Axis Auto Finance closed the second quarter of its 2020 fiscal year with a pair of records, aided in part by its partnership with Westlake Financial Services and Nowcom Corp. forged last September. The publicly traded subprime auto finance company ... [Read More]

Through a new exclusive partnership with SiriusXM, Canadian independent warranty program provider Global Warranty is providing its customers with a three-month SiriusXM All Access trial that is free with qualifying Global Warranty products. Those customers will receive the trial even ... [Read More]

TRADER Corp. says it has released a digital marketing analytics tool that it says draws a direct and verifiable line between consumer activity on the autoTRADER.ca online marketplace, and eventual vehicle sales in Canadian automotive dealerships. Called Match, the online-to-offline ... [Read More]

Fintech isn’t limited just to Silicon Valley. TransUnion spotted fintech developments leaving impacts in the Oil Patch, MTA and Vancouver, too. A new study released this week by TransUnion explored the evolving trends around the fintech lender landscape in Canada, ... [Read More]

The retained value for all vehicles in Canada measured for this year’s 13th annual Canadian Black Book Best Retained Value Awards show that 4-year-old vehicles (2016 model-year) held what Canadian Black Book describes as “an astounding” 57% of original MSRP, ... [Read More]

PayLink Direct — a financial services company that specializes in providing interest-free payment plans for the purchase of service contracts for vehicles, RVs, homes, commercial trucks and other products — now is available in Canada. According to a news release, ... [Read More]

Consumers drive the auto market. And the F&I office seals the deals. But if consumers can’t get the price they want, especially in the used market, there’s cause for concern. On the other hand, a race to the bottom — ... [Read More]

Pre-owned vehicle online retailer Clutch has launched its service in the greater Toronto area. The company started operations in Halifax in 2017, describing itself as an alternative to buying a car from a traditional dealership or privately from an individual. ... [Read More]

A few automakers have shared their January certified pre-owned sales results with Auto Remarketing Canada, and it appears they are off to a quick start.  For example, Hyundai’s H-Promise certified pre-owned program had its best January ever, moving 852 units. That ... [Read More]

Almost 20 years ago, Gilles Pellerin joined Quadrex, and that company was sold to DataScan in 2006. AutoVIN acquired the combined company in 2015, and the company says Pellerin played an important role in ensuring a smooth merger between AutoVIN ... [Read More]