Technology Hyundai is already deploying in South Korea with its financial services enterprises might be a preview of what the OEM eventually brings to the United States. During IBM Think, Hyundai Card and Hyundai Commercial, financial services subsidiaries of Hyundai and Kia Motors, announced they are working with IBM to advance their use of cloud-based […] [Read More]

Here’s an example of how search engine optimization helped a vehicle-subscription app quickly cultivate a store-leading following. AutoMotion announced on Wednesday that its Car Subscription app achieved initial consumer adoption, ranking in the top spot for car subscription shopping terms in the Apple App Store. AutoMotion also highlighted consumer reception has been positive, with the […] [Read More]

GBG, a U.K.-headquartered identity data intelligence specialist, recently announced that it has conditionally agreed to acquire IDology, a U.S.-based provider of identity verification and fraud prevention services. The company said the all-cash transaction is for $300 million. IDology is a fast-growing provider of identity verification services that is designed to help remove friction both in […] [Read More]

This week, Kroll Bond Rating Agency (KBRA) released its auto loan indices for of January, highlighting that credit performance was mixed across securitized auto loan pools. Analysts noted that annualized net losses in KBRA’s Prime Auto Loan Index for January fell 1 basis point month-over-month to 0.69 percent, while 60-plus-day delinquencies rose 2 basis points […] [Read More]

Santander Consumer USA and Chrysler Capital are set to give away some valuable paper in hopes of getting more customers in their portfolios to adopt its paperless billing option. This month, Santander Consumer USA and Chrysler Capital rolled out a campaign where they are offering eligible customers who sign up for paperless statements as of […] [Read More]

When purchasing a vehicle, buyers would be wise to consider typical ownership costs to see the out-of-pocket expenses they will incur beyond the initial purchase price. Kelley Blue Book took that into account in naming its 2019 5-Year Cost to Own Award winners, recognizing new vehicles with the lowest projected ownership costs. Subaru and Lexus […] [Read More]

Certified pre-owned and compliance, created conversation; technology and technicians were trending topics and mobility matters — a lot. These things were borne out when well-respected movers and shakers in retail and wholesale automotive gathered here in November for Used Car Week. Here are snapshots of some of the panel discussions that took place during the […] [Read More]

Coming on the heels of a notable anniversary, Credit Union Leasing of America decided to refresh its look. On Wednesday, the provider of indirect vehicle leasing programs for credit unions, unveiled a new logo, website design and other brand elements all in an effort to reflect a modernized approach that emphasizes the benefits indirect vehicle leasing can […] [Read More]

Vehicles continue to improve in the area of dependability. That’s according to a new J.D. Power study. “But I wouldn’t say that everything is rosy,” Dave Sargent, vice president of global automotive at J.D. Power, said in a news release. At first glance, some of the study results appear pretty rosy. Overall dependability for 3-year-old […] [Read More]

Auto Financial Group, one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, enjoyed more client signings during the fourth quarter. During the quarter, AFG said it signed a total of seven new credit unions and six institutions agreed to join the AFG Balloon Lending Program. According to a […] [Read More]