SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
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
Canada Drives expands online car-buying platform to Ontario
Auto Remarketing Canada Staff
Canada Drives announced Thursday it has expanded its online vehicle-shopping and “to-your-door” delivery platform into Ontario. It debuted the platform in British Columbia last fall, a spokesperson confirmed, and plans to continue to expand throughout the country, with its sight ... [Read More]
Facedrive brings Steer EV subscription service to Toronto
Auto Remarketing Canada Staff
Facedrive announced last week it has launched its Steer electric vehicle subscription service in Toronto and delivered its first crop of cars. Steer initially launched in Washington, D.C. in May 2019. Facedrive acquired Steer from Exelorate Enterprises in September. “The ... [Read More]
DRIVING INSIGHTS: Canadians’ attitudes toward buying cars online have changed
Drew Harden, CARFAX Canada
When we first asked car buyers if they would like to buy their next vehicle online, it was late 2019 and only 12% of Canadian used-car buyers were ready to buy entirely online. Since then, the process of buying a vehicle ... [Read More]
J.D. Power study shows lenders have ‘room to improve’
Auto Remarketing Canada Staff
Evidently, the rapid transformation toward online interactions and transactions by dealerships and lenders in Canada is easier said than done — even after a full year of COVID-19 realities. According to the J.D. Power 2021 Canada Dealer Financing Satisfaction Study ... [Read More]
AutoCanada increases used-car retail sales by 52%
Joe Overby, Senior Editor
AutoCanada made quite a rebound in the first quarter, posting its strongest-ever Q1 revenue, among other highlights — including a robust used-car performance. Looking at consolidated results, AutoCanada retailed a combined 9,734 used vehicles in the first quarter, up 51.9% ... [Read More]
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]
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