The auto financing process certainly has evolved significantly for the days of paper faxes, but Equifax emphasized that pre-approvals and credit checks remain a critical component of the automotive shopping process. Equifax unveiled additional analysis in its ongoing study of consumer credit and shopping trends with the goal of gaining a better understanding of how […] [Read More]

An Ann Arbor, Mich.- based startup building self-driving vehicles launched a new partnership in the heart of downtown Detroit to start transporting passengers in electric-powered shuttles among other cars, cyclists and pedestrians Wednesday. Following a successful pilot run of its electric self-driving vehicles on streets of the Motor City, May Mobility announced Tuesday that it has partnered […] [Read More]

Roadster has more than doubled its funding. The dealership commerce solutions provider said Wednesday it has secured $15 million of funding in a round led by existing investor Costanoa Ventures, bringing its total money raised to nearly $30 million. Roadster plans to use the funds to continue scaling operations, expand field and sales teams, give its […] [Read More]

This year’s Cars.com ranking of the “most-American” vehicles is once again led by Jeep. While the Jeep Wrangler took home last year’s top spot on the American-Made Index, this year sits the Belvidere, Ill.-manufactured Jeep Cherokee, which has advanced up from the second spot it held last year. Interestingly this year, the fifth-ranked Chevrolet Volt, that […] [Read More]

Maryann Keller — who will be among the keynote speakers at the Automotive Intelligence Summit next month in Raleigh, N.C. — has joined the advisory board of transportation-focused venture capital firm Autotech Ventures, according to an announcement distributed on Tuesday. Autotech Ventures launched its first $120 million fund focusing on investing in ground transportation startups […] [Read More]

Alan Mulally, who was Ford Motor Co.’s president and chief executive officer from 2006 to 2014, will be a keynote speaker at the National Auto Auction Association’s annual convention in November, the trade group said Tuesday. Mulally’s keynote presentation will be during NAAA’s opening luncheon Nov. 14, and it will be followed by a moderated […] [Read More]

With the Fourth of July holiday within striking distance, Black Book is seeing typical depreciation patterns common for this time of year. Editors noted in this week’s Black Book Market Insights report that overall depreciation remained in check as prices for a handful of car and truck segments were unchanged or even increased a little. […] [Read More]

The Washington Post recently honored Carfax with its fifth consecutive Top Workplace award, which recognizes Washington, D.C.-area companies with the highest ratings from their employees. The company announced Monday that it is one of just 11 mid-size companies to receive the annual award a total of five consecutive times. In addition to Carfax, among the total 150 […] [Read More]

Platinum Auto Finance recently made a series of strategic moves, including an expansion in markets near its base in Florida while closing one of its facilities in North Carolina. The expansion portion of the subprime auto finance company’s strategy involves increasing its sales presence in key markets in Florida and expanding its customer service team […] [Read More]

CarSoup.com has integrated fresh multi-touch attribution technology in an effort to help dealers verify which particular marketing sources are helping them move metal on the site. The company announced Monday that dealers can get an increased holistic view of how their vehicles sell on the site via Clarivoy’s Attribution API software. CarSoup is a national […] [Read More]