Auto defaults made the second-highest sequential jump so far this year in October, according to the S&P/Experian Consumer Credit Default Indices. S&P Dow Jones Indices and Experian reported that data through October showed the auto reading at 0.77%, which was 5 basis points higher than September. The only increase more than the latest one in […] [Read More]

RunBuggy, a tech platform that connects car shippers and transporters, said Tuesday it has brought on Drivably founder Tyler Hall as a strategic advisor. In this role, Hall will support RunBuggy’s recent product launches and its plans to expand into Canada. Hall founded Drivably, which helps dealers buy cars from consumers, in 2018. ACV purchased […] [Read More]

The jury is still out on how November fared in the overall used-car and certified pre-owned markets, but recent industry analyses paint a clear picture of how the fourth quarter has started. Beginning with CPO, there have been 2.04 million certified pre-owned vehicle sales through 10 months of the year, according to an analysis of Motor […] [Read More]

Mike Albert opened the week by naming a new president on Monday, welcoming Marty Kuhn, who the fleet, leasing and management services company said is a strategic leader with nearly 20 years of experience in both the direct-to-consumer and business-to-business spaces. The company also said through a news release that Marty Betagole will remain in […] [Read More]

Danny Zaslavsky is the dealer principal at Country Hill Motors and managing partner at VINCUE. He was also a speaker during two sessions at Used Car Week in San Diego earlier this month. In this interview, Zaslavsky shares how he juggles dealership work and leading an automotive software startup, how those roles intersect and where […] [Read More]

"(Data) privacy is today where safety was 30 years ago." That was one take from Privacy4Cars founder and CEO Andrea Amico during a discussion with the Auto Remarketing Podcast at Used Car Week in San Diego earlier this month. In this episode, Amico examines the automotive implications of the new Safeguards Rule and how it effects not […] [Read More]

If your dealership staff struggles with cold calling, the newest tool from FRIKINtech might help. The provider of automotive dealer engagement technology recently launched EQUITYiQ, a fully automated first-party equity farming tool that can bring sales and service data together to identify and deliver equity offers to customers without adding burden to the sales team. […] [Read More]

Auto Financial Group (AFG) recently announced that CU*Answers, a credit union service organization (CUSO) and a cooperative corporation headquartered and incorporated in Grand Rapids, Mich., has signed a referral agreement and continues to advance the development of a future integration with AFG. Company officials explained CU*Answers’ integration with Auto Financial Group will allow balloon loan […] [Read More]

According to the J.D. Power 2022 U.S. Consumer Financing Satisfaction Study, customer retention has become a key focal point for auto finance providers, putting the spotlight on specific actions credit providers can take to drive increased loyalty and brand advocacy. That focal point surfaced against a backdrop of rising interest rates, slowing origination volumes and […] [Read More]

DDI Technology expanded its corporate offices in September to handle more work. Then this month, the electronic lien and title technology firm and a subsidiary of IAA announced the expansion of its electronic salvage processing products and services into Massachusetts. This expansion marks the seventh state to offer DDI Technology’s Premier EVR services. As the […] [Read More]