VINchex announced on Tuesday that its lien verification data is available to Loanbridge customers. Through the partnership, Loanbridge users can verify a vehicle’s current lien status in the same system they already use to monitor their portfolios, track vehicle events, and pull vehicle history. Loanbridge strives to give lenders, asset holders, and recovery professionals continuous […] [Read More]

Continuing the positive momentum cultivated for much of the year, Recovery Industry Services Co. (RISC) recently announced that Flying A has joined its network of forwarder partners for vehicle repossessions. RISC highlighted the agreement brings independent vendor vetting, site inspections, background checks, and education certification to Flying A’s existing compliance program. Under the agreement, RISC […] [Read More]

RouteOne and Alfa continue to forge a closer bond to benefit dealerships and lenders. On Wednesday, the companies announced that Alfa has achieved certification for RouteOne’s The Digital Deal eContracting and Credit Application Lease integrations. RouteOne and Alfa highlighted the certifications build on the companies’ existing integration and broaden the functionality available to auto-finance providers […] [Read More]

Pete MacInnis, eLEND Solutions CEO and founder, is doing plenty of homework before his appearance at Used Car Week, which begins on Nov. 16 in San Diego. MacInnis is generating real-world data for his presentation titled, “Can Machine Learning Fix the Payment Accuracy Gap?” And part of process is a survey that also gives the […] [Read More]

Ridero, a technology platform building infrastructure for vehicle leasing and residual-based financing, on Monday announced a strategic partnership with AFG to expand residual-based vehicle financing across new and used vehicles. According to a news release, the partnership combines AFG’s lender programs, residual expertise and residual value guarantees with Ridero’s integrated technology and dealer network across […] [Read More]

The newest Experian product puts a technology spin on the old saying, “Cash is king.” On Tuesday, the company launched Experian Cashflow Data Bureau, which is a new consumer reporting agency (CRA) that operates under the Fair Credit Reporting Act (FCRA). Experian highlighted the solution can enabled financial institutions to leverage consumer-permissioned cash flow insights […] [Read More]

In August 2024, Asbury Automotive Group rejected “false and unfounded” allegations by the Federal Trade Commission (FTC) of “payment packing” at three of its dealerships in the Dallas-Fort Worth area. On Monday, the FTC dismissed the complaint that sought permanent injunctive relief. Through its order, the FTC explained how Asbury’s defense strategy resulted in Monday’s […] [Read More]

Dealers aren’t asking consumers to shell out quite as much on pre-owned vehicles in October as they were just a month ago. Average asking prices for used vehicles listed dealerships in the U.S. as of Saturday were down 2.5% from four weeks prior, with nearly three fifths of vehicles showing price cuts exceeding 0.5%. That’s […] [Read More]

The Mountain West has added two new members in Idaho. But we’re not talking college football realignment. Young Automotive Group has sold its Young Chrysler Dodge Jeep Ram and Young GMC dealerships in Burley, Idaho, to Mountain West Auto Group. That’s according to a news release from Performance Brokerage Services, which advised on the sale. […] [Read More]

Affordability challenges and economic volatility certainly have impacted the car business, as the latest financing data from Edmunds  showed. But one place where those headwinds haven’t influenced what’s rolling over dealership curbs came to light on Tuesday, according to the JD Power 2026 U.S. Automotive Brand Loyalty Study. Researchers said brand loyalty averaged 50.2% across […] [Read More]