The 2021 Auto Finance Innovators Award: Top 100, which recognizes auto finance professionals who have made significant technological contributions to their company and the industry, were announced on Tuesday, as six category award winners were chosen by a panel of industry executives, influencers and media leaders. The awards, sponsored by Lightico and Auto Fin Journal, […] [Read More]

The final numbers have been tallied, and it turns out that last year’s certified pre-owned sales fell short of the record high by just over 2%. That’s according to a Data Point report from Cox Automotive, citing an analysis of Motor Intelligence data.  There were 2,748,164 certified sales in 2021, which beat prior-year figures by […] [Read More]

Canadian Black Book has named a director of sales, data and licensing, appointing former Volkswagen Canada executive Kelly-Ann Neary to the role.   Neary has spent 20 years working on the OEM side of the business. Her most recent post was leading VW Canada’s certified pre-owned and corporate fleet sales business.    “I could not […] [Read More]

A new year means a revamp of industry services available from J.D. Power stemming from moves made in 2021. The company announced on Monday that it’s relaunching three major automotive data products maintained by the its Autodata Solutions division. These include solutions for vehicle identification number (VIN) descriptions, inventory management and payment and incentives data […] [Read More]

While other means of communications are gaining popularity, dealerships sometimes still need to talk with their customers on the phone, so Volie rolled out a new product to help. On Monday, the creators of communication software for the automotive industry announced the launch of Dealer Identity by Volie, which is an all-in-one phone number monitoring […] [Read More]

Michael Strahan was perhaps the NFL’s most dominating defensive player of the 2000s. He’s a Super Bowl winner and a Pro Football Hall of Famer. But he’s also Renaissance man. These days, Strahan juggles the tasks of journalist, broadcaster, host/entertainer and businessman. While they might not have any sack records like Strahan — who is […] [Read More]

Informed.IQ, a technology company used by financial institutions to verify origination data and documents instantly and accurately, announced the addition of veteran automotive financing executive Jessica Gonzalez. According to a news release, Gonzalez was most recently senior vice president of digital transformation at Santander Consumer USA and joined as Informed.IQ as director of auto. Informed.IQ […] [Read More]

There’s now another path for users to leverage TransUnion information. Last week, TransUnion announced its off-chain credit data will be made available for the first time on public blockchain networks via Spring Labs’ ky0x Digital Passport. The companies explained the move is designed to enable better-informed, privacy-preserving DeFi and Web3 applications — internet applications based […] [Read More]

Santander Consumer USA is looking to be a financial resource not just in vehicle deliveries. Coinciding with the Martin Luther King Holiday, SCUSA announced on Monday that it is partnering with technology and community nonprofit Comp-U-Dopt to help “bridge the digital divide” in several cities in the U.S. Funded by a $35 million multi-year grant […] [Read More]

It’s a challenge non-prime and subprime auto finance companies face regularly inside their underwriting departments. An application lands from a consumer with a thin credit file or one who isn’t scored at all. Experian and Oliver Wyman recently found expanded data and advanced analytics can improve access to credit for nearly 50 million credit invisible […] [Read More]