Along with the update he shared during a recent episode of the Auto Remarketing Podcast, Jerry Cox also found crucial new information to help auctions and dealerships see if vehicles on their lots are equipped with potentially dangerous Takata airbags. The chairman and chief executive officer with Potomac Strategy Associates discovered and shared the latest […] [Read More]

Starting in October, Repairify will use its asTech remote scanning and diagnostic services to provide comprehensive diagnostic scan reports along with official OEM tool reports.  "We listen to our customers. We are committed to providing excellent service to continually enhance our products and services," said Cris Hollingsworth, president of Repairify, in the press release announcing the news. "The […] [Read More]

To commemorate 70 years of serving more than 100,000 worldwide members, Blue Federal Credit Union recently paid off five randomly selected members’ loans totaling $70,000, including two vehicle retail installment contracts. In June, credit union officials said any member in good standing who took out any loan sans a first-time mortgage was automatically entered to […] [Read More]

TrueCar is trying to improve the financing process for dealerships and vehicle shoppers that might engage with its website. On Friday, TrueCar announced a new experience powered by Capital One that allows eligible shoppers to pre-qualify for auto financing through Capital One and Westlake Financial as they begin their car-buying journey with TrueCar Certified Dealers. […] [Read More]

Oftentimes when a federal regulator charges after a subprime auto finance company, it’s the Consumer Financial Protection Bureau or the Federal Trade Commission doing the investigations and handing out enforcement actions. Last week, it was the Securities and Exchange Commission getting involved in auto-finance oversight. The SEC announced fraud charges against two former executives of […] [Read More]

In two pieces of news to come out of CDK early this week, the company is launching the inaugural CDK Connect Conference next week, and a new company in the auto tech space has joined its CDK Global Partner Program, as well.  Automotive Innovations (Ai), which goes by the same acronym as artificial intelligence, launched its suite […] [Read More]

Lithia & Driveway, which operates more than 180 auto dealerships in the U.S. and Canada, is teaming up with its hometown in a five-year partnership for naming-rights opportunities for the multi-sports complex. The complex is currently known as U.S. Cellular Community Park.  If the partnership is approved by the Medford city council, the new sponsorship will result in […] [Read More]

ARI recently announced updates designed to streamline the used experience for its fleet stakeholders and mobile app users and continue to "align with the future of mobility."  The ongoing evolution of the company's tech platforms includes that of the mobile app, ARI Driver Insights.  “ARI is — and always will be — a customer-centric organization. Providing […] [Read More]

Experts see electric vehicles eventually having a significant impact in the fleet space. With that thinking in mind, behavior and analytics advisory firm Escalent recently released the latest findings from its Fleet Advisory Hub, a platform designed to explore the needs, expectations and emotions of commercial and fleet vehicle decisionmakers. The newest report examined fleet […] [Read More]

Santander Consumer USA Holdings recently announced that Chrysler Capital will serve as the title sponsor for the Chrysler Minority Dealers Association (CMDA). The five-year annual sponsorship will include several initiatives aimed at outlining and supporting minority dealer trends and building a conduit for the next generation of minority dealers. Bruce Jackson, SC president of Chrysler Capital and auto relationships, […] [Read More]