Alfa acknowledged that some auto-finance companies still have questions about what artificial intelligence can do for their operation. To offer some potential answers, the provider of Alfa Systems, a technology platform for equipment and auto-finance companies, recently released its second whitepaper about artificial intelligence in the industry. The firm highlighted that its new whitepaper titled, […] [Read More]

The Servicemembers Civil Relief Act (SCRA) created another action by federal enforcers. Last week, the Justice Department reached an agreement with ASAP Towing & Storage Co. (ASAP) in Jacksonville, Fla., to resolve allegations that ASAP violated a federal law and the SCRA by auctioning off or otherwise disposing of vehicle owned by protected servicemembers without […] [Read More]

Agora Data reinforced its personnel going into next week’s National Independent Automobile Dealers Association 2020 Virtual Conference & Expo. On Tuesday, the finance-solution provider of predictive loan technology for buy-here, pay-here dealers announced that auto industry expert Chantelle Hardy has joined the business development team as vice president of portfolio solutions. The company highlighted Hardy […] [Read More]

ServNet has added two more auctions to its ranks, both of which are in the Western U.S. The auction group said in its latest online newsletter that Dealers Auto Auction of Idaho and Dealers Auto Auction of Las Vegas are now members of ServNet. The latter was recently acquired by the McConkey Auction Group, which […] [Read More]

Registration is now open for Used Car Week, which will be an all-digital endeavor this year, with content spread across four weeks this fall. Similar to a host of other industry gatherings, Used Car Week is shifting to an all-digital format that will still include the staples of the event — Pre-Owned Con, Auto Fin Con, Repo […] [Read More]

Predictive analytics and marketing automation company automotiveMastermind has integrated its Market EyeQ sales platform with CARFAX History-Based Value, or CHBV, noting that the integration comes at a time when dealers are using trade-in vehicles more to supplement inventory shortages and rising wholesale prices. Mastermind said with the integration, dealers will be able to choose CHBV […] [Read More]

After racing higher when auctions began to move vehicles through the wholesale market again after the outset of the coronavirus pandemic, values are starting to make a noticeable turn lower, according to Black Book’s newest COVID-19 Market Insights released on Tuesday. While the dollar amount might only fetch a drive-thru meal for you and your […] [Read More]

Independent dealership group Off Lease Only LLC has named former Herb Chambers chief executive officer Alan McLaren as chief operating officer, noting that McLaren will oversee the company’s day-to-day operations. Those duties include oversight of sales, finance & insurance, fixed operations and the business development center. As former chief executive officer at Herb Chambers, which […] [Read More]

Reputation management and social media engagement platform Widewail has launched an SMS-driven review generation tool that it says “gives businesses another lever to pull to automatically and continually generate content via SMS.” The tool is called Invite, and Widewail says it delivers a timely review response strategy that keeps customers engaged, satisfied and loyal. Stating […] [Read More]

John Hammer, who is chief commercial officer of KAR Global and president of ADESA, and Steve Jordan, who is KAR's executive vice president of dealer sales, join the latest episode of the Auto Remarketing Podcast.  They talk with Auto Remarketing's Joe Overby about the digitization of wholesale, dealer-related projects KAR has in store and much […] [Read More]