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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

Rapid, moderate, or slow? Report examines EV adoption scenarios

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Auto Remarketing Canada Staff
Rapid adoption of electric vehicles — a scenario in which EVs represent 30% of Canada’s vehicle stock, compared to less than 3% today — would reduce domestic oil consumption by about 252,000 barrels per day, according to Ernst and Young, ... [Read More]

Another all-time high for CBB Used Vehicle Value Index

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Auto Remarketing Canada Staff
The compact car, compact crossover and mid-size car segments were at new all-time highs for retained value in September 2019, as the Canadian Black Book Used Vehicle Retention Index has again hit a new all-time record high in the month of ... [Read More]

Details of partnership involving Inovatec and Inverite

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Auto Remarketing Canada Staff
Inovatec Systems Corp., and Inverite Verification announced a strategic partnership this week. The provider of cloud-based software solutions for all financial institutions and the open-banking provider with coverage for more than 275 Canadian financial institutions said their relationship is meant ... [Read More]

Wholesale volumes up, but retention remains strong for pre-owned

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Sarah Rubenoff, Correspondent
As expected, wholesale volume has increased from 2018 to 2019 in Canada, due in part to growth in lease returns.  But interestingly, the increase isn’t yet putting downward pressure on used prices. According to RVI, the expectation coming into this ... [Read More]

5 highlights from Axis Auto Finance 2019 fiscal year report

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Auto Remarketing Canada Staff
This past Friday, Axis Auto Finance reported financial results for its 2019 fiscal year that ended June 30 and included the full 12 months of operations the acquired entities of Cars on Credit Financial (COCF) and Trend Financial Corp. As ... [Read More]

‘Cereal’ number: 2020 is target for CARFAX Canada move to former Kellogg’s factory

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Auto Remarketing Canada
CARFAX Canada employees could be treated to a spoonful of new amenities next summer when the company moves its head office to 100 Kellogg Lane, a former cereal factory for Kellogg’s Canada. The facility, which CARFAX Canada called a landmark ... [Read More]

Porsche Center Richmond to embody ‘essence of Porsche brand’

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Auto Remarketing Canada staff
Christian Chia says the current time is an “exciting new era” for Porsche in British Columbia. Chia is chief executive officer of OpenRoad Auto Group, and he said in a news release that the news of OpenRoad and Dilawri Group ... [Read More]

Quebec, British Columbia & Alberta headline Scotiabank’s Q4 Provincial Economic Outlook

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Auto Remarketing Canada Staff
After wrapping up the Thanksgiving holiday, Scotiabank Economics released its Q4 Provincial Economic Outlook this week. Along with sharing four overall trends and a deeper look at each of the 10 provinces, analysts arrived at the conclusion that Quebec will ... [Read More]

24-acre expansion for Copart’s Montreal location

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Auto Remarketing Canada staff
A 24-acre expansion to Copart’s Montreal site in Quebec will allow the location to grow its vehicle inventory and offer more choices to members, said Copart Canada managing director Steve Macaluso. “We are excited to grow our capacity in Canada ... [Read More]

Steady as she goes for Canadian used-vehicle prices

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Auto Remarketing Canada Staff
The used-vehicle price trend for the Canadian market in September? They are maintaining their increased price levels set earlier in the year, according to the autoTRADER.ca Price Index. September showed a 10.6% year-over-year increase, but compared to August showed a 1.6% month-over-month increase. ... [Read More]

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