With Canada’s Used Car Week set to begin Tuesday in Toronto, below is a numbers rundown for the event, which is celebrating 20 years in 2025. For more information on Canada’s Used Car Week, visit canada.usedcarweek.biz. 75+ Speakers on the Agenda 400+ Attendees 130 Dealers in attendance 6 Live Stage sessions 4 Networking receptions + […] [Read More]

The decline in Canadian wholesale used-car prices is picking up speed. Canadian Black Book’s weekly Market Insights report showed a drop of 0.35% for the week ending June 7, almost double the 0.18% decrease of the previous week and the largest fall since a decline of 0.48% during the week of Jan. 11. It’s also […] [Read More]

Buckeye Dealership Consulting has rebranded as Buckeye Risk Services, a move that reflects the company’s evolution into a full-spectrum risk assessment and solutions organization serving multiple verticals while staying rooted in the automotive and finance ecosystems. Buckeye’s rebrand brings together the company’s portfolio of services, internal teams, and acquired entities under a single, unified identity. […] [Read More]

Tricolor is continuing to leverage securitizations to have the resources it needs to specialize in the Hispanic and other underserved markets and operate 65 retail centers within 22 cities in Texas, California, Nevada, Arizona, New Mexico, and Illinois. This week, Tricolor announced a $217 million issuance, as Barclays acted as the lead structuring agent with […] [Read More]

Perhaps finance companies are acknowledging that they’re going to have to absorb a bit more risk to keep origination objectives within reach. Cox Automotive reported this week that the May Dealertrack Credit Availability Index showed a modest improvement in auto credit access across several key metrics, including the subprime segment. Analysts indicated the index rose […] [Read More]

In a market still shaking off pandemic distortions and absorbing the economic uncertainty of new tariffs, certified pre-owned vehicles are again quietly emerging as an important strategic play for both automakers and their dealers. In light of current conditions — and perhaps because of them — the math adds up in favor of broader use […] [Read More]

The short history of Arra Finance already includes some of the most significant moments a new operation can have. The company specializing in subprime auto financing launched in spring 2022, then last summer gained new ownership with an asset management firm boasting lots of financial horsepower. And now it’s poised to make an acquisition, as […] [Read More]

Dealership sales and service enablement software platform TradePending announced a strategic partnership with automotive data management platform Authenticom to integrate Authenticom’s data syndication with TradePending’s Value Watch product. The collaboration is designed to automate the enrollment of sold and serviced vehicle customer data into Value Watch to set up consistent communication with customers throughout the […] [Read More]

TSD Mobility Solutions has teamed with insurance verification technology provider Canopy Connect in a partnership designed to create an efficient and reliable way to verify renters’ provided car insurance information. TSD Mobility, a provider of fleet management software for rental car companies and dealerships, was acquired by Reynolds and Reynolds last summer. Canopy Connect founder […] [Read More]

Electric vehicles are one of two outliers when it comes to used-car price patterns, as their prices continue to fall amid growth in the overall pre-owned vehicle market the last three months. But the declines in used EV values appear to be approaching a plateau, according to an iSeeCars.com analysis, indicating that supply and demand […] [Read More]