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Work Truck Solutions & Ryder partner to boost available inventory
Friday, Aug. 27, 2021, 04:55 PM
Auto Remarketing Staff
Work Truck Solutions recently expanded its partnership with Ryder System, a leader in supply chain, dedicated transportation and fleet management solutions. The partnership means Work Truck Solutions is offering Ryder used truck inventory on the commercial vehicle channel, Vehicle Acquisition Search Tool (VAST). The companies said these trucks will provide users with much needed inventory […] [Read More]
After gaining 2 industry alliances, DealerPolicy lands $110M in Series C Funding
Friday, Aug. 27, 2021, 04:53 PM
Auto Fin Journal Staff
It’s been an eventful week for DealerPolicy. First, the insurance marketplace for automotive retail finalized a pair of industry alliances on Tuesday with F&I product provider JM&A Group and J.D. Power subsidiary Darwin Automotive. Then on Thursday, the Emerging 8 honoree announced its $110 million Series C investment led by the growth equity business within Goldman […] [Read More]
Rivian makes move toward IPO
Friday, Aug. 27, 2021, 04:50 PM
Auto Remarketing Staff
Having already forged relationships with companies such as Lincoln in connection with manufacturing and Chase to facilitate consumer financing, Rivian is making moves to become a publicly traded company. The electric truck maker announced on Friday that it has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission relating […] [Read More]
Autos Drive America adds 2 staff members to boost advocacy for international OEMs
Friday, Aug. 27, 2021, 04:48 PM
Auto Remarketing Staff
Autos Drive America, which represents the U.S. operations of international automakers, reinforced its government affairs team to support the association’s growing advocacy efforts. On Thursday, Autos Drive America announced two new hires, as Rory Heslington has been named vice president of government affairs and Colton Hotary steps into a newly created role as director of […] [Read More]
Tekion & 700Credit form product alliance to boost DMS capabilities with credit info
Friday, Aug. 27, 2021, 02:54 PM
SubPrime Auto Finance News Staff
This week, 700Credit announced a product alliance with Tekion and its Automotive Retail Cloud (ARC). Executives explained the new alliance will provide Tekion dealers with seamless access to 700Credit’s credit report and compliance platform, optimizing the sales process and providing a smooth workflow. Tekion has tried to challenge what it calls the traditional DMS paradigm […] [Read More]
CreditMiner integrates Equifax pre-screen technology into API solutions for finance companies & dealerships
Friday, Aug. 27, 2021, 02:50 PM
SubPrime Auto Finance News Staff
CreditMiner announced this week it’s now offering soft-pull pre-screen technology from Equifax as part of the CreditMiner API solution suite. The company explained this integration is designed to help auto finance companies and dealers provide real-time pre-approvals to consumers who are considering financing a vehicle. “As more of the car buying process moves online, we see […] [Read More]
IARA’s Long becomes newest member of NIADA’s Ring of Honor
Friday, Aug. 27, 2021, 01:53 PM
BHPH Report Staff
Among other awards given, the National Independent Automobile Dealers Association welcomed the newest member of its prestigious Ring of Honor. During Tuesday’s Leadership Awards, part of the 75th annual NIADA Convention and Expo at the Henry B. Gonzalez Convention Center in San Antonio, NIADA added Tony Long, executive director of the International Automotive Remarketers Alliance […] [Read More]
CBB promotes Biswah to senior vice president and general manager
Thursday, Aug. 26, 2021, 07:52 PM
Auto Remarketing Canada Staff
Auto Remarketing Canada included Yolanda Biswah among the Women & Automotive Profiles in Leadership three years ago. On Thursday, Biswah continued to show her leadership abilities, having landed another executive promotion at Canadian Black Book since joining the company in 2015. CBB announced the promotion of Biswah to be senior vice president and general manager. […] [Read More]
PODCAST: America’s Car-Mart chief financial officer Vickie Judy
Thursday, Aug. 26, 2021, 07:12 PM
BHPH Report Staff
America’s Car-Mart chief financial officer Vickie Judy appearance on the Auto Remarketing Podcast coincided with the company that has a network of 151 buy-here, pay-here dealerships celebrating another achievement. In the midst of celebrating its 40th anniversary, Car-Mart also was recently named to Forbes’ 2021 list of America’s Best Small Companies. The companies comprising the […] [Read More]
Experts see used sales ticking up in August with wholesale values gradually softening
Thursday, Aug. 26, 2021, 03:37 PM
Nick Zulovich, Staff Writer
With the month’s end in sight, experts from Cox Automotive, J.D. Power and TrueCar shared their expectations for August used-vehicle and new-model sales as well as how wholesale prices and residual values are trending. Beginning first with TrueCar’s used-vehicle sales forecast, analysts project dealers retailing 3.7 million units in August. While that’s roughly the same […] [Read More]
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