Call tracking and analytics provider Car Wars and GoTo, a provider of IT and business communications systems, announced a renewed commitment to their partnership to “bring automotive dealers an even more powerful and seamless integration.” The companies said the renewed partnership leverages GoTo Connect’s latest set of APIs for immediate integration improvements with CarWars and […] [Read More]

A new study shows owners of electric vehicles are far more likely than the rest of the population to use “smart” technology in their homes. That not-so-surprising fact was confirmed by research from market research and consulting company Parks Associates, whose latest study, EV Charging at Home: User Demand and Preferences, found 72% of EV […] [Read More]

Automotive sell-side advisory firm Kerrigan Advisors announced it has added former AutoNation executive Chris Gempton as senior vice president of sell-side advisory. The new SVP will open Kerrigan Advisors’ new Florida office in Miami, which will serve clients in the Southeast, a market the company said is very active for dealership buy/sell transactions. Kerrigan Advisors […] [Read More]

Autonomy is departing the electric vehicle subscription business — at least from what it has been doing in recent years. Instead, Autonomy said late on Sunday that it’s launching a new SaaS business — Autonomy Data Services (ADS) — in partnership with Deloitte. According to a news release, ADS has secured $2.5 million in new […] [Read More]

Last week, Affinity Federal Credit Union announced a strategic partnership with Point Predictive This collaboration aims to bolster efforts by the member-based, federally insured, full-service financial institution to combat the increasing challenges of identity, income, and employment fraud while helping Affinity’s members get automotive financing easier and faster. Affinity was recently recognized on the Forbes […] [Read More]

Auto finance originations are down, personal loan balances sit at a record high, and consumers of all credit tiers are antsy for an interest-rate reprieve from the Federal Reserve. Those findings are the primary highlights of Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion. Beginning with the auto portion of the report that […] [Read More]

Trust Automotive Holdings partner and CEO Edgar Castellanos and Open Road Capital have acquired two dealerships in Costa Mesa, Calif., from Z Nafe, according to Dave Cantin Group, which advised both parties in the transaction. Dave Cantin, CEO of Dave Cantin Group, said the acquisition of the dealerships by Castellanos and Open Road Capital marks […] [Read More]

Two of the growing factors impacting electric vehicles are charging them and securing affordable insurance, and three research projects shed more light on those elements of EV ownership and how consumers are adjusting. First, Mercury Insurance compiled a list of the most affordable new EVs to insure, but a Tesla is not mentioned among the […] [Read More]

Another alliance involving 700Credit surfaced this week to help dealerships digitize their car sales, enabling their teams to retail and finance cars more efficiently. The latest move by the provider of credit reports, compliance solutions, soft pull, identity verification and fraud detection platforms is with Fuse Desking, an end-to-end solution for variable ops management and […] [Read More]

Subprime auto finance companies often tout that an ancillary benefit of providing financing to consumers with soft credit histories is it can be a path to resuscitating an individual’s credit profile through on-time payments. This week, the Federal Trade Commission finalized a lawsuit against a “sprawling” credit-repair operation that was doing illegal things, including an […] [Read More]