Born from the close relationship involving Westlake Technology Holdings and Nowcom, Nowlake Technology is continuing to diversify its tech toolbox. This week, Nowlake and Informed.IQ announced the launch of an originations automation solution that can streamline the collection, analysis and funding of contract applications. The companies explained that Informed.IQ can analyze each application package, by […] [Read More]

White Clarke Group is set to have its second owner in five years. According to a news release distributed on Wednesday, IDS, a provider in enterprise mission-critical solutions for secured finance, has agreed to acquire White Clarke Group, a provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets. […] [Read More]

Perhaps there might be fewer consumers with soft credit profiles if Ally Financial’s latest initiatives to educate children are successful. In an effort to put the “lit” in Financial Literacy Month this April, Ally announced that it will lean further into its innovative approach to financial education by introducing several interactive programs that make learning […] [Read More]

Robin Hill has worn, and wears, a number of hats. Hill, who was an honoree in Auto Remarketing’s inaugural Women in Retail program in 2019, is an ordained minister, motivational speaker and is a client advisor at Hendrick Lexus Charlotte. She’s also an author, with one book, titled “Urban Joy,” published in 2013 and another, […] [Read More]

National Institute for Automotive Service Excellence president and chief executive officer Tim Zilke said automotive service professionals go above and beyond to provide essential services. They ensure that vital vehicles stay in service to perform their important roles and help keep the motoring public on the road, he said. Those are some of the reasons ASE […] [Read More]

NextRoad wants to help potential vehicle buyers overcome what might be two of their primary obstacles to taking delivery nowadays. The new service to purchase and finance vehicles online officially launched this week in British Columbia, as NextRoad looks to provides a transparent solution by matching individuals with quality vehicles based on financing and payments […] [Read More]

At this pace, dealerships are going to see their used-vehicle retail margins pinched tighter than when a salvage unit goes into the crusher. Not only did values for every vehicle segment included in Black Book’s Market Insights increase by more than 1% in a single week, but four categories also generated gains greater than 2%. […] [Read More]

Marketing executive Melanie Borden, one of Auto Remarketing's 2020 Women in Retail honorees, has joined LotLinx as vice president of marketing. Borden has worked in the automotive industry with public tech companies and private startups, and she was most recently with a New York dealer group. LotLinx said Borden joins the company at an important time […] [Read More]

Nearly three out of four intenders who planned to purchase a vehicle in the next six months said the pandemic changed their plans in some way, according to new research. The top change is that they were more focused on finding a good deal. The new research is from media planner Comscore, and the research […] [Read More]

AutoCanada announced Monday it has completed its purchase of British Columbia-based collision center PG Klassic Autobody. The Prince George body shop facility is more than 20,000 square feet and is close to AutoCanada’s Northland Chrysler Dodge Jeep Ram, Northland Hyundai, and Northland Nissan stores. AutoCanada is expanding its collision center footprint to align with its […] [Read More]