Edmunds tracks retail prices for used cars regularly. But soaring ticket prices for this summer’s World Cup also caught attention of site analysts. So, Edmunds merged the topics of used cars and soccer together on Wednesday to see what kind of vehicle a fan’s World Cup Final ticket money could buy across three seating tiers. […] [Read More]

Open Lending is set to gain new ownership through a move that will take the risk analytics solutions provider for financial institutions to being a private company. ANV Group Holdings, a global insurance intermediary platform, announced on Tuesday that it has entered into a definitive agreement to acquire all outstanding shares of Open Lending common […] [Read More]

Agora Data announced a strategic partnership with GWC Warranty on Tuesday to give dealers streamlined access to vehicle service contracts (VSC) and guaranteed asset protection (GAP) without adding complexity to the funding process. Through the partnership, Agora dealers can offer eligible customers VSC and GAP products through the AgoraCapital platform. The integrated offerings are designed […] [Read More]

Dealer eProcess selected Informativ’s Payments API to power the payment calculation functionality within its digital retailing platform, Everest Retailing. “The choice was clear,” Dealer eProcess COO Sam Vukas said in a news release. “Our review of payment data providers found that Informativ’s Payments API had fast response times, a flexible and functional platform, and competitive […] [Read More]

Clutch is on an upward trajectory moving almost as fast as artificial intelligence. Founded in 2020 by fintech veterans Nicholas Hinrichsen and Chris Coleman, the digital origination and AI platform built exclusively for credit unions said it has tripled revenue since its last investment funding round 18 months ago, with $100 million in sight. Clutch […] [Read More]

Along with a technology partnership to help dealer groups monitor and process their expenses more effectively, Tekion on Tuesday unveiled four new innovations driven by artificial intelligence as part of its agentic AI suite, built on the Tekion AI platform. Announced during Tekion’s inaugural conference, T1 Pro, Salesperson AI, F&I Manager AI, and Accounts Payable […] [Read More]

Spyne and VinSolutions by Cox Automotive on Tuesday announced an integration designed to support mutual dealer clients by improving connectivity between customer engagement and CRM workflows. Through this integration, dealerships using VinSolutions CRM can connect Vini AI, Spyne’s artificial intelligence-powered sales and service engagement agent, directly into their existing CRM workflow. Rather than managing engagement […] [Read More]

DriveCentric wants dealers to feel confident about using its engagement platform supported by artificial intelligence. Last week, DriveCentric said it achieved ISO/IEC 27001 and ISO/IEC 42001 certifications, reinforcing the company’s commitment to information security, responsible AI governance, compliance, and customer trust. According to a news release, ISO/IEC 27001 is an internationally recognized standard for information […] [Read More]

CarChat24 is celebrating its 19th anniversary, marking almost two decades of helping dealerships turn website visitors into valuable sales opportunities. As part of its milestone, CarChat24 is introducing a new suite of artificial intelligence-powered features designed to complement its chat platform and provide dealerships with even more ways to engage today’s digital shoppers. According to […] [Read More]

Perhaps along with concerts and other summertime giveaways, auction general managers could promote their operations to consignors and dealers nowadays by saying, “Find some stability in the car business by coming to sale day.” Those pitches would be supported by the latest information from Black Book’s Market Insights, which indicated overall wholesale values softened by […] [Read More]