Another vehicle subscription start-up launched this week with an eye on being a simple and affordable alternative to traditional auto leases and financing GO announced its subscription service is available to customers throughout the Philadelphia metro area. GO said through a news release that it is now live in four states, including Pennsylvania, Florida, New […] [Read More]

A former Visa executive is taking an important role at TransUnion. On Tuesday, TransUnion announced the appointment of industry veteran Bill Shields as the company’s new chief information security officer (CISO). Shields comes to TransUnion from Visa and has more than 22 years of experience including senior leadership roles within information security for the last […] [Read More]

On Tuesday, Nova Credit and Westlake Financial launched a joint venture designed to make auto financing available to the more than 1 million immigrants, or “newcomers,” who arrive in the U.S. every year. More than 1 million immigrants arrive in the U.S. every year, according to the Pew Research Center, which also predicted that immigration […] [Read More]

VantageScore Solutions — which develops consumer credit scoring models that combine the need for both financial inclusivity and dependable predictiveness across all scoring ranges — appointed a new president and chief executive officer on Tuesday. Taking on this role is financial services industry and fintech veteran Silvio Tavares, who formerly was a senior executive at […] [Read More]

Black Widow, an automated imaging company in the automotive industry, announced a new chief operating officer Tuesday. Hired for the position is Darren Kemper, who was most recently the director of business analytics at ADESA. Kemper has more than 20 years of IT software engineering and organizational experience. He will take on the day-to-day operations […] [Read More]

Your family might be all about pumpkin spice to give your home that fall feel, but the wholesale landscape currently conveys a springtime vibe. [Read More]

It’s a good thing the remarketing industry is preparing for more electrics and hybrids to hit the market, because those alternative-powertrain vehicles continue to be among the faster sellers in the retail used-car market. With an average turn time of 16 days-to-sell, the Tesla Model 3 was the fastest-selling used vehicle in September, according to […] [Read More]

Evidently, thieves now have an affinity for trucks. On Tuesday, the National Insurance Crime Bureau (NICB) released its annual Hot Wheels report, identifying the top 10 most stolen vehicles in the United States in 2020. For the second year in a row, NICB said the Ford full-size pick-up was the model most targeted by thieves, […] [Read More]

CarMax and Sheehy Auto Stores are both expanding, but in different ways. While CarMax outlined its aggressive hiring strategy for the remainder of the year, Sheehy added two more rooftops to its portfolio of dealerships located near Washington D.C., Baltimore, Hagerstown, Md., and Richmond, Va. According to a news release from Performance Brokerage Services, the […] [Read More]

The American Bankruptcy Institute (ABI) and Epiq combed through all of the filing data that’s been generated through the first three quarters of the year to try to project what might happen during the remainder of 2021 and beyond. [Read More]