Electric vehicles are one of two outliers when it comes to used-car price patterns, as their prices continue to fall amid growth in the overall pre-owned vehicle market the last three months. But the declines in used EV values appear to be approaching a plateau, according to an iSeeCars.com analysis, indicating that supply and demand […] [Read More]

Maybe things can really settle down in the wholesale market. The day after Black Book shared its newest installment of Market Insights, President Trump said on Wednesday via social media, “Our deal with China is done, subject to final approval with President Xi and me.” Perhaps the auction world also sensed an agreement involving tariffs […] [Read More]

One of the former Larry H. Miller dealerships has changed hands again. Asbury Automotive Group has sold Larry H. Miller Toyota Corona in Corona, Calif., and its related real estate and business operations to Mike Hong and Jerry Heuer, according to The Presidio Group, which represented Asbury in the transaction. The dealership is one of […] [Read More]

Quarterly updates have shown consumers are struggling to maintain their monthly payments for auto financing and other credit products. So, Repay Holdings Corp. is making sure that its vertically integrated payment solutions perform well, thus announcing new enhancements to the company’s integration with MeridianLink. REPAY’s payment technology now enables credit unions and banks in MeridianLink’s […] [Read More]

It’s patently obvious Privacy4Cars has reached a milestone. The privacy-tech company was awarded its 10th patent by the U.S. Patent Office, this one for a system and method of generating dynamically variable multi-dimensional privacy ratings for vehicles. The method will be featured in future expansions of Privacy4Cars’ Vehicle Privacy Report tool to enhance disclosures that […] [Read More]

Competition in the vehicle history report space is heating up. Experian has made the latest move, adding a couple of big names to its AutoCheck product. Cox Automotive brands Kelley Blue Book and Autotrader announced they are expanding their strategic relationship with Experian to co-brand AutoCheck vehicle history reports on KBB.com and Autotrader.com vehicle listings. […] [Read More]

The top three findings from a recently commissioned total economic impact study of Experian’s global customers by Forrester illustrated what the company’s tools can do for clients. According to a news release from Experian, the study showed that the Experian Ascend Platform helps financial institutions improve credit and fraud decisions, offered a 183% return on […] [Read More]

This week, Chase Auto welcomed a former high-level Volvo executive to oversee one of its captive finance businesses. Michael Cottone joined the company as general manager to lead Subaru Motors Finance. In his role, Chase Auto highlighted that Cottone will work as an extension of Subaru of America to drive revenue growth, increase Subaru’s market […] [Read More]

Origence is intensifying its fight against fraud. The lending technology solutions provider for credit unions announced a strategic partnership with Alloy, an identity and fraud prevention platform provider. Origence said on Wednesday that this partnership can provide credit unions with a “scalable and highly effective solution” to grow their business by streamlining digital member onboarding […] [Read More]

Agora Data secured what it called a “milestone accomplishment” toward strengthening its position in the multi-billion-dollar public capital markets. The fintech innovator of advanced capital solutions in subprime and non-prime consumer finance on Tuesday announced the successful completion of its first rated asset-backed securitization — a $112 million transaction. Agora said the 144A auto loan […] [Read More]