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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

AutoCanada adds Montreal’s Autolux to Collision Center lineup

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Auto Remarketing Canada Staff
Dealer group giant AutoCanada has purchased a new collision center in Montreal. Its new addition — Autolux MB Collision — is a luxury-brand certified Mercedes-Benz collision center with over 30 years of experience in its market.  "The addition of this high-quality collision centre is ... [Read More]

4 straight weeks of wholesale vehicle price declines

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Auto Remarketing Canada Staff
Wholesale vehicle prices in Canada have climbed four consecutive weeks, amid tight supply that’s often gobbled up as soon as buyers can get their hands on a vehicle. That’s according to the latest Canadian Auto Market Update from Canadian Black ... [Read More]

EBlock buys TradeHelper & ESP Auctions

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Auto Remarketing Canada Staff
EBlock continues to grow, and this time, it has made a move in Canada. The company announced Wednesday it has acquired digital dealer-to-dealer auction marketplace TradeHelper and parent company ESP Auctions. The latter is a Montreal-based independent auction. ESP owner ... [Read More]

TRADE X purchases Techlantic

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Auto Remarketing Canada Staff
Cross-border vehicle trading platform TRADE X said Tuesday it has reached a deal to buy Techlantic Ltd., a vehicle trading, redistribution and financing company based out of Ontario. Terms of the deal, which closed on Aug. 31, were not disclosed. ... [Read More]

Vincentric names Best CPO Value in Canada winners

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Auto Remarketing Canada Staff
Vincentric announced its 2021 Best CPO Value in Canada Awards this week, and leading the pack were Kia and Mazda. Each of those automakers earned one brand award apiece, and each took home four model-level awards. Specifically, Kia earned brand ... [Read More]

Lithia launches in Canada

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Joe Overby, Senior Editor
Lithia & Driveway has expanded into Canada. The U.S. retailer, which is publicly traded on the NYSE, announced Tuesday it has purchased Toronto-based Pfaff Automotive Partners, representing Lithia’s first-ever acquisition outside of the U.S. Lithia, which is based in Oregon and ... [Read More]

TRADE X closes financing round with additional $10M in funding

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Auto Remarketing Canada Staff
Vehicle trading platform TRADE X said Monday it has completed a financing round announced in late July, bringing in additional equity funding of $10 million (USD). Leading the additional equity funding are new investors that include EchoVC, Frontier Ventures and Upgrowth. ... [Read More]

CBB promotes Biswah to senior vice president and general manager

Yolanda Biswah for web
Auto Remarketing Canada Staff
Auto Remarketing Canada included Yolanda Biswah among the Women & Automotive Profiles in Leadership three years ago. On Thursday, Biswah continued to show her leadership abilities, having landed another executive promotion at Canadian Black Book since joining the company in ... [Read More]

Reynolds partners with DealerCorp to deploy deskit & stockit

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Auto Remarketing Canada Staff
A dealership software company with a significant presence in the United States is looking to broaden its footprint to the North. Reynolds and Reynolds recently announced a new partnership in Canada with DealerCorp Solutions, a software company with a focus ... [Read More]

FICO & TransUnion of Canada renew distribution agreement

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Auto Remarketing Canada Staff
Two major finance industry players in Canada are making sure the foundation for proper underwriting remains sound. FICO recently announced that it has extended a multi-year agreement with TransUnion of Canada to distribute FICO scores to lenders, consumers and additional ... [Read More]

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