At the upcoming Auto Intel Summit in April, Cherokee Media Group is launching the Automotive Intelligence Awards, which expands the program previously known as the Emerging 8. This expanded program will feature analysts, researchers, and leaders who are advancing business intelligence for the automotive industry as well as emerging companies and entrepreneurs charging forward to […] [Read More]

Glenview Finance made a couple of moves this week to reinforce its market position; one associated with personnel and the other with technology. Along with bringing aboard a new vice president of business development who previously spent nine years with Wells Fargo, Glenview Finance said its Credit Builder Program is now accessible on the RouteOne […] [Read More]

Vitu, a leading innovator in vehicle-to-government (V2Gov) technology, announced this week that it has successfully closed on its acquisition of the Dealertrack registration and titling businesses from Cox Automotive. Through a development first revealed just before Thanksgiving, the acquired businesses include RTS (Registration and Titling Solutions), RegUSA (Nationwide Title and Registration), Accelerated Title, and CMS […] [Read More]

Reynolds and Reynolds and UVeye are getting together to increase transparency in dealership service departments. The companies are partnering to integrate their technology, allowing service advisors at dealerships using a Reynolds Retail Management System and equipped with UVeye’s AI-powered vehicle inspection technology to approach guests with actionable information. “The ability to provide customers with a […] [Read More]

The National Auto Auction Association’s newest safety training program is up and running. NAAA announced its revamped NAAA Safety Training is now available, with 10 new live-action video courses replacing the previous animated video courses. That includes a “Driver & Lot Safety” course tailored for drivers. In addition to those 10 videos, NAAA has launched […] [Read More]

Car dealers have been slow to learn about and use artificial intelligence and predictive data in their businesses, according to a new survey commissioned by inventory management platform Lotlinx. The online survey of more than 2,500 dealers across the U.S., conducted last month, shows a gap in the auto retail industry’s ability to effectively use […] [Read More]

Cox Automotive has doubled down on its Fleet Services business. The automotive giant, which acquired a majority stake in what was then Dickinson Fleet Services in 2020, has purchased the rest of the company from minority owners Mike Dickinson and Ted Coltrain. “This acquisition represents our steadfast commitment to the fleet industry and the opportunity […] [Read More]

Total bankruptcies in 2024 rose 14% year-over-year, but experts put the data into perspective. According to data provided by Epiq AACER, total bankruptcy filings last year came in at 508,758. That’s up from 445,286 registered in 2023. While representing a substantial year-over-year increase, experts pointed out that total bankruptcy filings remain lower than the pre-pandemic […] [Read More]

Two award-winning service providers that offer location tracking services and vehicle monitoring for dealerships and finance companies now are working together. This week, TrueSpot and PassTime announced a strategic partnership aimed at revolutionizing asset management and location tracking for the automotive industry. According to a news release, this collaboration brings together TrueSpot’s multi-patented  AQFind Location […] [Read More]

An executive whose career includes time with DriveTime Automotive and Capital One now is with Flagship Credit Acceptance. Continuing a string of industry executive moves to begin the year, Flagship Credit Acceptance on Wednesday appointed Matthew Long to be its chief risk officer. An executive with more than 25 years of automotive financing experience, Long […] [Read More]