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
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
AutoCanada continues to divest in US, with agreement on remaining stores
Auto Remarketing Canada Staff
AutoCanada has made “meaningful progress” on divesting its U.S. dealerships and has entered a definitive agreement on its remaining nine dealerships south of the border (which comprise two individual storefronts). The retailer said in its latest earnings release that it, ... [Read More]
Affordability, trade challenges remain, but Canadian used-car market on the mend
Auto Remarketing Canada Staff
Recovering and stabilizing. Gradually. The Canadian used-car market has taken its punches, but inventory levels are improving and while affordability remains a concern, prices are normalizing. And the declines in used-car sales are slowing. That’s according to Carfax Canada’s midyear ... [Read More]
Price declines steepen at auction, but stay below pre-COVID drops
Auto Remarketing Canada Staff
Depreciation in Canadian wholesale vehicle values picked up speed last week, but remains slower than pre-COVID declines, according to the latest Market Insights report from Canadian Black Book. Overall, wholesale vehicle values fell 0.19% last week, compared to a 0.16% ... [Read More]
CarDoor launches platform for dealers to buy cars from consumers
Auto Remarketing Canada Staff
CarDoor has launched a consumer car-selling platform, MarketCheck, where a consumer can post their car for sale to hundreds of dealers and receive offers in real time. Once an offer is delivered and the consumer accepts, CarDoor handles paperwork, arranges ... [Read More]
After US debut, CarGurus brings conversational AI assistant Guru to Canada
Auto Remarketing Canada Staff
Dealers and car shoppers have a new assistant in Canada. CarGurus announced Monday — its 10th anniversary in the country — that it has launched Guru, an artificial intelligence car-shopping assistant designed to help consumers find the best deals while ... [Read More]
Used-car sales & pricing behaviors at year’s midpoint, what to expect in second half
Joe Overby, Senior Editor
Used-car retail sales in Canada have been “more resilient than expected” this year, with the softness largely attributable to lack of affordability, not weak demand. That’s according to the latest AutoTrader Price Index report, which said used-car sales are down ... [Read More]
AutoCanada sells 3 BC stores as part of ‘disciplined approach to capital allocation’
Auto Remarketing Canada Staff
AutoCanada has sold three British Columbia dealerships for approximately $32.2 million in gross proceeds, a move the retailer’s CEO says, “reflects our disciplined approach to capital allocation.” The group announced last week that it completed the sale of Island Chevrolet ... [Read More]
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