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
Used-car values fall in 4 of 6 segments
Joe Overby, Senior Editor
Wholesale prices in Canada in April were down an average of 0.6 percent from March, according to a report accompanying the latest ADESA Canada Used Vehicle Price Index, powered by ALG. Four of the six segments tracked in the report ... [Read More]
First Access Funding reaches tech partnership to grow non-prime business
Auto Remarketing Canada Staff
First Access Funding Corp., a privately held non-prime automotive finance company based in Edmonton, Alberta, recently partnered with defi SOLUTIONS and Integrated Fintech in an effort as a top executive described “to take their lending program to the next level” ... [Read More]
Top appraisal, trade-in trends at Ford stores
Joe Overby, Senior Editor
In April, the Ford F-150 was again the most appraised vehicle in Canada and it continues to hold the No. 1 spot year-to-date, according to the latest Dealertrack Tradetracker report. It also continues to be the domestic vehicle most often ... [Read More]
ADESA Canada announces 3 management promotions
Auto Remarketing Canada Staff
ADESA has announced changes to three of its Canadian auction management teams. Scott Rennie has been promoted to general manager at ADESA Ottawa; he previously was assistant GM at ADESA Toronto. Richard Kennedy, former general manager of ADESA Halifax, is now assistant ... [Read More]
Manheim opens Quebec City auction
Auto Remarketing Staff
Manheim has expanded to Quebec City, making it the company's second auction in province of Quebec and its sixth in Canada. “By expanding our inventory service offerings in Quebec City, we will be able to better support our clients, adding value ... [Read More]
Cox Automotive Canada supports wildfire victims
Auto Remarketing Staff
Cox Automotive Canada and its Manheim Edmonton, vAuto, VinSolutions, Xtime, DealerTrack and NextGear Capital business units have pledged their support to the wildfire-ravaged community of Fort McMurray, Alberta, in the form of a $30,000 donation to the Canadian Red Cross. ... [Read More]
Highlights of Canada’s CPO Market
Joe Overby, Senior Editor
In April, Subaru Canada more than doubled its certified pre-owned sales total from a year ago, continuing what have been rapidly improving sales in 2016. Through four months, it has sold 613 CPO vehicles, compared to 241 in the same ... [Read More]
NextGear Capital appoints VP of Canada operations
Auto Remarketing Canada Staff
NextGear Capital, a Cox Automotive brand, has appointed Joe Carusella to be national vice president of its Canada operations. Carusella brings more than 21 years of auto industry experience in the areas of operations, sales and finance. “We are excited ... [Read More]
NAAA Auction Standards Training coming to Toronto
Auto Remarketing Canada Staff
The National Auto Auction Association will be taking its Auction Standards Training northward. NAAA is hosting this two-day training at Manheim Toronto on May 10 and May 11. The first day will delve into damage analysis, touching on everything from ... [Read More]
Consumer Trust Certified honors Canadian stores with top reviews
Auto Remarketing Canada Staff
Earlier this week, autoTRADER.ca and Mobials announced the launched of a program that rewards dealers who consistently receive positive reviews from consumers. Dealers participating in this Consumer Trust Certified Program receive badges to display on their lots and online. The ... [Read More]
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