Both Carfax and Edmunds recently received recognition for the quality of their workplaces. For the eighth time in a row, Carfax is a Great Place to Work in the D.C. area, according to Washingtonian. It’s the first instance a company has earned that level of recognition that many times on the publication’s biennial list of […] [Read More]

DealersLink introduced recently “Six Steps for Dealers to Get Their Cars to the Digital Front Line,”  a free ebook currently available for download that offers tips to dealers on how to get inventory online timely. The company said the ebook aims to direct dealers interested in reducing average turn time. “We have the data that shows […] [Read More]

National Auto Care and RoadVantage each announced this week that executives with nearly 45 years of combined experience joined their management team. National Auto Care, an administrator of vehicle service contracts and ancillary products including the CarMark Certified Pre-Owned Program, appointed Steve Verney as the company’s chief financial officer, leading the finance, accounting and reinsurance […] [Read More]

This week, defi SOLUTIONS rolled out its newest product offering defi SERVICING, a loan management and servicing system (LMS) along with an opportunity for auto finance companies to shape their roadmap for 2017. The company highlighted the defi SERVICING LMS can give finance companies the same configurability and control that the defi LOS (loan origination […] [Read More]

That rectangular block of social media apps, text messages and podcasts you carry in your front pocket? It may fit in the palm of your hand, but it’s one of the most powerful tools in car-buying today. Forty-six percent of online auto shopping activity is done through the smartphone, according to results of a December […] [Read More]

Canadian tech startup TradeRev introduced two new plans for dealers this month, including a subscription-based service crafted just for high-volume users and works to streamline the resale process. The mobile car auction app provider said it wanted to two different plan options for its dealer clients because its user base has expanded to 3,000 plus […] [Read More]

Shift Technologies said Thursday it has named Toby Russell president of the San Francisco-based online used-car marketplace. Russell joined the company in November 2015 after working for Capital One as managing vice president of digital, and has been one of its key leaders.  Russell also co-founded Taxi Magic alongside Shift chief executive officer George Arison.  “Toby […] [Read More]

Southeastern Auto Auction of Savannah announced that it raised more than $4,000 to give Shriners Hospital for Children and hosted its annual “Cars, Cash & Caring Sale” earlier this month. “It was a great day for Shriners Hospital for Children thanks to our generous dealers,” Southeastern Auto Auction vice president Bill McCready said in a […] [Read More]

This week, Interstate Title Solutions (ITS) joined with the National Independent Automobile Dealers Association as its newest National Member Benefit partner, offering NIADA members discounted access to its out-of-state tax, title and registration tool. DMV Nationwide, a web-based tool paired with managed service, was designed specifically in response to the challenges dealers experience while making […] [Read More]

Two legal experts told SubPrime Auto Finance News that they were not surprised when the U.S. Court of Appeals for the District of Columbia Circuit last week granted a rehearing request for a case involving the Consumer Financial Protection Bureau. Still, both Hudson Cook chairman Michael Benoit and Terry O’Loughlin, who is the director of […] [Read More]