One of the first Emerging 8 honorees continues to be on an upward trajectory more than a year after receiving the accolade during the Automotive Intelligence Summit. On Monday, TruDecision announced that its advanced analytic platform will be deployed by CIG Financial (CIG) to pursue improved performance and an enhanced dealer experience. Executives explained CIG […] [Read More]

Last Friday, Kathleen Kraninger celebrated her second-year anniversary as director of the Consumer Financial Protection Bureau by highlighting more than 70 accomplishments by the regulator during the past 12 months. “In these challenging times, I’m proud of the work that the bureau has undertaken to protect consumers during the pandemic,” Kraninger said in a news […] [Read More]

Cox Automotive recently launched a new industry measurement called the Dealertrack Credit Availability Index that’s geared to track how the auto-finance market is trending. For the first installment, analysts discovered credit availability continued to improve in November for all types of financing. Cox Automotive indicated the index improved 0.8% in November to 94.8, reflecting that […] [Read More]

Noting that it made the investment to expand its service to West Coast customers, auto retailer HGreg.com closed on its acquisition of Metro INFINITI Monrovia and opened a West Coast regional fulfillment hub. Those are both located in the Greater Los Angeles area. HGreg said that through the acquisitions, it can offer an expanded fleet of […] [Read More]

ReviverMX Inc. is developer of what it describes as the world's first digital license plate, and the plate works through an encrypted app with the ability to renew auto registration without paperwork and display various designs and banners. On Tuesday, ReviverMX said Black Star Fund has made a “significant six-figure” equity investment in the company. […] [Read More]

Consignment-to-retail used vehicle marketplace CarLotz has appointed Michael Chapman as chief marketing officer, noting that he brings more than 20 years of experience as a marketer and strategic planner. Chapman’s appointment comes after CarLotz’s October announcement it would become a public company via a merger with special purpose acquisition company Acamar Partners Acquisition Corp. The […] [Read More]

As part of Used Car Week's National Remarketing Conference, Cherokee Media Group will recognize our National Remarketing Executives of the Year, an award program presented by Auction Management Solutions.  Receiving this year's honors are Jackie Malik and Tony Markel, remarketing supervisors at Credit Acceptance.  Below is a Q&A with them. Auto Remarketing: For each of you, how […] [Read More]

The rush of mergers and acquisitions to close 2020 continued on Thursday with a development involving Wolters Kluwer and eOriginal. According to a news release, Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a leading provider of cloud-based digital lending software. It’s a deal the company said is for […] [Read More]

Sean Peoples, who has held leadership positions at CarGurus, Edmunds, Lotlinx and Chrome, has joined used-vehicle platform SureSale as vice president of sales. Peoples will work toward bringing SureSale’s platform to U.S. auto dealers, which the company said can help those dealers increase gross profits and accelerate inventory turn on their pre-owned vehicles. He previously […] [Read More]

Through its Mastermind Gives Back program, automotiveMastermind makes regular charitable donations on behalf of employees and dealer partnerships. Most recently, the company made a donation to the National Pediatric Cancer Foundation. Mastermind, a predictive analytics and marketing automation company, made the $10,000 donation on behalf of the company and its dealer partners in lieu of […] [Read More]