In light of the closing of its acquisition of Dealertrack last month, Cox Automotive announced it is making Dealer.com — which joined the Cox family through the recent purchase — its primary website solution for Cox Automotive customers. The company explained current customers of the VinSolutions website product will migrate over to the Dealer.com website solution […] [Read More]

The week after Thanksgiving, PaymentVision will hold a free webinar on the importance and benefits of tokenization, or when applied to data security, the process of substituting a sensitive data element with a non-sensitive equivalent. The webinar covering the currently very relevant topic is scheduled for Wednesday, Dec. 2 from 2:30 to 3:30 EST. During […] [Read More]

Veros Credit announced it has opened a new Regional Business Center in the Dallas area. The company reported the new center will assist in the company’s growth efforts in Texas. The focus of the new center will be to provide a local presence in the state for customers and build service levels and dealer penetration. […] [Read More]

Reporting strong performance in the “no-score” segment of the credit spectrum, Equifax pointed out in a release this week lender vigilance is helping to drive auto loan market success. According to the latest National Consumer Credit Trends Report from Equifax Inc., the auto finance market is growing at a rapid pace, and balances are reaching […] [Read More]

Cherokee Media Group president Bill Zadeits had a big surprise in store for him during today’s opening remarks at Used Car Week. The industry leader was chosen by the National Auto Auction Association as the 89th Warren Young Sr. Fellow. The lifetime distinction was presented to Zadeits by Mike Browning, the incoming NAAA president. NAAA […] [Read More]

To the delight of many in the automotive industry, the House of Representatives voted on and passed a bill aimed at altering the Consumer Financial Protection Bureau’s handling of indirect auto financing. With a vote of 332 to 96, the House passed what the American International Automobile Dealers Association labeled a “common sense piece of […] [Read More]

You have your vehicle history report and your safety inspection. That’s enough, right? The team at Titan Certified, which launched this past September in Canada, says “no.” The company refers to its transmission and engine inspection offering as a “DNA Blood Test” for vehicles, and markets the test as the “third and final inspection report, […] [Read More]

AutoCanada Inc. announced this week that it has entered into an agreement to acquire the operating assets of 417 Infiniti Nissan Limited. The dealer group also reported it has reached an agreement to increase the size of its revolving credit facility from $200 to $250 million. First up, the to-be acquired accompany owns and operates […] [Read More]

Ally Financial, in partnership with local dealer Classic Chevrolet of Grapevine, Texas, recently presented over $180,000 in donations to ten charities in the Dallas area. The donations culminated from an auction hosted by Ally’s SmartAuction platform, which celebrated its 5 millionth vehicle sale. That 5 millionth vehicle was auctioned off with the promise that the […] [Read More]

At a recent speaking event at the Canadian Club in Toronto, GM Canada president and managing director Steve Carlisle stressed the importance of the changing automotive sector — think electric vehicles, autonomous cars, vehicle sharing, car connectivity and more. Carlisle called on governments in Canada to “act quickly” to make sure they have a "purposeful […] [Read More]