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This Month's Focus

Turbocharged Finance
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Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
TransUnion and Bankrate collaborate to broaden credit offers  
TransUnion and Bankrate want to make it easier for millions of Americans to find personalized credit offers that meet their needs. On Wednesday, the companies announced they’re working even closer together to deliver smarter matching by combining Bankrate’s lender marketplace ... Read More
COMMENTARY: The LLM compliance paradox & separating conversational AI from quantitative underwriting
It’s hard to open a newspaper or read a tech article today without seeing at least some mention of large language models (LLMs) and their usage in just about any industry. The auto lending sector is no exception, with LLMs ... Read More
Ben Sporn of VIP Automotive Group Takes DIY Approach to AI
Ben Sporn is the chief marketing officer of VIP Automotive Group on Long Island, N.Y. , where he runs operations and artificial intelligence projects at his family’s 10-store dealer group. He also has a tech background, having worked for Google ... Listen Here
SPONSORED PODCAST: Securing the Vehicle Handoff with Secure Vehicle Transfer
In this episode of the Auto Remarketing Podcast, Bill Zadeits speaks with Lainey Sibble and Eric Schwartz from Central Dispatch about the newest technology impacting vehicle transport: Secure Vehicle Transfer. Learn more about this impactful technology and how it’s helping ... Listen Here
SPONSORED EPISODE: High-quality used inventory via the service drive with AutoHub’s Dan Gaughan
Some of the best used-car inventory a dealer could want is sitting right in their own service lane every day. In this special sponsored episode of the Auto Remarketing Podcast, AutoHub general manager Dan Gaughan took dealers through a proven ... Listen Here

EY study shows Canadians still cautious about AI but using it more for everyday activities

Auto Remarketing Canada Staff
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... [Read More]

Canadian used wholesale market’s March bubble deflates in April as CBB index drops

Auto Remarketing Canada Staff
The spring bump of March didn’t last long. Canadian Black Book’s Used Vehicle Retention Index followed that month’s gentle 0.3-point rise with a larger fall in April 2026, dropping 1.7 points to 130.8. That’s down 6.8% from April 2025. “As ... [Read More]

New AutoCanada CFO arriving this summer

AutoCanada plunges 128% in Q1
Auto Remarketing Canada Staff
AutoCanada’s Samuel Cochrane will be able to hand off the chief financial officer’s responsibilities to another executive in a couple of months. The dealer group on Thursday announced the appointment of Mike Woodward as its next chief financial officer, a ... [Read More]

Euro Auctions’ five Canadian auctions come together under new United Auctions banner

Auto Remarketing Canada Staff
Five Canadian auction companies are coming together to form a united entity. Michener Allen Auctioneering, Jardine Auctioneers, North Toronto Auction, Weaver Auctions and Coast2Coast Collector Car Auctions — all owned by Euro Auctions Group — are now part of United ... [Read More]

5 auto-lending headwinds FCAC found through recent research

Auto Remarketing Canada Staff
The Financial Consumer Agency of Canada (FCAC) recently conducted research in the auto-lending space to better understand market conduct, the regulatory framework, and growing microeconomic risks. What the agency discovered portrayed an industry that has five primary headwinds that are ... [Read More]

Full-size van values continue to tumble in Canadian wholesale used market

Auto Remarketing Canada Staff
If you’re looking to buy low on a used vehicle, you might want to look at a full-size van. The wholesale price of that segment of the Canadian used-vehicle market dropped 1.37% ($466) for the week ending April 25, according ... [Read More]

Carfax Canada report shows used-vehicle supply takes giant leap in March

Auto Remarketing Canada Staff
Used-vehicle inventory wasn’t so easy to come by in the first two months of 2026. But all that changed in March. According to CARFAX Canada’s Q1 Used Vehicle Market Insights report, used supply soared in the final month of the ... [Read More]

Canadian wholesale market’s spring momentum begins to show signs of weakening

Auto Remarketing Canada Staff
The spring market began to lose momentum as April passed its midpoint. According to Canadian Black Book’s weekly Market Insights report, the Canadian wholesale used-vehicle market was down 0.25% for the week ending April 18, a marked increase after four ... [Read More]

Sale of two more stores leaves AutoCanada with three locations to go in its U.S. exit

Auto Remarketing Canada Staff
AutoCanada’s U.S. holdings are down to three stores. The Edmonton-based dealership group has closed on the sale of two more of its U.S. dealerships: Hyundai of Lincolnwood and Kia of in Lincolnwood, both in the Chicago suburb of Lincolnwood, Ill. ... [Read More]

PODCAST: Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership

Auto Remarketing Canada Staff
As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... [Read More]

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