In North Carolina, particularly the half west of Greensboro, no sport outside of college basketball has as deep of roots as NASCAR. And in the aftermath of deadly and devastating Hurricane Helene, from those roots comes support as solid as an oak — thanks to two homegrown giants of the sport and the respective Charlotte-based […] [Read More]

Gubagoo, provider of digital retailing and conversational commerce for auto dealerships, has launched of Guba IQ, the latest enhancement of its ChatSmart tool. In a news release, the company said the artificial intelligence-powered Guba IQ was built in-house using OpenAI tools and is “fully trained” based automotive data from Gubagoo and its parent company, Reynolds […] [Read More]

The National Auto Auction Association announced its latest choice for its Industry Pioneer Award, a new memorial scholarship and donations on behalf of its outgoing president last week as it wrapped up the 2024 NAAA World Remarketing Convention in Orlando, Fla. Tribble selected as Industry Pioneer Larry Tribble Jr., chairman and owner of Southern Auto […] [Read More]

NETSOL Technologies rolled out its new unified Transcend Platform — an AI-powered digital retail and asset finance solution for automotive and equipment OEMs, auto captives, commercial lenders, dealers, brokers and financial institutions. The new NETSOL Transcend platform offers a broad set of products and solutions under one umbrella, showcasing the company’s commitment to harnessing the […] [Read More]

FlexPath’s VeriQual product recently integrated with platforms that can enable the creation of generative AI personas to boost identity verification and credit prequalification. FlexPath explained generative AI personas differ from traditional artificial intelligence avatars by using sophisticated generative AI technology to create personas that can learn, adapt and evolve based on user interactions. FlexPath said […] [Read More]

When her phone rang at the end of an auction sale last month, Debbie Stokes was in no mood to answer it. “I’m like smack dab in the middle of doing everything,” she recalled. “I look at my phone and it’s showing a number I didn’t have saved. “I’m like, ‘I don’t know who this is. Do I answer or do I not?’ Well, if I don’t answer I’m just going to have to call it back anyway, so I might as well just get this over with.” That turned out to be the right call ... [Read More]

Consumer Portfolio Services on Monday announced the successful integration of Informed.IQ’s Dealer Verify tool into its origination process. The subprime auto finance company said this advanced solution driven by artificial intelligence can enhance the dealer experience by automatically verifying stipulations, improving capture rates and reducing contracts in transit. CPS said it has consistently focused on […] [Read More]

Last week, PayNearMe announced an expansion of its strategic collaboration with PayPal. The companies highlighted that the expanded integration with PayPal’s full stack processing capabilities for both payments and disbursements into the PayNearMe platform can help increase reliability and expand PayNearMe’s banking partnerships. PayPal helps strengthen PayNearMe’s core banking infrastructure and makes its Smart Switch […] [Read More]

Craig Amelung has officially become president of the National Auto Auction Association for the 2024-25 term, taking office when outgoing president Eric Autenrieth passed the gavel in a ceremony during the 2024 NAAA World Remarketing Convention in Orlando, Fla. During the convention’s all-member meeting, Tommy Rogers was elected vice president. Amelung is a 32-year auto […] [Read More]

Perhaps dealers are making headway when explaining the complex safety systems of new and late-model vehicles during delivery. But new research from J.D. Power and the Insurance Institute for Highway Safety (IIHS) showed that getting consumers completely comfortable with these features still has plenty of room for improvement. First, here’s the positive movements highlighted by […] [Read More]