In a few special editions of the show, we’re sharing some of the panel discussions and keynote presentations from the recent Automotive Intelligence Summit in Raleigh, N.C. Next up is a panel discussion titled, "Data Privacy Meets Regulatory Oversight in Debt Collection." Moderated by Rod Arends, vice president of Southeast Toyota Finance Service Center Operations, this […] [Read More]

Many people know Alexa as a service allowing them to interact with technology and use it for finding the nearest restaurant, for example. Under a new Transport Canada pilot program, users could soon be able to say, “Alexa, open vehicle recalls.” In a news release, Transport Canada said that Minister of Transport Marc Garneau is […] [Read More]

Kia Motors America digital sales manager Barb Bertram says the way that her company’s dealerships are found and seen online is a strong factor for customers during their buying process. Eighty percent of consumers will avoid a business showing bad reviews, she said. Also, she said, 59% of consumers listed dealership reputation as the most […] [Read More]

Based on a pair of projections released by industry observers on Wednesday, August used-vehicle sales should reach somewhere in the neighborhood of 3.4 million units. At TrueCar’s ALG business unit, analysts are projecting 3.35 million used-car sales this month, which would be a 0.2% decrease from August 2018. It would be steady with July, ALG said. […] [Read More]

One of the most frequent guests on the Auto Remarketing Podcast is back for another episode. DRN’s Jeremiah Wheeler recapped his TED-style presentation during this summer’s Auto Intel Summit along with looking ahead to Used Car Week, which begins on Nov. 11 in Las Vegas. The full discussion can be found below. Download and subscribe […] [Read More]

One of the regular contributors published within SubPrime Auto Finance News is taking on another industry responsibility. Linda Robertson, executive director of the Association of Dealership Compliance Officers (ADCO), announced on Wednesday that Randy Henrick has joined ADCO’s board of directors. A highly respected dealer compliance and consumer credit attorney, Henrick has over 30 years […] [Read More]

Your finance company's underwriting department should be quite busy during the next few days if the newest research from WalletHub is any indication. Despite business headlines chronicling the travails of the stock market and international trade clashes, WalletHub projected that 77.5 million new- and used-vehicle sales will be completed during Labor Day weekend with many […] [Read More]

Kristin Kolodge says alerts from vehicle technology such as lane-keeping and centering systems should not come across as a “nagging parent.” “No one wants to be constantly told they aren’t driving correctly,” said Kolodge, who is executive director of driver interaction and human machine interface research at J.D. Power. “Automakers are spending lots of money […] [Read More]

Dealers who might be accustomed to seeing wholesale prices cool a bit when the outside temperatures are their warmest likely are leaving the lanes disappointed. The latest Black Book Market Insights report again detailed how wholesale prices are holding at higher levels this summer. In fact, overall car segment values increased by 0.06% last week, […] [Read More]

With millions of used vehicles changing hands each year and millions of individuals changing addresses, the task for finding vehicle owners who have a model subject to a recall can be incredibly daunting. To help, LexisNexis Risk Solutions rolled out a new tool on Tuesday aimed at helping automakers reach vehicle owners to get critical repairs […] [Read More]