Automotive marketing cloud company Orbee Auto recently named Peter Fong as chief revenue officer, stating that Fong could improve the company’s offerings “aimed at enabling automotive dealerships to more easily tackle the complexities of today’s digital marketing landscape.” Fong’s more than 26 years of industry experience includes various executive-level sales, marketing and brand management positions […] [Read More]

New-vehicle sales are sagging, and the COVID-19 pandemic has resulted in additional operational and financial challenges for Canadian dealerships. But dealerships are improving in the area of customer satisfaction, as well as increasing market share and per-visit cost for maintenance and repair of vehicles 4 to 12 years old. J.D. Power on Thursday released its […] [Read More]

On Monday, SiriusXM and General Motors announced an extension of their long-term agreement, continuing a relationship that began back in 2002. As part of the new agreement that now stretches into 2027, GM said it will increase vehicles equipped with SiriusXM to nearly all Chevrolet, Buick, GMC and Cadillac units beginning with model year 2021. “General […] [Read More]

Tim West is nearing the final hammer of his professional career in the wholesale industry. Black Book announced on Monday that West, the company’s vice president and North American auction director, plans to retire at the end of the year after more than 36 years with the company. “Tim is a trusted colleague and one […] [Read More]

Artificial intelligence (AI). In recent years, it has been touted as the future of nearly every industry. It is certainly the future of auto finance. In fact, it has already begun to transform several of the sector's key processes, such as credit decisioning. But there is some distance to go before AI can reliably underpin […] [Read More]

CRIF Select recently finalized relationships with Pentagon Federal Credit Union (PenFed) and Auto Financial Group (AFG). CRIF Select reached an agreement for an exclusive indirect financing partnership with PenFed Credit Union, which is headquartered in Tysons, Va., with more than $26 billion in assets and serves more than 2 million members in locations throughout the United […] [Read More]

Alleged fraudsters tried to cultivate quite a scheme in the Garden State during a two-year timeframe. Last week, New Jersey attorney general Gurbir Grewal announced that nine individuals have been charged with conspiring to use stolen identities to obtain New Jersey digital driver’s licenses which they used to fraudulently purchase and finance vehicles and watercrafts […] [Read More]

A company providing a solution primarily to just independent dealerships in Utah received a funding injection to broaden its customer base nationwide and with franchised stores, too. Carketa, the Utah-based developer of the Carketa Recon Software as a Service app and the Carketa Condition Report announced on Thursday that it closed a $1.375 million seed […] [Read More]

Impact Auto Auctions Ltd., the Canadian business unit of digital global marketplace IAA, said on Thursday it was shifting its online auction platform Impact AuctionNow to a “fully digital experience.” IAA developed AuctionNow, which is an adaptive platform used in the Canadian and U.S. markets. IAA says it developed the platform “to allow product enhancement […] [Read More]

A partnership between the Elway Dealership Group and Schomp Automotive Group has purchased Porsche Salt Lake City from Strong Automotive Group. Hall of Fame football player, John Elway, and business partner Mitch Pierce founded Elway Dealership Group in 2004. The group has holdings in Colorado and California. The Strong family in 1958 established Porsche Salt […] [Read More]