As new vice president of sales for Canadian Black Book, Yolanda Biswah will have leadership responsibility for all Canadian licensing of data-related products. Biswah started with Canadian Black Book in 2015. She previously served as director of sales and customer experience. She will oversee Canadian Black Book’s sales strategy, working to further the company’s growth […] [Read More]

Experian confirmed what you might also be seeing in your F&I office or underwriting department. Consumer credit scores are generally getting a bit higher. According to its annual State of Credit report, Experian said Americans' average credit score has increased 2 points year-over-year to 682. While people are taking on slightly more credit card, mortgage […] [Read More]

It appears 2020 began with light activity in the lanes and wholesale prices adjusting in ways Black Book considers normal for the opening days of the year. Black Book’s latest Market Insights report showed values for both cars and trucks softened at a much lower level than what analysts noticed during the previous four weeks. […] [Read More]

As the new vice president of Manheim Logistics, Joe Kichler will oversee business strategy and operations for the company’s leading logistics brands. Those brands are Ready Logistics and Central Dispatch. Ready Logistics is a full-service transportation service, and Central Dispatch is a self-managed transportation service. Manheim says that together, those brands offer transportation services that […] [Read More]

Secure Collateral Management (SCM) highlighted that its network of repossession agents has grown by 300% since 2013. And the skip-tracing provider and forwarding company is looking to stay on that trajectory by reiterating its pledge about paying those agents when work is completed without any extra fees attached. In an effort to help repossession agents […] [Read More]

FunnelAI, a real-time, purchase-ready customer acquisition platform that uses artificial intelligence to turn social intent and web activity into prospects for businesses, recently announced that it has become a participant in the CDK Global Partner Program. The company highlighted that joining the CDK Partner Program is a critical step forward for FunnelAI to provide dealerships […] [Read More]

At least one firm sees the compound annual growth rate (CAGR) for the global automotive blockchain market to be quite robust in 2020 and into the next decade. Allied Market Research said in its recently published report the global automotive blockchain market is expected to garner $428.6 million in 2020 and is projected to reach […] [Read More]

Mark Stewart says automated driving, connectivity, electrification and shared mobility are “reshaping the future of mobility.” “The automotive industry is at the crossroads of digital transformation,” said Stewart, who is chief operating officer for FCA North America. FCA said on Thursday that it will join a partnership formed between Plug and Play, which is a […] [Read More]

Independent auctions can now take their own slice of the dealer-to-dealer auction market. That’s thanks to a partnership and exclusive integration between online auction EBlock and remarketing technology provider Auction Edge announced Tuesday. The partnership between Auction Edge and EBlock begins this month with the McConkey Auction Group, which through the integration of the technologies […] [Read More]

While still currently an estimate, it appears that the used-vehicle market eclipsed 40.4 million sales in 2019, according to Edmunds, whose projected pre-owned tally would be up from 40.2 million used-car sales in 2018. Specifically, Edmunds estimates that there were 40,415,175 used sales last year, continuing a long line of annual gains in the used-car market. […] [Read More]