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]

Next up on our series of podcasts from NADA Show 2020 last month in Las Vegas, ACV Auctions chief executive officer George Chamoun reflects on his first trip to the annual NADA convention three years ago and the company's growth since then. Plus, Chamoun discusses the tech ACV plans on building this year, how it […] [Read More]

A new partnership between Dilawri Group of Companies and Brian Ross for co-ownership and operation of Ferrari Maserati of Vancouver represents the first Ferrari and Maserati dealerships for Dilawri, which says it is Canada’s largest automotive group. Brian Ross acquired Ferrari Maserati of Vancouver in 2004, and in 2010 he relocated operations to a new […] [Read More]

Used-vehicle sales climbed more than 4% last month, but the market may only be warming up. Analysis from Cox Automotive indicates there was a tax refund-fueled “liftoff” in the used-car market during the first week of March, with retail sales climbing more than 30%. “The seasonal sales jump has been slower to happen as a […] [Read More]