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
Despite lockdown challenges, Hyundai & Nissan CPO sales surge
Joe Overby, Senior Editor
As automakers in Canada begin to share certified pre-owned sales results from April, one trend has emerged: it was a strong month, despite challenges stemming from lockdowns. For instance, Hyundai Auto Canada Corp. had its strongest April of all time for certified ... [Read More]
PureCars gains first OEM certification in Canada
Auto Remarketing Canada Staff
PureCars announced last week that it has been certified as a Kia Canada Digital Advertising Partner, representing its first OEM partnership in Canada and 17th OEM certification overall. Through the partnership, Kia Canada dealers will be provided with PureCars’ Pro ... [Read More]
Wholesale vehicle prices continue climb as supply remains tight
Auto Remarketing Canada Staff
The rise in Canadian wholesale vehicle prices last week was not as strong as the prior week’s gain, but the change was much more positive than what happened the same week in prior years. That’s according to the latest Canadian ... [Read More]
Impact Auto Auctions tools include under-hood video
Auto Remarketing Canada Staff
Impact Auto Auctions has enhanced its Interact merchandising platform with two new features, including one that offers a 10-second, under-the-hood video with full sound. The company said the new tools provide buyers with additional vehicle details to research, bid and buy ... [Read More]
Canadian CPO car sales make big strides in March
Joe Overby, Senior Editor
Based on the sales reports from automakers, the certified pre-owned market in Canada took a positive turn in March. For example, Honda Canada said it had its best-ever month for certified pre-owned sales, moving 3,551 units. That was up 114% year-over-year. ... [Read More]
Dealerware to serve as preferred fleet management partner for Audi Canada’s courtesy vehicle program
Auto Remarketing Canada Staff
Audi Canada has selected Dealerware as the preferred fleet management software for its courtesy vehicle program, noting that Dealerware will service the 49 Audi retailers in Canada. Many of those retailers currently use paper-based fleet management systems, according to Dealerware, ... [Read More]
To help dealers face challenges, LGM reopens online learning platform
Auto Remarketing Canada Staff
To better support dealerships operating through the COVID-19 pandemic, finance and insurance provider LGM Financial Services reopened its online learning platform, My Distinction Learning. LGM aims for the courses to help dealers overcome challenges as a result of social distancing ... [Read More]
NextRoad brings online financing & buying solution to BC
Auto Remarketing Canada Staff
NextRoad wants to help potential vehicle buyers overcome what might be two of their primary obstacles to taking delivery nowadays. The new service to purchase and finance vehicles online officially launched this week in British Columbia, as NextRoad looks to ... [Read More]
AutoCanada buys British Columbia collision center
Auto Remarketing Canada Staff
AutoCanada announced Monday it has completed its purchase of British Columbia-based collision center PG Klassic Autobody. The Prince George body shop facility is more than 20,000 square feet and is close to AutoCanada’s Northland Chrysler Dodge Jeep Ram, Northland Hyundai, ... [Read More]
ADESA Canada adds more Simulcast+ sales
Auto Remarketing Canada Staff
ADESA Canada announced Tuesday that it has expanded sales on the Simulcast+ platform, giving dealers across the country more “access to exclusive inventory.” These additional sales will run online at 10:30 am (EDT) Monday through Friday. The inventory will be ... [Read More]
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