Dealerships that use Auto/Mate and Dealertrack now might have a smoother workday when putting deals together for potential buyers. On Monday, the companies announced a new integration that connects Auto/Mate’s dealership management system (DMS) to Dealertrack’s digital contracting. The DealerSocket business unit and the F&I solutions firm that’s part of Cox Automotive explained that the […] [Read More]

This week’s restart of the Paycheck Protection Program (PPP) could benefit dealerships and finance companies directly if they choose to apply for and are granted loans through this federal program. Or PPP could provide a trickle-down effect for stores and providers whose retail installment contract holders have had their finances impacted by employers suffering because […] [Read More]

Based on cash it generated during the past year, Equifax reinforced its fraud-prevention toolbox by signing a definitive agreement to acquire Kount, a provider of artificial intelligence-driven fraud prevention and digital identity solutions. According to a news release distributed on Friday, Equifax is paying $640 million in a transaction that is subject to customary closing […] [Read More]

It’s already been a tumultuous beginning to 2021, and Experian doesn’t expect it to settle much on the fraud front. With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian on Monday released its 2021 Future of Fraud Forecast that highlighted what experts believe to be five emerging […] [Read More]

Last year included several milestones for Emerging 8 honoree Lightico, including client growth, new executives joining the team as well as another $13 million in investment funding to help the digital customer interaction platform. Lightico co-founder and chief executive officer Zviki Ben Ishay joined the Auto Remarketing Podcast not only to discuss the company’s prospects […] [Read More]

This story appears in Auto Remarketing's upcoming Leading Dealer Groups issue. A sneak preview is available here to Cherokee Media Group Premium subscribers.  When Asbury Automotive Group announced the launch of Clicklane in December, one of the tool's used-car applications was that the end-to-end digital car-buying platform could help the retailer expand its pre-owned operations […] [Read More]

Carvana has started a new program to help its team members work toward completing an undergraduate degree. The program is called Carvana KEYS, with the acronym standing for Keeping Education in Your Sight. Through the internal initiative, Carvana team members can apply to seek financial and programmatic assistance toward earning their college degrees. Carvana KEYS […] [Read More]

The RVI Group has hired David McKay as vice president of business development and sales in the company’s passenger vehicle department. For the RVI Group, which offers residual value insurance and financial and analytical services, McKay’s responsibilities will include business development, which includes sales and product design. Auto industry asset value protection insurance products will be […] [Read More]

Leaders from fusionZONE Automotive and WheelsTV see dealerships needing to flourish in a “video economy,” so the companies finalized a partnership on Thursday with the intention of helping stores with their marketing efforts. The dealer website solution and provider of video test drive reports for more than a decade now are working together so fusionZONE will […] [Read More]

DriveTime Automotive Group and Bridgecrest Acceptance Corp. are adding to their workforces at a time when the U.S. still is shedding thousands of jobs because of the pandemic. The companies announced they will be hiring more than 500 full-time workers nationwide for roles in retail, automotive repair and customer service as part of their 2021 […] [Read More]