Auto finance has become more digitized in recent years. It’s something Wolters Kluwer tracks quarterly. But there is still plenty of paper making the rounds, including checks. It’s part of the reason why three federal bank regulatory agencies this week announced a request for comment on potential actions to help consumers, businesses, and financial institutions […] [Read More]

Yotta Automated Software Solutions (YASSI), a provider of live vehicle and title data intelligence for the vehicle, lending and insurance industries, welcomed Anne Ferro to its board of directors this week. Ferro possesses more than three decades of leadership experience in public sector innovation, motor vehicle safety, and regulatory governance. She most recently served as […] [Read More]

This week, Ascent Dealer Services announced the appointment of James Mercer as vice president of sales for the provider of F&I solutions. Mercer brings nearly 20 years of experience in the automotive insurance sector. Most recently, he served as divisional sales director at Protective, one of the largest automotive insurance companies in the country, where […] [Read More]

Coinciding with Canada’s Used Car Week, EBlock on Wednesday announced the opening of its new auction facility in Halifax, Nova Scotia, along with plans for a similar site in Edmonton, Alberta. The company highlighted this strategic expansion underscores EBlock’s commitment to its “Canada-first” strategy and its vision of blending traditional auction methods with cutting-edge digital […] [Read More]

Clarivoy has more data for dealerships to consider when examining their advertising effectiveness. The company that specializes in multi-touch sales attribution and advanced identity resolution for automotive on Tuesday announced the launch of its exclusive new metric: Marketplace Visit Attribution (MVA). Through strategic partnerships with leading automotive marketplaces, including Autotrader, Cars.com, CarGurus, and Edmunds, and […] [Read More]

Here’s another relationship designed to put more charge into the electric-vehicle space. The American Center for Mobility, VicOne, and Block Harbor have entered a memorandum of understanding (MOU) to offer security services around electric vehicle charging as part of ACM’s mission to enable safe, sustainable, and secure mobility technologies. The organizations said the security of […] [Read More]

Along with highlighting a continued decrease in wholesale prices and a sagging auction conversion rate, Black Book’s newest Market Insights released on Tuesday pinpointed six specific vehicle segments that made the most significant value moves in the lanes last week. Overall, Black Book reported wholesale prices declined 0.47%. And analysts said bidding activity also slowed […] [Read More]

Asbury Automotive Group opened the path for Vaughan Automotive to enter California. According to a news release from The Presidio Group that helped to facilitate the transaction, Asbury on Monday closed its sale of a Toyota dealership and related real estate and business operations located in Lemon Grove, Calif. Asbury purchased the Toyota dealership as […] [Read More]

If you follow the news, you’ve probably heard a lot of negative talk lately about the health of the American economy. Tariff threats, trade wars, cuts in government spending, layoffs in both public and private sectors and investment market turmoil have many experts wondering if we’re headed for a recession — or something worse. This […] [Read More]

The 20th annual American-Made Index (AMI) generated by Cars.com took even more significance amid the maelstrom the automotive industry faced this spring from the Trump administration’s tariff negotiations and policy enactments. Coupled with inflationary pressures, analysts highlighted this year’s index reflects growing consumer urgency to understand one thing: Where is this car made? Cars.com experts […] [Read More]