Black Book has added Susan Moritz to its sales leadership team, in the position of vice president of data licensing. Moritz has held leadership positions at KAR Global and Cox Automotive, among other companies. Moritz began her automotive career almost 30 years ago and has held management positions in various automotive verticals. Those include posts at […] [Read More]

Press releases arrive in the inboxes of us here at Cherokee Media Group throughout each business day. Most times, comments from executives contained in these releases focus on flowery language about the company’s newest product or executive. However, the opening quote from the top executive at Portfolio Holding stopped me instantly this week. The 13 […] [Read More]

NextGear Capital has announced two executive leadership promotions that it says will enhance support for independent dealers. Lisa Mackie is now vice president of portfolio management, and Thad Sykes is now associate vice president of sales for NextGear Capital, which is a floor plan provider for independent dealers. Mackie, now with 25 years of leadership […] [Read More]

In his new role as vice president of data science and analytics for KAR Global, Chris Simokat will lead all DRIVIN-powered data science functions for the company. He will also oversee data analytics that are fueling KAR’s suite of data as a service (DaaS) platform capabilities delivering actionable intelligence to customers. Simokat’s experience includes more […] [Read More]

Black Book has integrated its vehicle valuation data with TradeVelocity, and the companies are describing the integration as an “online trade widget for lead capture combining with a closing tool on the showroom floor.” TradeVelocity describes itself as a “trade widget” that allows consumers to see how time affects the value of their trade. The […] [Read More]

Jaguar Land Rover dealerships now have another option to cater to their service-drive customers. On Wednesday, Clutch Technologies announced a new integration with data analytics platform provider Synaptiv to help Jaguar Land Rover dealers simplify and more efficiently manage their loaner fleets and fixed operations business. The subscription and mobility services software provider and Cox […] [Read More]

After sharpening the solution for nearly a year, PAR North America is ready to broaden the availability of a service aimed at enhancing the wholesaling of repossessed vehicles. The KAR Global business unit on Tuesday announced the expansion of its PAR Repo 360 Advantage service. Finance companies using this digital-first product for their recovered vehicles […] [Read More]

White Clarke Group and Solutions by Text are now working together to provide a fast, more convenient means of regular communication among finance companies, dealerships and their customers. This week, the finance technology company and the automated SMS software provider announced an integration partnership; one they classified as “synchronizing solutions.” The companies explained that the […] [Read More]

The Consumer Financial Protection Bureau explained how it potentially could be quite monetarily worthwhile for someone to be a whistleblower. In fact, it could be as much as $10 million worthwhile in funds from the company found guilty of infractions as it relates to fair-lending violations. As a part of a three-part initiative connected to […] [Read More]

For the third consecutive year, Nick Zulovich connected with now GM Financial North America operations president Kyle Birch for an episode of the podcast recorded during the Vehicle Finance Conference hosted by the American Financial Services Association. In a conversation conducted last month, Birch shared an update on an array of topics, including the strong market […] [Read More]