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
Top 10 vehicles stolen in Canada
Auto Remarketing Canada Staff
Hellosafe.ca chief director Antoine Fruchard released findings on Tuesday stemming from a study about vehicles stolen in 2019 developed using data published by Statistics Canada and the Insurance Bureau of Canada (IBC). Along with determining which provinces had the most ... [Read More]
Wholesale vehicle prices continue streak of declines
Auto Remarketing Canada Staff
Wholesale vehicle prices in both car and truck/SUV segment groups have now declined 15 straight weeks, with the drop in car prices a bit higher than seasonally expected last week and truck declines aligning with typical trend lines. That’s according ... [Read More]
SiriusXM Canada, Ford Canada extend partnership
Auto Remarketing Canada Staff
SiriusXM Canada has extended its partnership with Ford Motor Co. of Canada through 2025. As part of the extension, announced Monday, Ford vehicles that have the SYNC 4 communications and entertainment system will include SiriusXM’s next-generation 360L platform. The SYNC ... [Read More]
C2B car-selling startup raises $4.2M in initial funding round
Auto Remarketing Canada Staff
Autozen, a consumer-to-business marketplace that aims to give consumers “an easier, safer and more transparent way” to sell their vehicles, said Tuesday it has generated $4.2 million in an initial funding round. The company, which is in the final stages ... [Read More]
AutoVerify to roll out 2nd Dealer Support Program
Auto Remarketing Canada
AutoVerify announced a second Dealer Support Program on Wednesday that will waive monthly software fees through July 31 for new customers of the AutoVerify Suite. The AutoVerify Suite now has e-commerce capabilities, the company said. With that expansion, the digital ... [Read More]
CARFAX Canada service helps provide peace of mind on maintenance
Auto Remarketing Canada Staff
A new CARFAX Canada service helps vehicle owners stay on top of car maintenance schedules and keep track of service records, including reminders that alert users of upcoming service recommendations specific to their vehicle. CARFAX Canada said the free service, ... [Read More]
Wholesale price index closes 2020 at record high
Auto Remarketing Canada Staff
The Canadian Black Book Used Vehicle Retention Index was at a record high in December, beating the prior all-time high — set just a month earlier — by 0.8 points, and eclipsing the prior-figure figure by 3.1 points. That’s according to ... [Read More]
Hyundai Capital Canada again honored among Greater Toronto’s Top Employers
Auto Remarketing Canada Staff
Hyundai Capital Canada had a reason to celebrate this week, announcing that it was named among Greater Toronto’s Top Employers for the second year in a row by The Globe and Mail. Headquartered in Toronto, the company that provides lease ... [Read More]
Axis’ senior credit facility rises to $100M
Auto Remarketing Canada Staff
Axis Auto Finance started the year with more resources to generate originations and at terms more favorable for the technology-driven finance company. According to a news release distributed last week, Axis announced that it has expanded its senior secured credit ... [Read More]
KBB launches Inventory Lead Program for Canadian dealers
Auto Remarketing Canada Staff
Cox Automotive Canada announced Monday that Kelley Blue Book has launched an Inventory Lead Program for Canadian dealers that can help them connect with car buyers directly through the new KBB.ca site. KBB has also revamped its MarketLens and Pricing ... [Read More]
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