Consumers drive the auto market. And the F&I office seals the deals. But if consumers can’t get the price they want, especially in the used market, there’s cause for concern. On the other hand, a race to the bottom — although low prices might be more attractive to your next shopper — can hurt business, […] [Read More]

Since many potential buyers research and shop for vehicles online quite extensively nowadays, Experian wanted to make a crucial piece of information — a vehicle’s history — more readily accessible so dealers can retail more units to these customers. Unveiled this past weekend at NADA Show 2020, Experian announced an exclusive relationship with CarZing, an […] [Read More]

SpinCar is looking to give dealers another education tool to benefit their F&I sales strategies. During NADA Show 2020 in Las Vegas, the digital automotive merchandising software provider launched an F&I merchandising solution designed to integrate directly with dealer website vehicle detail pages (VDPs). SpinCar explained F&I Advantage can enable dealers to increase F&I sales […] [Read More]

Market Scan Information Systems recently expanded its collection of industry partnerships. The automotive solutions and data provider announced it has teamed up with Tekion, a cloud-native dealer management system. Through the partnership, Tekion’s Sales module will be powered with Market Scan’s mScanAPI solution, a leading database and payment calculation technology. “Technology continues to reshape the […] [Read More]

Green certainly can have multiple meanings at Toyota Financial Services (TFS). The captive recently issued its latest unsecured Green Bond, reinforcing the finance company’s commitment to the sale of environmentally friendly vehicles. Officials highlighted proceeds from the $750 million bond will be used to fund the acquisition of new retail installment contracts and operating lease […] [Read More]

Software, consulting services and training provider KPA will release a new software platform that allows organizations to perform functions such as conduct mobile audits and inspections consistently across multiple facilities. KPA, which provides its services in the areas of workforce compliance and environment, health and safety, or EHS, says the new software platform, called Vera […] [Read More]

More stolen vehicle recovery (SVR) and innovative automotive services that dealers can offer are arriving nationwide this spring. LoJack, part of the fintech portfolio at CalAmp, recently announced the launch of the LoJack Connect family of subscription services. The company highlighted the new LoJack offering rounds out its comprehensive suite of inventory management, SVR and […] [Read More]

MotoRefi, which strives to save vehicle owners money with a refinanced installment contract, now has quite a bit of funding to expand its business. Last week, the fintech company that says it can save contract holders an average of $100 per month via its innovative auto refinance platform, announced it has raised $8.6 million in […] [Read More]

Nancy Fitzgerald, co-founder and chief executive officer of iLendingDIRECT Auto Refinancing, recently was named one of the 2020 Top 25 Most Powerful Women in Business by the Colorado Women’s Chamber of Commerce. The award, now in its eighth year, has recognized more than 200 women who excel in leadership, mentoring and philanthropy in Denver and […] [Read More]

Another one of the inaugural Emerging 8 honorees is continuing to gain industry traction. Last week, BMW i Ventures announced an investment in AutoFi, a technology company honored during last year’s Automotive Intelligence Summit. The exact funding figure wasn’t revealed in a news release distributed by BMW’s multi-billion euro venture capital fund that invests in […] [Read More]