DealerTrack Canada Adds Desjardins Group to Network
DealerTrack Canada Inc. today announced the addition of Desjardins Group onto the DealerTrack Canada Network. Cooperative financial group Desjardins will now be able to receive electronic credit applications from all of its authorized automotive, RV and powersport dealers throughout Québec.
TORONTO—DealerTrack Canada Inc., a subsidiary of DealerTrack Holdings Inc., today announced the addition of Desjardins Group onto the DealerTrack Canada Network. Cooperative financial group Desjardins will now be able to receive electronic credit applications from all of its authorized automotive, RV and powersport dealers throughout Québec.
"Desjardins' presence on the DealerTrack Network provides easier access to Desjardins’ financing offer for automobile and durable goods dealers in Québec and select Ontario dealers. It will also improve the dealer’s and their customers’ experiences," said André Chatelain, vice president of Desjardins Card Services.
“Desjardins Group is a major financial institution in Québec, and adding them to the DealerTrack Network is a significant milestone for our company. We are confident that the expansion of our network of lenders to include Desjardins will significantly broaden the range of options for Québec and select Ontario dealers seeking financing for their customers, and help them close deals more quickly,” said Michael Collins, vice president and general manager of DealerTrack Canada Inc. “DealerTrack is committed to giving dealers access to the most comprehensive roster of financial resources to help identify the most appropriate financing source for their customers.”
More Auto Finance

Top Five Credit Application Fraud Flags
Compliance audits regularly reveal bad habits that can lead to fraud charges and should have been stamped out decades ago.
Read More →
More Auto Loans for the Taking in August
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →