool to help dealers gauge retail interest in vehicles on platform
Auto Remarketing Canada Staff
TradeRev, which is KAR Global’s dealer-to-dealer online wholesale platform for the Canadian market, has launched a Retail Vehicle Details Page that it says can help dealers figure out consumer interest in a vehicle before they buy it wholesale. Through this ... [Read More]
E Inc. files preliminary prospectus to go public in Canada
Auto Remarketing Canada Staff
E Automotive Inc., which is the company behind the EBlock digital wholesale marketplace and the EDealer digital retail products, has filed and obtained a receipt for a preliminary base PREP prospectus for a proposed initial public offering in Canada. The ... [Read More]
Supply challenges drive wholesale vehicle values up for 9th week
Auto Remarketing Canada Stafff
It was still practically the heart of summer the last time used-car prices didn’t rise in Canada. Pushed by softening inventory levels, wholesale vehicle prices in Canada have now climbed nine straight weeks, according to Canadian Black Book. Calling the ... [Read More]
COMMENTARY: Creating a superior experience through customized financing technology
Vladimir Kovacevic , Inovatec Systems Corporation
Just like customers test-drive numerous cars before finding the best deal for the perfect make, model, features, and color, automotive dealers need to be discerning about their technology partners. The loan origination process is a perfect example. Typically mired by ... [Read More]
Update on Canadian CPO sales through Q3
Joe Overby, Senior Editor
As we turn the page on another quarter of 2021, here’s a rundown of how the certified pre-owned vehicle market is faring in Canada, based on sales reports shared by automakers. Starting with Mercedes-Benz Canada, the company said that within ... [Read More]
Canada Drives now available to online auto shoppers in Alberta
Auto Remarketing Canada Staff
Canada Drives has added f Alberta to its online car shopping delivery service network, following launches in Ontario and British Columbia. This translates to Canada Drives' inventory of over 1,200 vehicles being available to 24 million Canadians. Now, Albertan car shoppers can can ... [Read More]
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