A new report recently released by White Clarke Group explored the most important global issues facing the auto finance industry. Two challenges became clear when the firm reached out to top company executives. White Clarke Group’s Global Auto and Equipment Finance Report 2018 revealed that industry executives rank digitalization as one of the most important […] [Read More]

This week, White Clarke Group released its annual Global Leasing Report; a thorough guide to the world’s top 50 leasing markets. Group chief executive officer and report author Brendan Gleeson highlighted that the newest installment revealed a “confident” industry outlook, with the top 50 countries in 2016 reporting growth in new business volume of 9.40 […] [Read More]

More collaboration developed in an effort to enhance the efficiency — and compliance — involving vehicle repossessions and recoveries. Allied Finance Adjusters (AFA) and Vendor Transparency Solutions (VTS) recently entered into an exclusive joint venture agreement that executives say will add value to both members of AFA, subscribers of VTS and the clients utilizing the […] [Read More]

Axis Auto Finance has signed a share purchase agreement to buy subprime finance company Trend Financial, the company announced late Tuesday afternoon. It’s a move that doubles the Axis portfolio — putting its net finance assets to roughly $110 million — and brings its “largest director competitor” into the fold, says the company’s president. Additionally, […] [Read More]

Hyundai Motor America announced Wednesday that it has begun launching vehicles for sale on Carfax Used Car Listings. Along with access to a free Carfax Report with every Hyundai Certified and non-certified vehicle, online shoppers who visit Carfax.com can now choose to see only Hyundai CPO vehicles in their search results. “Our certified program has grown significantly […] [Read More]

Online auto marketplace CarGurus rolled out three new TV advertising spots Wednesday to launch its second mass-media brand campaign. The three 30-second TV spots to kick off the “Everything You Need to Know”  campaign are airing on broadcast and cable networks, and coincide with national YouTube, Facebook and digital marketing efforts, CarGurus said in a […] [Read More]

Liquid Motors announced Wednesday a new partnership with MyDealerOnline to allow customers using Liquid Motors’ auto remarketing solutions to include their vehicles on dealer’s websites that leverage MyDealerOnline’s product. The companies completed integration in January. When a consumer contacts the dealer to buy a vehicle listed on a MyDealerOnline powered site, the dealer is now […] [Read More]

Carvana announced Wednesday that it has grown its Golden State footprint to include San Diego used-car shoppers. Customers in the city can now join Los Angeles residents who can shop Carvana’s more than 10,000 vehicles and schedule as-soon-as-next-day vehicle delivery. “There are so many things the people of San Diego could be doing on a Saturday […] [Read More]

KAR Auction Services chairman and chief executive officer Jim Hallett has won the Ed Bobit Industry Icon Award, which is presented by IARA and NAAA.   This honor was announced Tuesday afternoon during the Conference of Automotive Remarketing in Las Vegas. Tim Meta and Tony Long of IARA along with Frank Hackett and Warren Clauss […] [Read More]

Former Kelley Blue Book and Autotrader executive Rick Wainschel is now the vice president of analytics at global marketing company Epsilon. Wainschel, who joined the company the week of Feb. 19, will head up analytics strategies designed to provide strategic consulting and optimize consumer outreach for Epsilon’s automotive clients, a company spokesperson said via email. […] [Read More]