EFG Companies and Inovatec are taking extra precautions to make sure the data their clients entrust to them remains safe and secure. Inovatec, a cloud-based software solutions provider, recently announced that it has completed its SOC 1 Type II and 2 Type II audits. The company insisted these moves demonstrate Inovatec’s commitment to high-quality service […] [Read More]

Entertaining commercials are always a highlight of Super Bowl television broadcasts, and during the first quarter of the upcoming big game on Feb. 2 in Miami, an ad for the all-new 2020 Hyundai Sonata will continue that tradition. The ad will begin with comedian Rachel Dratch serving as Boston Red Sox legend David Ortiz's dialect coach, […] [Read More]

ADESA president John Hammer says sellers have asked for “a more transparent snapshot of their inventory going through the lanes and up for bid.” “Our new remote seller dashboard allows them to see bid performance on each vehicle and how it compares to their set reserve, guidebook and the ADESA Market Guide national average — […] [Read More]

Early spring in North Carolina. Knocking on summer’s door in Toronto. Now, that’s the kind of weather we can get on board with at Cherokee Media Group. Not that more pleasant temps were the reason we made the shift, but the new dates for CMG’s Automotive Intelligence Summit, Auto Remarketing Canada and Women & Automotive […] [Read More]

The past four years have been quite productive for LotLinx with its dealer clients reaping the benefits of artificial intelligence (AI). The company said on Tuesday that its automotive shopper targeting technology has reached an all-time high in regard to quality of engagement seen from traffic delivered to the dealer site via its vehicle ads. […] [Read More]

Spireon added two more honors to its awards mantle; one arriving just before 2019 finished and the other in the opening days of 2020. In January, the company announced that Kahu was named Connected Car Product of the Year in the 2020 IoT Breakthrough Awards. And in December, Spireon announced that Kahu also earned gold […] [Read More]

My favorite weekends are the ones that my grandkids spend with my wife and me. There’s nothing better than waking up early on a Saturday morning and finding them sitting in front of the TV in their pajamas, giggling at their favorite cartoons. “Grandpa,” they say, “come watch cartoons with us!” And I do. My […] [Read More]

You know those shoppers who flock to retailers soon after Christmas Day looking for deeply discounted merchandise? Well, it appears dealers are behaving similarly at the auction during the opening days of 2020. Black Book recapped in its latest installment of Market Insights that stable prices are triggering more buying activity in the lanes. “The […] [Read More]

Total bankruptcy filings in 2019 registered the first year-over-year increase in eight years, according to analysis from the American Bankruptcy Institute (ABI). ABI officials reviewed data provided by Epiq Systems and found total bankruptcy filings during 2019 increased 0.28% from 2018. Total filings edged up to 757,497 cases in 2019 from 755,353 filings during 2018. […] [Read More]

As your finance company’s underwriting department receives applications from your dealership network, there’s a notable possibility the person looking to acquire a vehicle also is carrying a fair amount of student loan debt. According to a recent estimate from the American Bankruptcy Institute (ABI), nearly 18% of American adults have student loan debt, collectively owing […] [Read More]