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This Month's Focus

Artificial Intelligence
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Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
Dealer group C-suite executives examine role of AI at auto retailers
Monday, May. 18, 2026, 10:23 AM
Artificial intelligence in auto retail, says Zeigler Auto Group chief operating officer Sam D’Arc, is in a similar place as digital retail was 4-5 years ago. There’s a lot of excitement, but perhaps not a complete understanding of how AI ... Read More
Dealers look to AI for customer experience boost
Monday, May. 18, 2026, 10:10 AM
Sam D’Arc doesn’t remember what his query was when he first used ChatGPT, but the response was fast and accurate. “It caused a little bit of awe and surprise in how well it extracted information into the answer to the ... Read More
Explaining lead deterioration & performance-based marketing for dealerships
Tuesday, May. 19, 2026, 02:02 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. AutoWeb / UsedCars.com president and COO Dan Ingle tackled ... Listen Here
Navigating used-car inventory management with John Ellis of Agile Auto
Tuesday, May. 19, 2026, 01:58 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Agile Auto founder and CEO John Ellis acknowledged inventory ... Listen Here
Flipping EV battery risk into faster sales
Monday, May. 18, 2026, 07:49 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. AVILOO chief executive officer Brett Lippel focused on what ... Listen Here

TrueCar acquires Digital Motors to reinforce TrueCar+ marketplace

TrueCar booth at NADA Show 2022
Tuesday, Jun. 7, 2022, 02:29 PM
Auto Fin Journal Staff
The volume of dealerships changing hands has been growing for some time. Now in recent days, acquisitions involving products and software connected to financing and retailing are intensifying, too. On the heels of J.D. Power announcing a pair of acquisitions, TrueCar said on ... [Read More]

DriveItAway rolls out Polestar 2 EV subscription program

John Possumato with EVs for web
Tuesday, May. 31, 2022, 04:41 PM
Auto Fin Journal Staff
DriveItAway founder and chief executive officer John Possumato wants to give consumers as many options as possible when using the company’s electric vehicle subscription to ownership program. On Wednesday, DriveItAway Holdings launched an initiative with Polestar 2 for anyone who would ... [Read More]

Inovatec & Lightico partner to help users offer end-to-end digital journey for customers

vlad and zviki for web
Tuesday, May. 31, 2022, 04:37 PM
Auto Fin Journal Staff
Two service providers with international presences and leaderships now are working together to smooth customer journeys with digital solutions for finance companies and lenders throughout North America. Inovatec Systems, based in Burnaby, British Columbia, recently reached a collaborative agreement Lightico, ... [Read More]

Latest equity close pushes FINN valuation above $500M

money-stack
Tuesday, May. 31, 2022, 04:34 PM
Auto Fin Journal Staff
In March, FINN expanded its vehicle subscription offering to western Pennsylvania, Massachusetts, Connecticut and Washington D.C., following its initial U.S. rollout in December. And now the company has additional financial resources to expand more. Last week, FINN announced it has closed ... [Read More]

2 months into launch, Solera Auto Finance now funds in 20 states

Solera booth at NADA_0
Tuesday, May. 31, 2022, 04:31 PM
Auto Fin Journal Staff
Solera Auto Finance (SAF) launched in March during NADA Show 2022, building momentum and bettering its own initial growth estimates. The company recently said it is already well-positioned in the used-vehicle finance market, signing dealer agreements and funding contracts within ... [Read More]

Constant & Celerit partner to drive servicing modernization

cloud computing
Wednesday, May. 25, 2022, 03:44 PM
Auto Fin Journal Staff
Constant, a provider of digital loan servicing solutions, announced a partnership with Celerit, a veteran provider of technology services to the financial services industry. Celerit, which has a 30-year history of supporting bank loan servicing shops and their core software ... [Read More]

Lendbuzz makes Forbes’ list of best startup employers

Consistency is name of the game for J.D. Power’s 2024 ALG residual value awards in Canada
Wednesday, May. 25, 2022, 03:41 PM
Auto Fin Journal Staff
Lendbuzz appears to be putting nearly $700 million in growth resources to good use. The firm that is striving to modernize what it contends is an “outdated” auto-finance industry, using artificial intelligence with a focus on serving consumers who have ... [Read More]

PODCAST: Monthly fraud episode explores technology development & integrations

podcast image
Wednesday, May. 25, 2022, 03:39 PM
Auto Fin Journal Staff
For the latest episode of the Auto Remarketing Podcast focused on fraud, Point Predictive’s Frank McKenna and Justin Davis explore how technology is developed to keep fraud from infiltrating dealerships and finance companies. McKenna and Davis also touched on the ... [Read More]

Caribou gains unicorn status with latest funding pushing company value above $1B

kevin bennett caribou for web
Monday, May. 23, 2022, 02:34 PM
Auto Fin Journal Staff
In this particular case, Caribou is a unicorn. One of the 2020 Emerging 8 honorees that’s involved in auto refinancing and more announced on Friday that it has closed $115 million in an oversubscribed Series C funding round, which brings ... [Read More]

Allied Solutions acquires CU Direct’s Lending Insights platform

merger and acquisition image
Monday, May. 23, 2022, 02:32 PM
Auto Fin Journal Staff
Allied Solutions is making its solutions stronger, especially for credit unions. Last week, one of the largest providers of insurance, lending, risk management, and data driven solutions to financial institutions announced the acquisition of CU Direct’s Lending Insights platform. The ... [Read More]

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