Automotive technology company Reviver has partnered with South OC Cars and Coffee to support the organization and showcase Reviver’s digital license plate, the RPlate. South OC Cars and Coffee in Orange County, Calif., is among the 29 affiliated Cars and Coffee clubs throughout the world. It bills itself as the world’s largest weekly car show, […] [Read More]

AutoNation is getting creative in a way that could potentially solve several issues for the dealer group and its customers. The company’s AutoNation Mobility division is booking what’s dubbed “Micro-Leases,” putting customers into new cars connected to leases lasting six to 12 months. According to the program website, these “Micro-Leases” currently are available only at […] [Read More]

Electric vehicle manufacturer Faraday Future has appointed former CarLotz CEO Lev Peker as a member of its board of directors and chairman of the board’s audit committee, by unanimous vote of the board. Peker is currently CEO of PartsiD, a digital commerce platform for the automotive aftermarket. He previously served as chief executive at CarLotz, […] [Read More]

It’s been a busy year on the acquisition front for APCO Holdings. On Monday, the provider and administrator of automotive F&I products and home to the EasyCare, National Auto Care, GWC Warranty and MemberCare brands recapped that it has completed four additional acquisitions so far in 2023. In early January, APCO announced that it had […] [Read More]

Wolters Kluwer might have found another indirect impact of inflation and the pinch on households and businesses when the professional information and software solutions and services provider released its latest Auto Finance Digital Transformation Index. The index tracks the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution […] [Read More]

Like auto financing, the Internal Revenue Service is trying to enter the digital realm, too. The agency announced last week that taxpayers will have the option to go paperless for IRS correspondence by the 2024 filing season. And the IRS said it is looking to provide paperless processing for all tax returns by the 2025 […] [Read More]

A portion of the contract holders in your outstanding auto finance portfolio might be facing an additional major payment obligation next month when forbearance for federal student loans expires. And TransUnion reported 36% of consumers already holding student loan debt took on auto financing commitments since the beginning of the pandemic. It’s all percolating into […] [Read More]

Tom Adams Jr. once flew to Cartagena, Colombia to recover 16 high-end, late-model cars that Auto Insurance Agency, better known as AIA, had issued coverage policies for. He spoke no Spanish and had no idea where he might find the cars. After a series of adventures, or perhaps misadventures, he managed to recover them and […] [Read More]

Earlier this summer, Cherokee Media Group generated a two-part series focused on the potential challenges associated with car owners having to pay monthly subscriptions for features such as heated seats or increased electrical-vehicle power. Perhaps those hurdles might not be as foreboding as initially thought based on research done by S&P Global Mobility. First, let’s recap the entire situation. Cox Automotive sees multiple challenges automakers could face if they embark on ... [Read More]

Credit unions collectively continue to gain market share in auto financing. How are they doing it? Origence president and CEO Tony Boutelle answered that question, sharing some other interesting data about credit unions and more during this episode of the Auto Remarketing Podcast. The conversation can be found in the window below. [Read More]