Collaboration is developing again in connection with payments where auto finance and car insurance intersect. Last week, One Inc., a leading digital payments network for the insurance industry, today announced a collaboration with Copart to integrate One’s ClaimsPay platform with Copart’s Title Express and Loan Payoff system. The intentions are to modernize and expedite lienholder […] [Read More]

Allied Solutions is trying to financially support technology like artificial intelligence that can make the work life better for its clients, taking a similar path as large banking organizations. This week, one of the presenting sponsors of Used Car Week and provider of insurance, financial services, and risk management solutions for financial institutions announced a […] [Read More]

Almost 400,000 individuals have already filed for bankruptcy during the first three quarters of this year. And the newest LegalShield Consumer Stress Legal Index (CSLI) showed that trajectory might continue for the remainder of 2025 and beyond. Consumer legal stress hit its highest level in nearly five-and-a-half years, driven by a 17% surge in bankruptcy […] [Read More]

Through three quarters of the year, certified pre-owned vehicle sales are beating 2024 figures by nearly 3%, despite a precipitous month-over-month decline in September. That’s according to Cox Automotive, which said in an October analysis citing Motor Intelligence data that there were an estimated 194,020 CPO sales last month. That beat September 2024 figures by […] [Read More]

We throw the keys to the valet on this episode of the Auto Remarketing Podcast. Clint Curtis is the co-founder and CEO of Zapmoto, which provides valet pickup and delivery of vehicles for servicing at car dealerships. He joins Auto Remarketing senior editor Joe Overby for a conversation about the growth of mobile/remote service offerings […] [Read More]

Carvana has expanded its same-day vehicle-delivery service to the greater San Diego area, the online used-car retailer said Tuesday. Sharing more details, the company noted that select customers in the area can have their purchases delivered on the same day they place their order. They can also utilize as-soon-as-same-day pickup or drop-off options if they’re […] [Read More]

Perhaps with a freshly repaired vehicle, the car owner will want to hit the road and turn up the tunes, maybe via satellite radio. On Tuesday, Vehlo and SiriusXM announced a new integration that enables auto service and repair shops leveraging Vehlo’s software solutions to provide their eligible customers with a complimentary three-month trial subscription […] [Read More]

FlexPath DXP is taking its shot to solve one of the parts of the used-car industry that has struggled to gain sustained momentum. Used-vehicle leasing. On Tuesday, the company launched LeaseDXP, which it says, “brings new life to vehicle leasing.” Built on FlexPath’s newly released Single Vehicle Prequal (SVP) module and powered by its patent-pending […] [Read More]

Experts are closely monitoring what’s happening with lower-income consumers, which are often served by subprime auto finance companies. New research from the Federal Reserve Bank of Philadelphia as well as Fitch Ratings’ expectations about asset-backed securities are two examples of observations to surface in recent days. When examining securities on a global scale, Fitch Ratings […] [Read More]

Automakers issued 96 recall campaigns in the third quarter, covering nearly 8.5 million vehicles, according to the latest report from BizzyCar. To help dealerships handle a potential swell of incoming calls from those recalls, Car Wars expanded capabilities of Cari, its scheduler run by artificial intelligence. The provider of innovative phone solutions for automotive dealerships […] [Read More]