Audi Canada president Vito Paladino has a new title to add to his LinkedIn profile as he takes on a role leading Volkswagen Group Canada, as well. Paladino, the new president and CEO of VW’s Canadian arm, will now be heading up all of the branches of the brand’s presence in the country, which includes […] [Read More]

Shareholder Amy Clum Holbrook and attorney Stefanie Collier with Weltman, Weinberg & Reis — both whom have been among Women in Auto Finance honorees the past two years — utilized part of their time at Used Car Week for this episode of the Auto Remarketing Podcast. The legal experts described how the current regulatory landscape […] [Read More]

Smartcar, a developer platform for mobility businesses, has joined with Uber Technologies in a partnership to make it easier for electric vehicle drivers on the app to take on trips without range anxiety. As a result of the collaboration, Uber will use Smartcar’s API to integrate EV battery level data into its driver app, enabling […] [Read More]

Average prices on 1- to 5-year-old vehicles in October were down 5.1% year-over-year, according to analysis from iSeeCars.com. Moreover, the latest CARFAX Used Car Price Index shows that those declines continued “across the board” in November. But the price drops for used electric vehicles (and to a lesser extent, hybrids) have been far more extensive, […] [Read More]

The inventory of even moderately priced (with OEM incentives) electric vehicles already has grown to double the average day’s supply of ICE units, even before the onslaught of 100 new EV models coming on the market in the next 30 months. On the used-car side, many dealers lament that they can’t move even used EVs […] [Read More]

In a strategic move the provider of SaaS solutions and IT services said is meant to bolster its global marketing initiatives and drive further growth in its specialized sectors, NETSOL Technologies announced its first chief marketing officer. Appointed to the position on Wednesday was Erik Wagner, who possesses more than 16 years in the marketing […] [Read More]

Advent Resources and RouteOne announced a collaboration this week with the goal being to centralize and digitize car deals, drastically reducing inefficiencies in the traditional process. The companies are looking to enhance the e-contracting process, reduce per-deal personnel costs, and ultimately, transact with consumers wherever and however they choose. By giving RouteOne’s network of finance […] [Read More]

GoodCar, a provider of comprehensive vehicle data and history reports, has introduced its Residual Values tool, which it called “a timely solution for car lessees amid the soaring prices of used vehicles.” The new tool is designed to give consumers a quick and accurate estimate of their vehicle’s equity. Users can access the current residual […] [Read More]

The credit reports, compliance solutions, soft pull, identity verification and fraud detection platforms from 700Credit became more robust this week courtesy of the addition of Insight Score for Auto from Equifax. Designed to help expand access to credit for consumers seeking to finance a vehicle, 700Credit recapped the Insight Score for Auto is an industry-specific […] [Read More]

Davis+Gilbert named a new chief operating partner, turning to an expert who has been with the law firm for more than two decades. The firm announced that partner Joseph Cioffi is taking on additional responsibilities as chief operating partner effective immediately. Cioffi currently serves as a member of the executive committee and as the chair […] [Read More]