More shops are collaborating to boost financing and ancillary products tailored specifically for electric vehicles. Tenet, a leading EV financing platform, announced a partnership this week with Xcelerate Auto, a financial technology company with an emphasis on electric vehicles, to couple its EV extended warranty into Tenet’s financing options. Xcelerate Auto said it designed the […] [Read More]

Developments within financial technology nowadays aren’t just driven for consumers’ benefits. This week, Solifi announced the release of its latest version of Solifi Wholesale Finance SaaS solution, which includes several new automated features to better manage inventory audits, provide real-time reconfirmation of order commitments and further streamline transactions. As more dealers and wholesale finance companies […] [Read More]

Along with being named one of the top growing companies in Canada, Inovatec Systems recently landed its sixth industry relationship so far this year with a complementary service provider. Inovatec, which offers cloud-based software solutions for finance companies, announced it has entered into a partnership with Provenir, a global leader in risk decisioning software powered […] [Read More]

Last week, DDI Technology said it expanded its corporate offices to handle more work. This week, the electronic lien and title technology firm and a subsidiary of IAA, showed the reason for that move, expanding of its electronic lien and title (ELT) services and Premier eTitleLien product into the state of West Virginia. The company […] [Read More]

F&I Sentinel might have its platform based in the cloud, the service provider is making sure it has the human resources it needs to function correctly. This week, F&I Sentinel announced the addition of experienced software engineers Ryan McCauley and Kevin Ye, who will join the company in key roles to support the cloud-based CITADEL […] [Read More]

If they’re not already, dealers may soon have a harder time getting used-car inventory than they did in late summer That’s according to the ZeroSum Market First Report, which is projecting that available pre-owned inventory at the end of September will be 1.15% lower than it was at the beginning of August. Data from ZeroSum, […] [Read More]

On Tuesday, Dominion DMS and TruVideo revealed the results of their collaboration to help the service drives at dealerships. The companies announced a certified SecureVUE integration between TruVideo’s shopper engagement and service experience products and VUE DMS. TruVideo is a conversational commerce platform that uses text and video to help dealerships establish trust and streamline […] [Read More]

Dent Wizard International has named a new chief financial officer. Hired for the position was Bryan Wynn, who comes over from Bain Capital, where he worked 12 years. Wynn’s most recent post at Bain was as an executive vice president supporting the company’s investment in Dealer Tire LLC, which is the parent company of Dent […] [Read More]

Vanity Fair reported last week that James Earl Jones was retiring as being the voice of Darth Vader in future “Star Wars” projects. Too bad. Jones’ narration of the opening segment of Black Book’s Market Insights might have been appropriate to articulate how wholesale values softened another … [Read More]

Douglas Campbell possesses significant used-car experience at franchised stores as well as remarketing vehicles after they’ve been in a rental car fleet. Now Campbell is about to embark on a professional chapter within another part of the used-vehicle market — the buy-here, pay-here space. America’s Car-Mart announced on Monday that Campbell will serve as the […] [Read More]