How contract holders in your auto finance portfolio make future payments continues to be an evolving topic, as a recent survey conducted by Viewpost showed. Viewpost, a network for invoicing, payments and cash management, produced a survey of American consumers covering the future of payments and key issues around awareness of payment technologies, as well […] [Read More]

As part of a broad company-wide campaign, KAR Auction Services has released its first wave of product and service offerings that integrate the company’s diverse operational capabilities with the TradeRev digital mobile marketplace. KAR is currently leveraging its whole car and salvage auctions, floorplan financing, transportation services and data analytical insights to enhance TradeRev’s mobile […] [Read More]

I’m a fan of an underrated comedy, and one that I’ll stop and watch almost any time it’s on cable is “This is 40.” Part of why the movie works is because its two co-stars, Leslie Mann and Paul Rudd, are seemingly “ordinary” folks. Each of them seem like the next-door type, both in this movie […] [Read More]

When you want to buy a song or album, you might first think “iTunes.” When a car shopper begins his or her purchase journey, Langley Steinert and crew want that consumer to think “CarGurus.” The company that Steinert founded in 2006 has 23 million unique monthly users coming to its website each month and over 22,000 […] [Read More]

Hireology is looking to help dealerships slow the costly churn of employees being added and subtracted from their workforce. Officials from the hiring and talent management platform are working in partnership with Cox Automotive and the National Automobile Dealers Association to host a retail automotive human capital management summit called Elevate. Intended for general managers, […] [Read More]

The International Automotive Remarketers Alliance is currently gearing up for its 16th annual Summer Remarketing Roundtable series beginning on Aug. 16 in Nashville, Tenn.  The roundtable is titled, “The Voice of Consignors” and will feature four unique sessions. This year’s series of sessions include Trends in Automotive Logistics, Auto Mechanics 101, Retail Remarketing Trends and […] [Read More]

Carvana has brought its used-car buying platform to Detroit, the company announced on Wednesday. Detroit-area car buyers can now search through vehicle inventory, finance a purchase and schedule home delivery all on Carvana.com. “Detroit loves cars, and so do we, so we’re excited to be a part of the community and give residents their Saturdays back,” […] [Read More]

Online car retailer Shift has landed a $38 million round of Series C funding led by BMW iVentures. Making the announcement on Wednesday morning, Shift said the round also included new investors DCM Ventures and G2VP, and previous investors DFJ, Highland Capital and Goldman Sachs Investment Partners. BMW iVentures partner Christian Noske is now on Shift’s board […] [Read More]

Well, the clock now is officially running with regard to the Consumer Financial Protection Bureau’s final rule prohibiting the use of class action waivers in arbitration clauses. The rule appeared in the Federal Register on Wednesday, meaning that barring a literal act of Congress, this regulation is effective on Sept. 18. While the industry certainly […] [Read More]

Used-vehicle service contract and related finance and insurance product provider GWC Warranty has released Dealer Portal 2.1 — the latest batch of enhancements to GWC’s online dealer resource center. The company highlighted Dealer Portal 2.1 contains a series of new features and enhancements designed to showcase the powerful Dealer Portal capabilities beyond e-contracting functionality. The […] [Read More]