As the used EV surge arrives, Plug is ready and fully charged — with $20 million. The online auction exclusively for electric vehicles received $20 million in Series A funding, a round led by Lightspeed, with participation from Galvanize and existing investors Autotech Ventures, Leap Forward Ventures and Renn Global. Plug said the new capital […] [Read More]

Equifax launched two new Employment Insights solutions last week that are designed to provide a more complete picture of a buyer’s financial profile earlier in the car-buying process. Delivered alongside the Equifax Consumer Credit Report, the company highlighted the offerings can provide auto dealers with access to verified data from The Work Number, the large […] [Read More]

Last week, Odessa announced the appointment Vince Latchford as senior vice president of delivery management. With deep expertise in enterprise software delivery and client success, the asset finance software provider highlighted that Latchford will oversee delivery, customer success, implementation, and platform innovation strategies for customers across North America, driving exceptional customer experience, operational excellence and […] [Read More]

RouteOne launched a new product as well as a collaboration with another technology service provider involved with auto financing. First, the company announced details of RouteOne Insights Premium, a robust data extraction and intelligence solution designed to deliver greater insight into the complete vehicle purchase journey. Also, Alfa has announced a new RouteOne add-on for […] [Read More]

The market momentum continues to build for DriveItAway Holdings in its collaboration with Free2move, the global mobility brand of Stellantis, to launch Free2move Powered by DriveItAway, a national initiative that aims to “transform dealerships into next-generation mobility hubs.” Before the end of January, DriveItAway announced the launch of operations in eight additional major U.S. markets, […] [Read More]

Here’s some positive news to start your week, already filled with industry conferences, courtesy of Santander Holdings USA. The latest Santander US Paths to Financial Prosperity study showing middle-income Americans’ continued resilience and optimism, even as inflation concerns persist. Results from the Q4 2025 survey show that consumers’ confidence in achieving financial prosperity remains at […] [Read More]

Challenge Financial Services, a regional automotive finance company operating throughout the West, made two notable moves to wrap the first month of 2026. First, the lender appointed Brian Hopper as its new corporate chief credit and risk officer, working with Challenge Financial’s senior leadership and regional teams across California and Arizona. Also, Challenge Financial announced […] [Read More]

Zapmoto said Monday it has hired former AutoNation, CarMax and Spiffy executive Troy Blackwell as chief revenue officer. In this role, Blackwell will head up revenue strategy and partnerships as Zapmoto — which provides valet pickup and delivery of vehicles for servicing at dealerships — scales its business across the country. “Fixed ops win when […] [Read More]

EBlock Corp. has entered into a deferred prosecution agreement with the U.S. Department of Justice, Antitrust Division, and agreed to pay a $3.28 million criminal fine for charges of “entering into and engaging in a combination and conspiracy — through individuals who became employees as a result of an asset acquisition — to suppress competition […] [Read More]

Coinciding with President Trump on Friday announcing his nomination to be the next chair of the Federal Reserve, a vocal member of the Federal Open Market Committee (FOMC) offered more explanation why he was one of two policymakers who wanted an interest-rate cut earlier this week. Christopher Waller went against the majority that decided to […] [Read More]