Auto industry technology service provider Orbee announced a collaboration with inventory acquisition and management platform VINCUE with a focus on integrating VINCUE Boost — a VIN-specific, automated advertising engine — with Orbee’s customer experience middleware technology. Orbee said its technology will integrate VINCUE Boost into new advertising platforms, expanding its reach and effectiveness and enhancing […] [Read More]

Cox Automotive said it’s “doubling down” on its commitment to vehicle logistics. The auto industry giant announced an investment of more than $100 million in its Central Dispatch brand to “revolutionize the vehicle transport industry through technology.” Cox said the investment will transform Central Dispatch from a matchmaking service that connects shippers and carriers into […] [Read More]

Developers at defi SOLUTIONS took what they called their next step toward continuous improvement this week, building on decades of software development to release defi ORIGINATIONS. With expertise gained from the delivery of two originations systems and honed through close, long-term partnerships with some of North America’s top finance companies, defi ORIGINATIONS is designed to […] [Read More]

GDS Link announced a strategic partnership with Carleton this week. The potential benefits derive from integrating Carleton’s financial calculations, CarletonCalcs, and lending document generation software, CarletonDocs, within GDS Link’s credit risk decisioning solutions. CarletonCalcs is a suite of configurable payment calculation and compliance APIs that are designed to integrate seamlessly with lending and leasing applications, […] [Read More]

On Thursday, Credit Acceptance announced the promotion of Jay Martin to chief financial officer, a move that had become effective two days earlier. Martin joined Credit Acceptance in 2003, serving in a variety of “increasingly challenging” roles throughout his tenure. Most recently, Martin was senior vice president of finance and accounting. “He has played a […] [Read More]

Black Book announced it has expanded its integration with CarWiser Xchange, a platform and tool designed to give dealers access to consumer cars and enables consumers to receive instant vehicle offers. In a news release, Black Book said CarWiser “champions a new era in vehicle acquisition efficiency and dealer consumer engagement” by connecting consumers with […] [Read More]

TradePending, a sales enablement and consumer experience software platform for car dealerships, has hired Madhu Kota as chief technology officer. TradePending is backed by Capstreet, a Houston-based lower middle market private equity firm. “Madhu has an impressive background in software product development, professional services, consulting and executive management,” TradePending CEO Brice Englert said. “As a […] [Read More]

IAA, a global digital marketplace connecting vehicle buyers and sellers, has implemented the J.D. Power ChromeData VIN Descriptions (CVD) service in the IAA Interact merchandising platform. The addition of CVD to the platform is designed to give IAA customers access to specific trim-level information for more than 90% of vehicles listed, including Ford and Toyota. […] [Read More]

Montway Auto aims to transform how dealer groups manage transportation costs. The third-party logistics brokerage has released its Montway Automation Portal, designed specifically for automotive dealer groups to consolidate data points from multiple stores on a centralized platform. The company said M.A.P.’s technology enables auto dealer groups to reduce rate-per-mile to maximize revenue, decrease cycle […] [Read More]

Santander Holdings USA recently announced findings from a new survey that shows middle-income American consumers were feeling optimistic in the fourth quarter, with 70% of respondents believing they are on the right track toward achieving financial prosperity and 80% believing they would achieve financial prosperity in the next 10 years. And what’s likely going to […] [Read More]