In this episode, Libby Murad-Patel of Jumpstart Automotive Media talks about the intricacies of consumer interest in crossovers and SUVs and how those are reflected in the used-car market. Plus, she explains the opportunities the auto industry has with "influencer marketing" and the best strategies to take advantage. The full discussion can be found below. Download and […] [Read More]

Hertz is ramping up its rental service offerings, which includes the chance of to win a special edition Chevrolet Corvette. The company on Wednesday announced the launch of Hertz+, a new platform that can give customers access to more than 130,000 curated and unique experiences globally, including exclusive events, travel opportunities and more. To celebrate […] [Read More]

Exactly one year ago, Fair made its debut in the Apple App Store. Flash forward to Wednesday, the used-vehicle subscription company announced it has seen 40 percent month-over-month customer growth for the last two quarters, while also noting a few other growth milestones. Fair, which initially launched in Los Angeles, says it now has more […] [Read More]

Only three states posted 60-day delinquency rates above 1 percent during the second quarter, according to Experian’s State of the Automotive Finance Market report. Overall, analysts found that 60-day delinquencies dropped by 3 basis points year-over-year, settling at 0.64 percent during Q2. The top 10 states for delinquency all generated readings above the overall industry […] [Read More]

Avis Budget Group is looking to be at the forefront of technology involving the rental and remarketing arenas, so it joined another association on Wednesday. Avis Budget Group announced it has become a member of The Internet of Things Consortium (IoTC). The company has joined the consortium given the critical role that IoT technologies are […] [Read More]

An executive who has held posts with Hearst Autos, CarMax, ADESA, Manheim and Dealertrack now is a part of The Appraisal Lane, a mobile app-based community connecting dealers with valuation experts and buyers to receive cash offers on used inventory, This week, The Appraisal Lane hired Jordan Walters as its new director of enterprise and […] [Read More]

Of course, auto finance companies want their customers to send payments as dictated by the agreement finalized at delivery. But the latest survey from BillingTree showed that providers realize how they can help their contract holders maintain monthly commitments is changing. BillingTree recently announced the key findings of its 2018 Financial Services Operations and Technology […] [Read More]

Attorneys general are continuing to implore the Consumer Financial Protection Bureau to be an aggressive regulator. Through a letter delivered on Wednesday, New York attorney general Barbara Underwood — part of a coalition of 14 AGs — called on the CFPB and acting director Mick Mulvaney to continue protecting the rights of consumers against credit […] [Read More]

Equifax is looking to help banks navigate one of the most complicated accounting changes ever instituted. On Wednesday, Equifax unveiled its SmartReserve offering to help banks and financial institutions registered with the Securities and Exchange Commission meet the new Current Expected Credit Loss (CECL) standards ahead of the deadline that’s set for the first quarter of […] [Read More]

Group 1 Automotive has added a former Deloitte executive to its board of directors, bringing the total number of board members up to 10. The retailer announced Wednesday that joining its board effective immediately is Anne Taylor, who worked for Deloitte in such roles as its first chief strategy officer, managing partner of the Houston […] [Read More]