Through a new partnership between Ambient Automotive and Auction Edge to integrate EDGE Pipeline auction run lists into Ambient’s dealer software Carbly VIN Scanner, dealers can view complete Pipeline auction listings for more than 165 U.S. auction locations. Carbly dealers can now browse EDGE Pipeline auctions to source their preferred inventory. At the same time […] [Read More]

CarGurus has wrapped up its purchase of a majority stake in CarOffer.  The company announced early Thursday evening that its acquisition of 51% interest in the automated instant vehicle trade platform, a deal initially announced in December, had closed. CarGurus also has the ability to purchase CarOffer’s remaining equity interest over the next three years. When it […] [Read More]

Digital logistics marketplace Autosled is the newest national membership benefit partner of the National Independent Automobile Dealers Association. And as part of the partnership, Autosled is offering NIADA member dealers a first vehicle transport discount. The discount is available to association members who join as new customers. NIADA director of business development James Gibson said […] [Read More]

While other segments of the economy are struggling, Equifax highlighted that vehicle sales showed strength at the end of 2020 in spite of the economic impacts of the COVID-19 pandemic. And Equifax is trying to help make sure the industry stays in that position through its latest solutions. To assist dealers and finance companies more […] [Read More]

MUSA Auto Finance now is fueled with technology provided by defi SOLUTIONS. This week, MUSA Auto Finance announced its partnership with defi SOLUTIONS to handle the day-to-day servicing of the company’s entire lease portfolio. MUSA said in a news release that it will now focus all its efforts on growing originations and creating what executives […] [Read More]

Fair secured a significant new path this week to grow its used-vehicle leasing business, announcing that the platform now will be offered through LendingTree, one of the largest online lending marketplaces. Through the partnership that Fair called a “true watershed moment,” visitors to LendingTree can be instantly pre-qualified for a personalized monthly payment for either […] [Read More]

Consumers who want an electric vehicle from Rivian will have a digital path to finance it. This week, Rivian announced that it selected Chase as its private-label partner to provide customers with what the manufacturer is calling a “truly digital-first vehicle financing journey.” The private label Rivian Financial Services is set to launch early this […] [Read More]

Vanguard Dealer Services chief executive officer James Polley announced two promotions this week of long-time executive within the company, a firm that has provided automotive consulting, dealership training and F&I products and services since 1999. Through a news release, the company said Mickey Quinn, a 30-year veteran and partner at Vanguard Dealer Services and an […] [Read More]

The pandemic and industry challenges created by COVID-19 didn’t slow Payix. This week, the provider of white-labeled collection tools and payment processing services to finance companies and loan servicers announced record-breaking achievements in 2020 in spite of those significant, well-known macro-economic headwinds. Among the accomplishments Payix highlighted are: • The company has achieved a three-year track record […] [Read More]

 A new CARFAX Canada service helps vehicle owners stay on top of car maintenance schedules and keep track of service records, including reminders that alert users of upcoming service recommendations specific to their vehicle. CARFAX Canada said the free service, called CARFAX Canada Car Care, makes taking care of a car easier than ever. Canadians […] [Read More]