Last year, the National Automotive Finance Association established the Jack Tracey Pinnacle Award to recognize a professional at a member organization with enduring service to the non-prime auto finance industry. The award is named in honor of one of the organization’s early supporters and its first and long-serving executive director. The inaugural winner was Tom […] [Read More]

izmocars is bringing artificial intelligence to reputation management. The digital auto sales technology provider has launched ReviewSoda, an AI-powered review response platform for auto dealers designed to engage customers, build trust and foster loyalty. ReviewSoda automates the review management process by sending customized invitations for feedback and responding to Google reviews in real time. The […] [Read More]

CarGurus’ CarOffer digital wholesale platform continued to operate at a loss in the first quarter of 2024 though it did improve sequentially. The entire company’s net income surged, however. The CEO emphasized ongoing efforts to rebuild the wholesale business and integrate it into CarGurus’ other product offerings. “We are proud of the progress and improvement […] [Read More]

About two months after forming a relationship involving data storage, 700Credit on Tuesday announced an integration with SelectFI Lender Selector, a predictive financing platform. The companies said their alignment can allow dealerships to instantly generate multiple financing estimates for each of the dealer’s finance providers through the integration of the 700Credit soft pull platform. Lender […] [Read More]

Dominion DMS announced an integration with Gather on Wednesday. This collaboration integrates Gather’s identity and insurance verification technology with Dominion DMS’s flagship product, VUE, a cloud-core dealer management system. Gather said its technology can streamline the identity and insurance verification process in the dealership, ensuring compliance with regulatory demands while minimizing fraud risks and eliminating […] [Read More]

Last week, Launcher Solutions announced an integration partnership with Gestalt Tech and its SaaS data warehouse that can empower finance companies to take advantage of the market trends in analytics, artificial intelligence and automation. The companies said this collaboration can offer finance companies streamlined access to appTRAKER LOS data within Gestalt’s comprehensive credit data storage, […] [Read More]

Open Lending Corp. recently partnered with Core Specialty Insurance Holdings, enabling Core Specialty to begin providing credit default insurance policies for Open Lending’s Lenders Protection platform. Open Lending interim CEO Chuck Jehl said through a news release, “One of the central reasons why auto lenders have come to rely upon Open Lending and our Lenders […] [Read More]

SHAED, a startup mobility platform for the commercial vehicle sector focused on alternatives to traditional transportation, has launched its first marketplace product with the help of $5.7 million in seed funding. SHAED, which stands for Shared, Hydrogen, Autonomous, Electric and Distribution, has been funded by a seed preferred round led by EnerTech Capital, along with […] [Read More]

With its client base growing, Enterprise Fleet Management has opened five new North American locations in the past six months. The new locations in Boise, Idaho; Columbus, Ohio; Las Vegas; New York and Ottawa, raise the Enterprise Fleet Management network in the U.S. and Canada to 60. The company said the fleet management business grew […] [Read More]

Auto industry data and technology provider automotiveMastermind has joined with auto retail software provider CarNow in a strategic integration partnership designed to connect its Mastermind technology with dealers’ existing operational systems to better account for consumers’ online and offline shopping behavior. The integration includes enhanced tracking through the CarNow digital retailing suite, which the companies […] [Read More]