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J.D. Power research reinforces bind of EV owners to OEM apps
Wednesday, May. 29, 2024, 03:54 PM
Auto Remarketing Staff
We can use smartphone apps to listen to music, track our spending and waistlines and reconnect with family and friends. And J.D. Power said electric vehicle owners are leaning more on apps than ever. Researchers shared on Wednesday that usage of manufacturers’ mobile apps continues to increase as 90% of EV owners say they use […] [Read More]
Former KBB publisher Bob Kelley passes away at 96
Wednesday, May. 29, 2024, 03:52 PM
Auto Remarketing Staff
Former Kelley Blue Book publisher Bob Kelley, whose family founded the vehicle guide in 1926, died Tuesday at 96 in Indian Wells, Calif., according to an obituary shared by son-in-law Charlie Vogelheim. Kelley began his auto career at the family’s dealership, Kelley Kar Company, which along with KBB, was founded by his uncle Les Kelley […] [Read More]
Lane watch: Current trends ‘aren’t one size fits all’
Wednesday, May. 29, 2024, 02:57 PM
Auto Remarketing Staff
Black Book’s latest installment of Market Insights approached both wholesale and retail perspectives since dealers are amid holiday weekend sales campaigns and looking to close May on a positive note. During the week that closed two days before Memorial Day, Black Book watched wholesale values soften another 0.15%, which was 9 basis points less than […] [Read More]
Cars getting less colorful, study shows
Wednesday, May. 29, 2024, 12:58 PM
Auto Remarketing Staff
We tend to think of the past as black and white, while the present shines in living color. When it comes to cars, though, that trend is heading in the opposite direction. Grayscale colors (white, black, gray and silver) are not only by far the most popular hues for cars, that popularity continues to grow, […] [Read More]
CARFAX data shows 6.4 million vehicles with Takata airbags still on the road
Wednesday, May. 29, 2024, 12:55 PM
Auto Remarketing Staff
It’s been 10 years since the National Highway Traffic Safety Administration issued its first recall of airbags manufactured by the Takata Corporation. But that doesn’t mean they’re all gone. According to data from CARFAX, more than 6.4 million vehicles equipped with those potentially deadly airbags are still on the road. And according to CARFAX’s vehicle […] [Read More]
Next Weltman webinar to focus on how bankruptcy impacts collateral recovery
Wednesday, May. 29, 2024, 12:01 PM
SubPrime Auto Finance News Staff
Webinars hosted by Weltman, Weinberg & Reis are designed to deliver year-round educational content, specific to creditors’ rights throughout numerous focus areas. The next one in the series titled, “Coffee With Casey,” features shareholder and the firm’s Chicago office managing attorney Casey Hicks along with shareholder and bankruptcy group chair Scott Fink. The experts plan […] [Read More]
Solutions by Text lands $110M growth round led by Edison Partners & StepStone Group
Wednesday, May. 29, 2024, 12:00 PM
Auto Fin Journal Staff
Investors are bullish about text messaging. Solutions by Text (SBT), a platform for compliance-first messaging and payments, on Wednesday announced the raising of $110 million in new growth financing. According to a news release, growth equity investment firm Edison Partners co-led the transaction with StepStone Group, a global private markets investment firm. Stifel Venture Bank, […] [Read More]
Report: 90% of organizations experienced an identity-related incident in the last year
Wednesday, May. 29, 2024, 11:59 AM
Auto Fin Journal Staff
This week, the Identity Defined Security Alliance (IDSA) released its 2024 Trends in Identity Security Report, which is based on an online survey of more than 520 identity and security professionals from organizations with more than 1,000 employees. The nonprofit that provides vendor-neutral resources to help organizations reduce the risk of a breach by combining […] [Read More]
Solifi unveils SaaS offering for ESG in automotive finance
Wednesday, May. 29, 2024, 11:58 AM
Auto Fin Journal Staff
Solifi recently launched ESG Portfolio Strategist as the latest application in its product suite. Enabling automotive finance companies to operationalize environmental, social, and governance (ESG) strategy within their existing leasing workflow, the global fintech software partner for secured finance said ESG Portfolio Strategist can enable ESG compliance and strategy execution and can support the company […] [Read More]
Longtime Cox expert joins F&I Sentinel as chief product officer
Wednesday, May. 29, 2024, 11:57 AM
SubPrime Auto Finance News Staff
The blending of former Cox Automotive resources at F&I Sentinel continued Wednesday, this time on the personnel front. The risk-management solutions provider for F&I products in the automotive finance industry announced that Kat Venner-Fowler has joined the company as chief product officer. According to a news release, Venner-Fowler will lead F&I Sentinel’s product team, overseeing […] [Read More]
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