Continuing our conversations from NADA Show 2024, Cherokee Media Group’s Joe Overby catches up with Chance Mayfield and Justin Neiser of Carfluent, a provider of artificial intelligence-driven software that helps dealers create bilingual vehicle listings. In this episode of the Auto Remarketing Podcast, Mayfield and Neiser share the inspiration behind the company, how the software […] [Read More]

Auto dealers still don’t like the look of the current market for vehicles. But now there’s a hint of optimism about the near future. The Cox Automotive Dealer Sentiment Index for the first quarter of 2024 shows dealers’ view of the market has improved only slightly, up to 42 (out of 100) from Q4 2023’s […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024, ACV CEO George Chamoun returns to the program to talk about sourcing inventory from consumers, ACV’s “TEC Talks,” growth areas for the company, its work with a.i.m. recon and much more. Listen to his conversation with Cherokee Media Group senior editor […] [Read More]

Flexcar is bringing its vehicle subscription service to Rhode Island. The company announced consumers in the Providence area can now sign up for monthly subscriptions, choose their vehicle and have it delivered to their home. Flexcar chief operating officer Ryan Quinlan said while Rhode Island residents drive an average of less than 10,000 miles per […] [Read More]

Wolters Kluwer and Informed.IQ want to simplify and streamline the complex landscape of automotive financing. So, Wolters Kluwer Compliance Solutions has agreed with Informed.IQ to distribute an automated technology solution designed to modernize the auto-finance lifecycle by using digitized processes and artificial intelligence. The offering utilizes Wolters Kluwer’s eVault capabilities with Informed.IQ’s AI copilot solution […] [Read More]

Cherokee Media Group asked Jessica Caldwell of Edmunds about negative equity during a conversation at NADA Show 2024 in February. Caldwell immediately replied, “Right now, that is a yikes.” The latest Edmunds Used Vehicle Report released on Wednesday added more specifics as to why Caldwell offered such a reaction. Edmunds indicated 20.4% of new-vehicle sales […] [Read More]

Launcher is on pace to form a partnership per month. After finalizing two in February, the provider of the appTRAKER Loan Origination System announced its newest partnership on Tuesday, aligning with TruDecision. The result of a full integration is mutual financing clients having seamless access to TruDecision’s analytic solution and proprietary credit risk technology, maximizing […] [Read More]

One View and 700Credit are now working together to leverage their specialties in document management solutions and credit, compliance and fraud prevention tools, respectively. The companies highlighted on Tuesday that their integration provides mutual clients a direct integration to capture all documents from the 700Credit platform into the One View Vault digital document repository without […] [Read More]

Eighteen auto industry organizations, including the National Automobile Dealers Association along with Carvana, IAA, ACERTUS and others with ties to the used-car space, have launched a coalition designed to modernize the vehicle title and registration process. The Electronic Secure Title and Registration Transformation Coalition (or, eSTART Coalition) aims to work with governments to “advocate for […] [Read More]

Dan Chait joined Southeast Toyota Finance in 2002, becoming part of JM Family Enterprises. On Tuesday, Chait was named president of the privately held company, which generates more than $20 billion in annual revenue. Chait, who also will remain chief operating officer, is succeeding Brent Burns as president, while Burns remains CEO. As president and […] [Read More]