On Tuesday, Fiserv finalized a partnership with TransUnion to improve price, decision accuracy and expand the customer base within the automotive finance space. Officials highlighted integrating the automotive loan origination system from Fiserv with CreditVision Link from TransUnion will help increase precision of scoring and risk modeling. By including additional data points to evaluate credit […] [Read More]

Cox Automotive filed a lawsuit Monday against CDK Global for what it says are “ongoing antitrust and unlawful competition violations,” in addition to other claims. The suit was filed in the U.S. District Court for the Western District of Wisconsin. The suit claims CDK and The Reynolds and Reynolds Company — which Cox Automotive said […] [Read More]

Gubagoo recently announced that it has partnered with GForces to make the company the new exclusive U.K. reseller of its automotive dealer live chat, text and video solutions. The GForces NetDirector platform and software suite powers thousands of automotive websites, connecting over one billion car buying interactions across the globe according to Gubagoo. “GForces is Europe’s […] [Read More]

The Orange County Register recently named AutoGravity, Experian and Lexus of Westminster three of its 2017 Top Workplace award winners. AutoGravity announced that it has made it onto the annual list of 140 top companies in Orange County, Calif., for the second year in a row. “Over the past year, Team AutoGravity has doubled in size to over […] [Read More]

What has been a staple of its used-vehicle analysis in the United States is now coming to Canada. As Black Book has compiled in the U.S., Canadian Black Book announced today the release of its first Used Vehicle Retention Index for Canada. Editors highlighted the index will serve to offer what they called “unbiased and […] [Read More]

Global fleet logistics company Transfercar has rolled out new rental fleet relocation services in Chicago, Boston and Minneapolis that offers drivers free one-way car rentals. In an effort to align rental car companies fleet relocation needs with consumer travel requirements, Transfercar is working with various agencies to relocate their inventory via consumers rather than depend on […] [Read More]

Online car-buying company Fastlane said Friday it has secured $1.5 million in seed funding in an investment round led by Eagle Venture Fund. Fastlane provides consumers with an ecommerce platform that lets them buy directly from dealer websites or in store, providing what it calls an “Amazon-like checkout experience.” Based in Dallas, Fastlane provides ecommerce […] [Read More]

Among seven executive changes made by Toyota across its North American operations, two involve top leaders at the automaker’s captive finance company. Effective Jan. 1, the company said in a recent announcement that Scott Cooke will be group vice president and chief risk officer at Toyota Financial Services (TFS), where he will have responsibility for […] [Read More]

Jessica Stafford is now the new senior vice president and general manager for Autotrader, parent company Cox Automotive announced Monday. And in her new post, Stafford will be leading Autotrader through a “dramatic transformation” in 2018, she said by phone last week. It’s a revamp that will aim to offer “an even better experience” for […] [Read More]

RMS Automotive recently announced it took home the inaugural Car Remarketing Award at the Fleet Europe Remarketing Forum in Estoril, Portugal. Senior director of RMS Automotive European sales and marketing Sebastian Fuchs accepted the prize during the awards ceremony at the end of the forum organized by Nexus Communications. The company was recognized for “the innovative character of […] [Read More]