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This Month's Focus

Turbocharged Finance
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3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here

AutoCanada to conduct strategic review of collision operations

Auto Remarketing Canada Staff
AutoCanada said last week that its board has initiated a strategic review of the company’s collision operations. A special committee of independent directors will analyze and evaluate various “strategic alternatives intended to maximize value for AutoCanada and its shareholders and ... [Read More]

Foss Group of Companies emerges in ‘new chapter’ for entity spanning entire vehicle lifecycle

Auto Remarketing Canada Staff
The Foss family name in Canadian auto retail dates back to 1962, when a single-point General Motors dealership opened in North Toronto. Some 60-plus years later, a new entity has emerged that unites the auto retail, fleet management, mobility and ... [Read More]

VMR provides API access to used-car values in Canada

Auto Remarketing Canada Staff
Vehicle Market Research International, which has provided used-vehicle values to consumers and businesses for more than 35 years, said last week it is now providing API access to the company’s used-car valuation data on Canadian vehicles up to 16 years ... [Read More]

AutoCanada discontinues C2C F&I and Kijiji-based ICO businesses

Auto Remarketing Canada Staff
AutoCanada is ending its online consumer-to-consumer finance and insurance business and its Kijiji-based instant cash offer business. The dealer group said Monday that it has repurchased iA Financial Group’s 10% common equity interest in 15154871 Canada Inc. for $8 million ... [Read More]

5 benefits of collaboration involving Inovatec by Solifi and RouteOne

Auto Remarketing Canada Staff
Solifi acquired Inovatec at the beginning of September, and the division is already building industry collaborations. Surfacing this week is the provider of indirect lending and digital retailing workflows working with RouteOne, which is a key industry provider of a ... [Read More]

Carfax Canada aims to help dealers expand acquisition strategy & find right vehicles

Auto Remarketing Canada Staff
Carfax Canada announced it has launched a new tool to help dealers acquire the right inventory and do so from additional sources. The company said Carfax Canada Sourcing allows dealers to evaluate potential acquisition targets through data-backed insights, giving them ... [Read More]

Dilawri debuts new Audi Capilano facility in BC

Auto Remarketing Canada Staff
Canada’s largest dealer group has rolled out a revamped Audi store in British Columbia. Last week, Dilawri announced Audi Capilano has launched a new location in North Vancouver, debuting a 27,500-square-foot two-story facility designed to reflect Audi’s Progressive Showroom Concept. ... [Read More]

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