Here’s another way your certified inventory can look more appealing to potential buyers. On Tuesday, Trusted Sale announced that its vehicle inspection reports will now be available within the CARFAX Vehicle History Report. The companies said the vehicle inspection details that Trusted Sale captures will live indefinitely within the CARFAX Vehicle History Report for applicable […] [Read More]

Just ahead of Fourth of July, the Consumer Financial Protection Bureau released its summer installment of Supervisory Highlights, which included the regulator’s examination of auto financing servicing activities. The bureau said it primarily assessed servicers’ compliance with the Consumer Financial Protection Act’s prohibition on unfair, deceptive or abusive acts or practices (UDAAP). Officials indicated recent […] [Read More]

TRADER Corporation, a provider of online media, dealership software and lender services has acquired Collateral Management Solutions from the Teranet group of companies. TRADER said the move is designed to enhance its financial technology offerings as an expansion of Dealertrack Canada, its automotive finance system. CMS is a provider of lien and registration, recovery and […] [Read More]

Impel, which provides an artificial intelligence-based customer lifecycle management platform to the auto industry, said Tuesday it has acquired Outsell in a deal valued at more than $100 million. The transaction includes cash and equity in Impel. The company said the purchase of the SaaS provider “establishes the auto industry’s first end-to-end AI sales and […] [Read More]

Online car bidding platform The Lasso, formerly known as Revv, announced it has raised $9.8 million in early-stage funding as it prepares to expand nationwide. The funding was split across three tranches and culminated in a seed round. Crosslink Capital and Manresa Ventures were the lead investors. Contour Venture Partners, Liquid2 Ventures, Ritual Capital, Correlation […] [Read More]

Car Wars is adding a timely element to its Mystery Shop Scorecard. The provider of call-tracking and phone-handling systems for auto dealerships said its system now includes on-demand reporting to provide near real-time insights from its recorded phone calls. Previously, Mystery Shop Scorecard data was made available through monthly reports, but after feedback from its […] [Read More]

Fullpath is joining up with General Motors and its dealers. The marketing automation and customer data platform (CDP) that was one of this year’s Emerging 8 honorees announced it has been selected as an approved turnkey certified provider for GM’s in-Market Retail (iMR) funds, a designation that gives GM dealerships access to Fullpath’s CDP and […] [Read More]

The National Insurance Crime Bureau (NICB) and the National Highway Traffic Safety Administration (NHTSA) are intensifying their respective work this month. NICB and NHTSA are raising awareness during National Vehicle Theft Prevention Month to promote education to encourage collaboration between law enforcement and vehicle owners. Earlier this year, NICB released a vehicle theft trend analysis, […] [Read More]

Hertz is making some major changes to its leadership team. The rental car giant said it’s adding four former Delta Air Lines executives to the company this month and has promoted interim general counsel Katherine Lee Martin to executive vice president, general counsel and corporate secretary, effective immediately. In a news release, Hertz said the […] [Read More]

Terry MacCauley loves his job and loves talking about it. That’s why the enthusiastic founder, president and CEO of Big Time Advertising and Marketing is becoming a popular speaker at auto industry events. Auto Remarketing Podcast host Andrew Friedlander finally caught up with MacCauley during the 2024 NIADA Convention and Expo in Las Vegas for […] [Read More]