ACV Auctions has brought aboard a new company chief financial officer and chief corporate development officer. The company announced Wednesday that it has named Matthew George to serve as CFO and Craig Anderson to serve as chief corporate development officer. “We have achieved a tremendous amount in a few years,”ACV Auctions chief executive officer George Chamoun […] [Read More]

The RAM 3500 has the best resale value in the industry, according to J.D. Power, who released its 2018 J.D. Power Resale Value Awards this week.  On Wednesday, J.D. Power recognized mass market and luxury models for best resale value across 24 model-level vehicle segments. While the RAM 3500 received the highest honor for best resale value this […] [Read More]

It might only be August, but the American Recovery Association (ARA) already has April on its radar. ARA in conjunction with headline sponsor, Harding Brooks Insurance, announced the theme, secured keynote speakers and early bird registration details for the 11th annual North American Repossessors Summit, which is set to take place at the Omni Mandalay […] [Read More]

For consumers who needed a subprime auto finance company to accept their application because of a soft credit profile, Merchant Partners and Acima Credit are collaborating to assist those same individuals who encounter financial hardship stemming from vehicle repair. The partnership revealed this week combines the technological prowess of Merchant Partners — owner of a […] [Read More]

Finance companies that use the defi SOLUTIONS platform now have additional tools to combat fraud. PointPredictive, a leading provider of machine learning fraud and misrepresentation solutions, announced on Wednesday that its Auto Fraud Manager 2.0 and DealerTrace 2.0 solutions are immediately available for production use by all defi SOLUTIONS customers. “PointPredictive is one of our […] [Read More]

TransUnion is leveraging a relationship with one of its strategic partners to cater to consumers who expect results — like the availability of auto financing — to appear within a few swipes on a smartphone. To meet the evolving needs of consumers, TransUnion recently launched Mobile Offers Now, a solution designed to help financial institutions […] [Read More]

In an effort to help drive the adoption of homeless dogs into loving homes on National Dog Day, Autotrader has introduced a special-edition website for a limited time in partnership with Adopt-a-Pet.com called Dogtrader.com. The new site marks the brand’s fifth consecutive year of celebrating National Dog Day, coming up this Sunday.  In addition to being able to […] [Read More]

Basic mathematics says that five times any number except zero can result in a significant figure. While five times one equals five, five times 500 equals 2,500. And five times … OK, let’s not have to retrieve the calculator on your smartphone. However, Black Book executive vice president of operations Anil Goyal broke out the […] [Read More]

When it comes to vehicle interests — like peoples’ tastes in almost anything — it can vary depending on their age at the time. Amid a market filled with a plethora of various car types and brands to choose from, CarMax recently gathered insights from its own customers for a study looking into which cars are most popular among […] [Read More]

The certified pre-owned vehicle market reached a major milestone in the second quarter and “moved past the 700,000 threshold for the first time,” according to a report released Tuesday by Edmunds. Specifically, there were 711,270 CPO vehicle sales during the quarter, beating year-ago figures by 2.5 percent, Edmunds said in its latest Used Car Report. Separately, the […] [Read More]