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
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
Online retailer Clutch adds instant cash offer to platform
Auto Remarketing Canada Staff
Canadian online auto retailer Clutch has debuted an instant cash offer tool on its platform to allow the consumer to sell or trade-in their pre-owned vehicle and have it picked up for free. In a news release, Clutch said the new ... [Read More]
Impact Auto Auctions rebrands to IAA
Auto Remarketing Canada Staff
IAA, Inc. said Thursday that its Impact Auto Auction business unit in Canada has rebranded to the IAA global brand. In a news release, IAA said this move “underscores IAA’s commitment to investment, innovation and customer excellence in the Canadian ... [Read More]
Axis reaches record originations, portfolio balance & revenue
Auto Remarketing Canada Staff
It was a record fiscal second quarter in several metrics for Canadian fintech company Axis Auto Finance. Axis, which focuses on used cars, said Wednesday it generated $36.7 million in auto loan originations for the fiscal Q2 period ending Dec. ... [Read More]
COMMENTARY: The case for starting the finance journey on your website
Drew Harden, CARFAX Canada
You’ve just spent three hours with a customer and when it’s time to run their credit, you learn the bank won't even loan them a pen. So, you decide to discuss credit up-front with your next customer and they’re visibly ... [Read More]
Wholesale vehicle prices in Canada remain calm another week
Auto Remarketing Canada Staff
Stability continues in the Canadian wholesale vehicle market, as prices on used cars were up 0.03% last week, following a 0.01% rise the week before, according to the latest weekly update on the market from Canadian Black Book. These slight ... [Read More]
ADESA debuts new Purchases Page in Canada
Auto Remarketing Canada Staff
ADESA said Tuesday it has launched a new Purchases Page for Canadian buyers that is designed to make the online self-checkout process more efficient, while also broadening post-sale capabilities and allowing customers to turn to one centralized place to manage ... [Read More]
Introducing Canada’s Used Car Week
Auto Remarketing Canada Staff
Cherokee Media Group is proud to introduce our latest in events: Canada’s Used Car Week. The Auto Remarketing Canada Conference and Women & Automotive Canadian Leadership Forum will continue with their brands and are now positioned under the new umbrella ... [Read More]
GM, Toyota lead ALG Residual Value Awards for Canada
Auto Remarketing Canada Staff
ALG shared the winners of the J.D. Power 2022 Canada ALG Residual Value Awards on Thursday, and topping the list with the most segment awards was Toyota Canada, with 10, followed by GM Canada (five). Specifically, Toyota won seven model-level ... [Read More]
iA Auto Finance names new president
Auto Remarketing Canada Staff
iA Auto Finance has a new president: longtime company veteran Charles Parent, iA said in a LinkedIn post last month. “A trained actuary, a truly passionate, humble and honest person with 20 years of experience in the iA family: that's ... [Read More]
After ups and downs, wholesale vehicle prices in Canada steady last week
Auto Remarketing Canada Staff
The Canadian wholesale vehicle market closed 2021 with 21 consecutive week-over-week increases. And then, 2022 started with two straight declines, according to Canadian Black Book, which said overall market prices fell 0.10% the week ending Jan. 7 and 0.05% the week ... [Read More]
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