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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

TEDA International Auto Group set to launch online retailing platform inspired by Carvana

carlala for web
Auto Remarketing Canada Staff
The Canadian online vehicle retailing space will have another participant by the end of the year. And it’s inspired by one of the well-known operations from the United States. Last week, TEDA International Auto Group — a multinational, specialty automotive ... [Read More]

ADP Canada spots significant employment improves in June & July

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Auto Remarketing Canada Staff
Not only did the job scene improve in July, experts determined the Canadian employment picture didn’t deteriorate as bad in June as initially indicated. Employment in Canada increased by 221,300 jobs from June to July, according to the July ADP ... [Read More]

FIX4 Capital gains $7.2M in seed funding to build car-repair loan business

FIX4_Capital for web
Auto Remarketing Canada Staff
FIX4 Capital wants to help Canadians get the finances they need to keep their vehicles running properly. And Wednesday, the firm secured its own financial resources to do it along with expanded leadership that includes a familiar name from the ... [Read More]

KAR Global among investors pushing a combined $100M into Canada Drives

canada drives for web
Auto Remarketing Canada Staff
KAR Global certainly appears to have an interest in more than just the Canadian wholesale market stemming from its investment decisions. On Wednesday, Canada Drives, an online car shopping and to-your-door delivery platform, announced the close of $100 million in ... [Read More]

Canadian Lenders Association welcomes Inovatec

Vladimir Kovacevic for web
Auto Remarketing Canada Staff
Inovatec Systems Corp. recently announced it has joined the Canadian Lenders Association (CLA), which is comprised of more than 170 companies representing Canadian lenders in categories such as auto, consumer, home, and mortgages. According to a news release, many of ... [Read More]

AutoCanada continues to build used-car program with latest purchase

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Auto Remarketing Canada Staff
AutoCanada has purchased Ontario independent dealer Mark Wilson’s Better Used Cars, a move the retailer says augments its plans of building its Used Digital Retail Division. This is the second independent dealer AutoCanada has purchased. In a similar move, the ... [Read More]

Record used-car price streak snapped, but values still up 20% from prior year

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Auto Remarketing Canada Staff
July was an interesting month for wholesale vehicle prices in Canada. On one hand, Canadian Black Book’s Used Vehicle Retention Index was up 20.3% year-over-year, and was off a mere 0.3% from June, which was the 10th straight month of ... [Read More]

Policaro Group to open Porsche dealership in Kitchener-Waterloo

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Auto Remarketing Canada Staff
The Policaro Group, an Ontario-based dealer group, announced last month it has broken ground on a new Porsche store in Kitchener-Waterloo. The store, set to be located at 1705 Victoria Street North in Waterloo, is Policaro’s second Porsche franchise. The ... [Read More]

CARFAX Canada launches service retention program

CARFAX for Life Launches
Auto Remarketing Canada Staff
Earlier this month, CARFAX Canada launched its new CARFAX for Life service retention program that’s designed to give dealerships a way to boost customer loyalty and repeat service business. Customers of dealerships that are enrolled in CARFAX for Life receive ... [Read More]

TRADE X announces $44 million equity investment

TRADE_X_Luciano_And_Ryan
Auto Remarketing Canada
TRADE X, which is an Ontario-based global cross-border B2B vehicle trading platform, announced a $44 million CAD ($35 million US) equity investment from Toronto-based holding company Aimia on Tuesday. TRADE X may issue an additional $10 million (USD) of convertible ... [Read More]

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