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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

Canadian wholesale vehicle prices show record weekly gains

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Auto Remarketing Canada Staff
The new-car production logjam is impacting Canada’s used-car market, too. Canadian Black Book said in an analysis Tuesday that wholesale vehicle prices last week hit record weekly gains for both car and truck segments. The overall market was up 0.58% ... [Read More]

Dilawri Group launches omni-channel car purchasing

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Auto Remarketing Canada Staff
Dilawri Group of Companies, a Canadian automotive group, has launched what it is describing as a complete omni-channel purchasing experience in which customers can connect with the dealer through live video, chat, SMS text, email, phone and at the store. Dilawri ... [Read More]

TRADER honors dealers for consistent, transparent pricing

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Auto Remarketing Canada Staff
Ian MacDonald said TRADER Corp. is dedicated to reinforcing consumer trust and confidence through fair and accurate pricing. “So it gives us great pleasure to award partners who share this vision,” said MacDonald, who is chief marketing officer for TRADER, in ... [Read More]

CBB: Pandemic made ‘huge impact’ on used-vehicle retained values

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Auto Remarketing Canada Staff
If one message can be taken from the Canadian Black Book 2021 Best Retained Value Awards, with winners announced Wednesday, it is that used vehicles today are holding far more value than ever before. That is the case even as ... [Read More]

New CFO at OpenRoad Auto Group

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Auto Remarketing Canada Staff
OpenRoad Auto Group announced a new executive vice president and chief financial officer earlier this month, appointing former PricewaterhouseCoopers partner Tahir Ayub to the role.    Ayub was a partner at PwC for more than two decades and held several ... [Read More]

Axis Auto Finance highlights 5 accomplishments recorded in Q2

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Auto Remarketing Canada Staff
Five critical performance metrics Axis Auto Finance recorded during the second quarter of its 2021 fiscal year moved in positive directions. The finance company that specializes in the subprime space announced record results for the quarter that ended on Dec. ... [Read More]

Experts see Canadian economy rebounding after lockdowns hamper 2021 start

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Auto Remarketing Canada Staff
After Canada made improvements on the job front during the closing two months of last year, the employment picture turned murky again to begin 2021 triggered by a second wave of lockdowns because of the pandemic. However, experts are expecting ... [Read More]

LGM program works toward positive societal, environmental impact

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Auto Remarketing Canada Staff
Canadian F&I products provider LGM notes its track record of having a social conscience. The company created an Auto Dealers Against Distracted Driving campaign and recently helped create Canada’s first hydrogen fueling station. This month, LGM continued that track record by ... [Read More]

Online sales platform Digital Motors moves into Canada

Digital Motors
Auto Remarketing Canada Staff
Fueled by a $10 million Series A funding round, online sales platform Digital Motors has expanded into Canada. The company, which is based in Southern California, provides dealers and automakers a platform that facilitates a purchase process where the customer ... [Read More]

Pandemic repercussions affect Canadians’ approach to car buying

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Auto Remarketing Canada Staff
Canadians are driving less. As a result, they are buying less. The result of less driving, says Canadian Black Book, is a reduced sense of urgency when it comes to buying a new vehicle. That is according to a CBB study ... [Read More]

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