Former Ford Motor Co. executive David Mondragon has joined the board of Spiffy as an independent director, the automotive technology and mobile service provider said Thursday. Mondragon spent more than 30 years at Ford, including time as Ford Canada president and CEO as well as executive director of U.S. sales and marketing. His appointment to […] [Read More]

Being about a month ahead of schedule often is a good thing, like completing an expensive or long-term project. Evidently, the wholesale market might be that far ahead of schedule, too. Black Book explained the situation in this week’s installment of Market Insights. “The market had another impressive week,” analysts said in the report that […] [Read More]

Rivian believes thinking small has big potential, and is spinning off a company to prove it. The electric vehicle manufacturer announced the creation of Also, Inc., a spinoff of Rivian’s micromobility business that will focus on small, lightweight vehicles designed to “meet the global mobility transportation challenges of today and tomorrow.” Rivian retains a “substantial” […] [Read More]

Flexcar has expanded several times since its launch in 2021, but its latest expansion is not about new markets – it’s about new inventory. The month-to-month flexible car lease company announced its fleet has grown to more than 150 vehicle models its customers can choose from. Flexcar said the milestone reinforces its commitment to “maximizing […] [Read More]

Technology has become an indispensable part of the auto industry, and its scope continues to grow with the rise of artificial intelligence and other innovations. But with that growth comes the growth of cybersecurity threats. Automotive cybersecurity firm VicOne explored those threats, along with trends, predictions and recommendations, in Shifting Gears: VicOne 2025 Automotive Cybersecurity […] [Read More]

A former Tekion leader wants to use artificial intelligence to help dealers, service providers and OEMs find qualified future employees. This week, Interactive EQ launched Auto IEQ, which is an AI-based talent assessment platform custom built for auto-industry needs. Designed for recruiters, internal HR teams, and hiring managers, Auto IEQ can measure candidate and employee […] [Read More]

Experts see that the debt collection industry is undergoing a technology-driven transformation as businesses shift toward automation, artificial intelligence, and predictive analytics to improve recovery rates and streamline operations. Reinforcing those assertions, a new Kaplan Group study revealed that the debt collection software market is projected to expand from $4.92 billion in 2023 to $8.79 […] [Read More]

The auto industry has long been plagued by the persistent issue of fraud, especially with used vehicle transactions. For years, auto dealers and their lender partners have been hesitant to acquire used inventory directly from private sellers in the private marketplace. This reluctance stemmed from the lack of access to robust identity verification and fraud […] [Read More]

Revealed about a week after the launch of Transcend AI Labs that’s designed to empower automotive and equipment OEMs, dealerships and financiers with artificial intelligence-driven innovation, NETSOL Technologies appointed Dario Morelli as vice president of artificial intelligence. Based in the United Kingdom, Morelli will lead NETSOL’s Transcend AI Labs, reinforcing the company’s commitment to advancing […] [Read More]

Experian on Tuesday launched Cashflow Score in a move to help lenders more easily leverage consumer-permissioned transaction data The company highlighted this solution is its latest product that may be used to make underwriting decisions because it can provides up to a 25% lift in predictive performance when compared to conventional credit scores. Experian explained […] [Read More]