Autosled is now delivering to consumers. The vehicle logistics technology provider has launched Autosled Direct, a direct-to-customer vehicle transport service. The service, an extension of Autosled’s existing B2B vehicle shipment service, is initially available to retail auto dealers who no longer wish to be involved in the transport logistics processes of their customers. The company […] [Read More]

Auto industry data and technology provider automotiveMastermind, part of S&P Global Mobility, announced multiple integrations designed to enhance its Mastermind technology and make it easier for dealers to connect data across their technology stack to improve consumer experiences and streamline marketing. The new integrations with CarNow, Skaivision, Orbee and Tealium incorporate a set of application […] [Read More]

Quantum5, a holistic learning ecosystem in automotive designed to drive measurable performance through engagement and proficiencies, has acquired artificial intelligence-driven workforce engagement platform Trivie. Quantum5, the automotive division of Ander, said the acquisition enables it to accelerate its mission of “helping the auto industry address the challenges it faces and provide today’s learners with a […] [Read More]

Open Lending Corp. offered a glimpse into some of the insights found through its newest study on vehicle accessibility and automotive financing perceptions among near- and non-prime consumers. The report builds on Open Lending’s 2023 Vehicle Accessibility Index, which explored the barriers to vehicle ownership and how owning a vehicle impacts consumers’ opportunities and livelihoods. […] [Read More]

LegalShield experts contend consumers’ financial status and optimism might not be so rosy. LegalShield recently released new data suggesting rising financial instability for consumers nationwide. The company’s December Consumer Stress Legal Index (CSLI) increased for the 10th straight month to 66.7, reaching its highest level since November 2020 and pointing to a decline in consumer […] [Read More]

Last week, Solutions by Text (SBT) and Lightico announced a strategic partnership to deliver real-time messaging capabilities to finance companies. The relationship blends SBT’s real-time conversational platform with Lightico’s solution to help auto-finance providers grow their business. Clients can leverage the integrated real-time messaging solutions to communicate with consumers over text, collect underwriting documents over […] [Read More]

Chase, Capital One, Global Lending Services and Westlake Financial all now have more in common than just providing auto financing. On Monday, Chase joined the trio already working with CarGurus to expand options for consumers looking to pre-qualify for auto financing while enabling dealers to better serve the growing number of shoppers who prefer to […] [Read More]

With a double-digit-percentage rise in commercial vehicle volumes, along with notable changes in the quality and prices of vehicles, 2023 was a “pivotal point” for the auction market, at least from the perspective of commercial consignors. AutoIMS examines that perspective in greater detail through its latest quarterly Industry View report, which is a “compendium of metrics featured in the AutoIMS Sales Scorecard that reflects the AutoIMS database (with a few needed exclusions) — a vast majority of the commercial sales volume at wholesale auto auctions in North America.” That AutoIMS report indicates there was ... [Read More]

After receiving no answer from President Biden to their request in November to “tap the brakes” on strict vehicle emissions standards, car dealers throughout the nation are now urging the White House to “hit the brakes.” Nearly 5,000 dealers representing all 50 states this week signed onto a letter to the President urging him to […] [Read More]

Auto logistics providers anticipate a large increase this year in the volume of battery-electric vehicles, or BEVs, they transport. Two areas stand out when discussing handling those electric vehicles versus internal combustion engine vehicles, and each area has its own ramifications for the industry. “The two biggest differences are mass and helping ensure the battery […] [Read More]