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
Canadian wholesale market’s gentle slide becomes a plummet as February begins
Auto Remarketing Canada Staff
As the calendar turned to February, the gentle decline of Canadian used-vehicle wholesale values turned to a steep dive. Canadian Black Book’s weekly Market Insights report found the market down 0.71% for the week ending Feb. 7, a sharp contrast ... [Read More]
Dealers, OEMs bracing for ‘foundational, irreversible transformation’ of Canada’s auto industry
Auto Remarketing Canada Staff
Big changes are coming to the Canadian auto industry. In fact, a new report from KPMG says it’s already happening. Facing an uncertain environment in trade, the overall economy and the automotive markets, Canada’s automotive industry is acting rather than ... [Read More]
GM finishes job, ends 2025 as Canada’s top EV seller
Auto Remarketing Canada Staff
General Motors Canada finished what it started. After the automaker’s rise in electric vehicle sales took it to the top spot among EV sellers for the first half of 2025, GM Canada announced it was No. 1 for the full ... [Read More]
CBB Index’s January rise a ‘reprieve’ as expected slower year begins
Auto Remarketing Canada Staff
A month after a market correction led to its largest drop in a year and a half, Canadian Black Book’s Used Vehicle Retention Index went the other way in January. The index inched upward 0.4 points to 133.5 points to ... [Read More]
AutoTrader listings available on ChatGPT platform through new integration
Auto Remarketing Canada Staff
Artificial intelligence is the latest wave in the automotive world, and AutoTrader is diving right in. AutoTrader has launched an integration with ChatGPT, which the company said makes it the first Canadian vehicle marketplace directly available on the popular AI ... [Read More]
Nearly 1 million Canadian vehicles have open recalls, Carfax Canada data shows
Auto Remarketing Canada Staff
Almost 1 million vehicles on Canadian roads are operating with unrepaired recalls, according to data generated by Carfax Canada’s vehicle history reports. Unfixed recalls are very common, the company said. They can include issues such as malfunctioning airbags, electrical problems ... [Read More]
Canadian wholesale used-car market’s slide slows
Auto Remarketing Canada Staff
Canadian wholesale used-vehicle values continued falling during the week ending Jan. 24. But the fall was a much gentler one than those of recent weeks. According to Canadian Black Book’s Market Insights report, wholesale prices dropped 0.28%, well below the ... [Read More]
Sale of Chicago Toyota store the latest step toward AutoCanada’s U.S. exit
Auto Remarketing Canada Staff
AutoCanada’s move out of the U.S. continues with the sale of Toyota of Lincoln Park in Chicago to Murgado Automotive Group. The Edmonton-based dealership and collision repair group said the deal is worth $11.2 million in cash for goodwill and ... [Read More]
Canadian used wholesale market continues downward trend
Auto Remarketing Canada Staff
The Canadian wholesale used-car market’s downward slide continued in the week ending Jan. 17. Canadian Black Book’s Market Insights report showed values down 0.55% for the week, the fifth time in six weeks the market has sunk by 0.50% or ... [Read More]
AutoCanada adds another Edmonton location to its thriving collision repair business
Auto Remarketing Canada Staff
AutoCanada’s transformation from a financially struggling operation to a growing company has reached the stage at which it’s a buyer in the M&A market. And as interim CEO Sam Cochrane said during the dealership group’s third-quarter earnings call in November, ... [Read More]
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