Competition in the vehicle history report space is heating up. Experian has made the latest move, adding a couple of big names to its AutoCheck product. Cox Automotive brands Kelley Blue Book and Autotrader announced they are expanding their strategic relationship with Experian to co-brand AutoCheck vehicle history reports on KBB.com and Autotrader.com vehicle listings. […] [Read More]

The top three findings from a recently commissioned total economic impact study of Experian’s global customers by Forrester illustrated what the company’s tools can do for clients. According to a news release from Experian, the study showed that the Experian Ascend Platform helps financial institutions improve credit and fraud decisions, offered a 183% return on […] [Read More]

This week, Chase Auto welcomed a former high-level Volvo executive to oversee one of its captive finance businesses. Michael Cottone joined the company as general manager to lead Subaru Motors Finance. In his role, Chase Auto highlighted that Cottone will work as an extension of Subaru of America to drive revenue growth, increase Subaru’s market […] [Read More]

Origence is intensifying its fight against fraud. The lending technology solutions provider for credit unions announced a strategic partnership with Alloy, an identity and fraud prevention platform provider. Origence said on Wednesday that this partnership can provide credit unions with a “scalable and highly effective solution” to grow their business by streamlining digital member onboarding […] [Read More]

Agora Data secured what it called a “milestone accomplishment” toward strengthening its position in the multi-billion-dollar public capital markets. The fintech innovator of advanced capital solutions in subprime and non-prime consumer finance on Tuesday announced the successful completion of its first rated asset-backed securitization — a $112 million transaction. Agora said the 144A auto loan […] [Read More]

Melinda Zabritski, Experian’s head of automotive financial insights and one of the analysts among this year’s Automotive Intelligence Award recipients, returned for another appearance on the Auto Remarketing Podcast. Zabritski described what elements were in place to help banks gain more market share during the first quarter, what’s intriguing about the buy-here, pay-here market, and […] [Read More]

Auto industry training platform RockED is teaming with NCM Associates, a provider of 20 Groups, consulting, coaching, training and data reporting in a partnership that will bring RockED to automotive dealerships nationwide. In a news release, RockED said the collaboration will give dealers training content intended to “close productivity gaps and drive greater efficiency at […] [Read More]

If there’s one thing Lithia & Driveway is not doing, it’s standing still. The industry’s most active dealership group in the buy-sell market continued its aggressive approach this week with the acquisition of two Mercedes-Benz dealerships in the South. The purchase of Mercedes-Benz of Jackson in Jackson, Miss., and Mercedes-Benz of Collierville in suburban Memphis […] [Read More]

Sometimes things can be too easy. That’s the premise of a new national ad campaign for Carvana starring actor Jon Hamm, designed to show how easy it is for consumers to sell their car to the online used-car retailer. In the campaign’s first 30-second spot, titled “Excuses,” Hamm tries to get out of an awkward […] [Read More]

The automotive retail industry is experiencing fundamental modernization. While much of the conversation has centered around electrification and digital retailing, another powerful force is quietly changing the way dealerships operate — intelligent machines. Often associated solely with sales or advertising automation, machines are increasingly being used to optimize back-end dealership strategies in areas like inventory […] [Read More]