Agora Data and Black Book now are working together to help independent dealerships. Through a news release distributed on Wednesday, Black Book announced the integration of its VIN-specific valuations and insights into the Agora Data product suite. The data integration allows Agora Data to improve the precision and effectiveness of its auto dealer financing capabilities. […] [Read More]
Experts from Cox Automotive and Edmunds offered perspectives on what might happen within auto financing after the Federal Reserve made its largest increase interest rates at a single point since 1994. The Federal Open Market Committee voted 8-1 this week to raise the target range for the federal funds rate by 75 basis points to […] [Read More]
Auto Remarketing Canada is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week this month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. Next up is Meg […] [Read More]
Auto Remarketing Canada is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week this month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. Next up is Krysta […] [Read More]
A new installer of electric vehicle chargers, solar panels and solar panels is partnering with car dealers to provide charger installation to EV buyers. And that’s quite fitting for evNation, which was founded by dealers Alex Livadas and Neil Okun, who each have three decades of experience in the car business. The company takes a […] [Read More]
After 76 years of operations and sending vehicles down the lanes in northwest Pennsylvania, a part of America’s Auto Auction has a new name. Members of the AAA corporate team attended the sale at their newly branded facility last week, as this auction celebrated its 76th anniversary and introduced dealers to its new name. According […] [Read More]
Autonomy continues to expand in the Golden State. The electric vehicle subscription company — which says it is the “cheapest, fastest and easiest way to get a Tesla Model 3” — said in news release Wednesday that its services have launched in Bakersfield, Calif. Autonomy launched in Los Angeles in January, then the San Francisco […] [Read More]
A new kind of license plate now is available for fleets based in the Lone Star State Reviver, a technology company and developer of the digital license plate, announced on Tuesday that it has launched its suite of products for sale to commercial vehicle owners in Texas. Commercial businesses in Texas can access a growing […] [Read More]
Bank of America evidently enjoys working with the Lucid Group. On Wednesday, the luxury electric vehicle manufacturer announced entry into a credit agreement with an initial committed amount of up to $1.0 billion with Bank of America serving as the administrative agent and swingline lender on the transaction. According to a news release, other lenders […] [Read More]
Financing for electric vehicles continues to gain more momentum. A few days after Bank of America finalized a relationship with Lucid Group, Arcimoto announced on Wednesday that manufacturer has entered into an agreement with FreedomRoad Financial, a loan production office of Evergreen Bank Group, to provide consumers with vehicle financing for Arcimoto’s family of EVs. […] [Read More]
