Concepts such as artificial intelligence (AI), machine learning, big data and blockchain are bandied about often during conferences, boardroom gatherings and other strategy sessions. But a research project from AvidXchange showed that business-to-business service providers still are grappling with what exactly these technologies are and how they can be used to improve operations. The payment […] [Read More]

The latest auto-finance information available from Equifax revealed trends that made the company give bullish projections of what the subprime slice of the market might be like for the rest of the year. Equifax’s auto-loan originations observations through January reported as of March indicated that 1.78 million contracts, totaling $41.3 billion, have been originated year-to-date. […] [Read More]

Dealer Owned Warranty Co. (DOWC). a provider and administrator of F&I products and services, recently partnered with the Allstate Corp. Like dealers, customers depend on the integrity of their vehicle service contracts and warranties. DOWC strives to ensure the successful administration of a dealer’s warranties and F&I products when customers need them the most. “Allstate […] [Read More]

A new method of automotive customer reviews will provide insights for vehicle manufacturers into how customers are talking about brands and their experiences with vehicles, sales and service. With this insight, manufacturers can identify areas for improvement, identify ways to attract and retain car buyers, and provide consumers with a trustworthy source for purchasing decisions. […] [Read More]

In his 10 years as president and chief executive officer with J.D. Power, Finbarr O’Neill helped lead the company through a time of expansion into data and analytics, as well as the integration of acquisitions such as the NADA Used Car Guide and the used car pricing consumer website, National Appraisal Guides. Now, with the […] [Read More]

The days of sports cars and luxury sedans dominating the lease market might be over. That’s according to car lease marketplace, Swapalease.com. In its first quarter 2019 Auto Lease Trends Report, Swapalease.com is asking the question, “Is the luxury sports sedan lease dead?” Swapalease.com executive vice president Scot Hall says luxury sports sedans are at […] [Read More]

Intellaegis now has additional funding and manpower to accelerate the growth of masterQueue, its debt collection software. The company announced this week that it closed on its first round of institutional funding since its launch at Finovate in 2011. “To this point, we’d been self-funded by the founders and two strategic angel investors,” Intellaegis co-founder […] [Read More]

Auto/Mate Dealership Systems recently enhanced its product offering aimed at streamlining the sales process and improving the workflow of sales managers, F&I managers and office clerks. The company released Deal Closeout, a new feature in the Desk/Mate Module of its dealership management system (DMS). Desk/Mate users can now work and close deals all in one […] [Read More]

This week, Veros Credit, a finance company that specializes in the subprime space, announced the winner of its Auction of the Year. Earning the accolade was North Bay Auto Auction of Fairfield, Calif. Veros Credit officials said North Bay AA was chosen this year for its excellence in overall inventory management, retention and customer service. […] [Read More]

In a few special editions of the show, we’re sharing some of the presentations from the recent Women & Automotive Canadian Leadership Forum in Toronto. Next up is Beth Worthington, chief people and culture officer at TRADER Corp. The full discussion can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You […] [Read More]