DataScan announced on Monday that Hyundai Capital America has adopted RiskGauge to strengthen risk oversight and improve operational efficiency across its national dealer network. By leveraging RiskGauge’s advanced inventory risk technology and daily collateral monitoring, the provider of inventory risk management solutions for dealer commercial lenders said HCA gains real-time visibility into its floorplan portfolio, […] [Read More]

Equifax reported earlier this year that consumer debt in auto loans and leases has surpassed $1.7 trillion, exceeding credit card and student loan debt. Equifax also said delinquencies have increased by 7% year-over-year, reaching a three-year high. It’s trends like those that are part of the reason why Automotive Ventures invested in Loanbridge, which offers […] [Read More]

EDITOR’S NOTE: This story is part of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media Group’s senior editors — who are significantly shaping the future of the used-car industry. This […] [Read More]

Electrified vehicles — including the battery-electric, plug-in hybrid electric and hybrid electric segments — made up nearly a quarter of all new-car sales in the U.S. during the first quarter, and their overall sales were up nearly 30% year-over-year. That’s according to the latest quarterly Electrified Vehicle Retail Sales Report from Urban Science. The report […] [Read More]

Almost since it was invented, the car has been a symbol of freedom, allowing its owner to hop in and go where he or she pleases. But according to the latest benchmark study from car-sharing marketplace Turo, that perception might be shifting. Turo said its fourth annual Car Ownership Index shows Canadians’ views on car […] [Read More]

There’s nothing better than that new-car smell – unless it’s the aroma of a freshly-baked pizza. So, what if you could get that tantalizing scent in your car even when you’re not bringing a pizza home? Well, you can do just that thanks to HGreg. In honor of La Pizza Week Canada, which runs through […] [Read More]

In the very near future, your Uber driver might be … the car itself. Uber Technologies has joined in a strategic partnership with autonomous vehicle technology company May Mobility to deploy thousands of AVs on the Uber platform over the next several years. Autonomous Uber rides are scheduled to launch by the end of this […] [Read More]

InfoRide launched a platform on Thursday designed to replace “outdated” technology paths and transform car shoppers’ access to dealerships. With its technology powered by artificial intelligence combined with an easy-to-use swiping interface, InfoRide introduced what it contends is an engaging and efficient car-buying experience for consumers and dealerships of today. InfoRide elaborated about its intuitive […] [Read More]

Within days of electing its 2025 board of directors and officers, Standards for Technology in Automotive Retail (STAR) announced that it has released multiple updates to its existing Dealer Infrastructure Guidelines (DIG) for retail automotive. The organization highlighted the current DIG focuses on better definitions, business continuity and data management. The group mentioned it’s also […] [Read More]

Matt Burke is one of the best among his peers in Dallas. The president and COO of Agora Data has been named to the Dallas Business Journal’s 2025 40 Under 40 list for his transformative leadership and contributions to the consumer finance industry. Now in its 19th year, that 40 Under 40 program recognizes top […] [Read More]