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
Mercedes-Benz Newmarket joins Zanchin group; ex-Mercedes Canada CEO to run store
Auto Remarketing Canada Staff
Zanchin Automotive Group has added Mercedes-Benz Newmarket, which will be led by former Mercedes-Benz Canada president Brian Fulton. Fulton, who held that Mercedes-Benz Canada CEO role from 2016 until July, will be Mercedes-Benz Newmarket’s managing partner. “Bringing all of the many ... [Read More]
Mercedes-Benz Canada posts 3 straight months of record CPO sales
Joe Overby, Senior Editor
In a positive sign for Canada’s used-car market, at least two automakers are reporting record certified pre-owned sales. Mercedes-Benz Canada, for example, had record CPO sales in July, August and September, the company said when reporting quarterly sales results. It ... [Read More]
Ford, Acura take top honors in ‘Best CPO Value in Canada’
Auto Remarketing Canada Staff
Ford earned six awards, including Best CPO Value Truck brand, as Vincentric announced its third-annual Best Certified Pre-Owned Value in Canada Awards on Tuesday. Acura also had a strong 2020 showing. That brand earned five total awards, including Best CPO ... [Read More]
Former Cox Automotive leaders in US join fintech provider PowerBand
Auto Remarketing Canada Staff
Two former Cox Automotive leaders in the U.S. have joined a company that describes itself as “a fintech provider disrupting the automotive industry.” John Canales and Brent Green are now senior advisers with PowerBand Solutions, which offers an integrated, cloud-based ... [Read More]
Axis Auto Finance sets 3 records during 2020 fiscal year
Auto Remarketing Canada Staff
Despite the obstacles created by the coronavirus pandemic, Axis Auto Finance recently reported that it set a new record for originations and two other metrics during its 2020 fiscal year that closed on June 30. The publicly traded subprime automotive ... [Read More]
HGregoire offers satisfaction-guarantee extension
Auto Remarketing Canada Staff
Seeing a clear increase in online transactions, HGregoire Automotive Group has extended the length of its satisfaction-guaranteed, money-back program. The extension is from three to seven days, and once a customer purchases a vehicle from HGregoire, he or she has ... [Read More]
EBlock ranks among Canada’s top-growing companies
Auto Remarketing Canada Staff
With the company’s founder and chief information officer Ryan O'Connor saying its growth is “rooted in our team’s commitment to developing the best-in-class product for our dealers,” EBlock said it placed as the highest ranked automotive company on the 2020 ... [Read More]
CARFAX Canada earns business of year honors for 2nd time
Auto Remarketing Canada Staff
CARFAX Canada took home honors as the “Large Business of the Year” for the second time during last week’s London Chamber of Commerce Business Achievement Awards. The company previously won this award in 2012. The gala for the awards, which ... [Read More]
3 takeaways from upcoming free webinar focused on ‘credit-first approach’
Auto Remarketing Canada Staff
As sales continue to rebound throughout Canada in the midst of the coronavirus pandemic, credit availability is playing an even more important role as dealers and buyers work together toward delivery. To help dealerships, finance companies and other part of ... [Read More]
All-digital ARC Conference concludes Friday with slew of live sessions
Auto Remarketing Canada Staff
The all-digital Auto Remarketing Canada Conference concludes Friday with a day full of live sessions focused mostly on the wholesale side of the auto business. The day starts at 11 a.m. (ET) with a session on the “Canadian Wholesale & Remarketing ... [Read More]
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