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ATLANTA — Cox Automotive announced the formation of Mobility Solutions group, a new business division focused in part on mobility as a service for consumers and fleets. It will also house the newly acquired Clutch Technologies, a technology platform powering subscription access for the automotive industry. “Cox Automotive is continually evolving — delivering digital retailing ... Read More »
Read More →ATLANTA — Used-vehicle sales continued their strong performance in the wholesale market in July, as an “abnormal bounce” that began in June continued through July with a 1.51% increase in overall values. The increase brought the Manheim Used Vehicle Value Index for the month to 136.9, a 5.1% increase from a year ago. Pricing from ... Read More »
Read More →CARMEL, Ind. — The first half of 2018 has been a strong year for used vehicle values, and a growth in upstream remarketing is playing a helpful role. Various factors had market analysts predicting that used vehicle values would suffer in 2018 — one of the largest factors being the expected off-lease tidal wave that ... Read More »
Read More →MOUNTAIN VIEW, Calif. — Connected device management and security provider Zingbox announced new research that shows how a car’s driver can be subject to cybersecurity attacks through the car’s “infotainment” system, the embedded operating system powering the iPad-looking displays found on many recent new vehicles. Daniel Regalado, Zingbox’s principal security researcher, has agreed to demonstrate ... Read More »
Read More →NORTH HILLS, N.Y. — Proprietary research, reports, and surveys show vehicles holding a title are nearly two times more likely to sell off auction lots on first pass than vehicles without titles. To help both dealers and lenders take advantage of this trend, Dealertrack’s breakthrough Accelerated Title solution creates cost savings through faster, electronic payments ... Read More »
Read More →GRAPEVINE, Texas — F&I Express today announced that MOXY Solutions is now on its platform. The integration of the Southern California company’s IMOXY platform adds aftermarket F&I product provider Red Shield to F&I Express’ network of more than 160 providers. MOXY provides a system designed to streamline the sales and deal closing process for product ... Read More »
Read More →NAPLES, Fla. — F&I product indirect lender Line\5 announced a number of additions to its award-winning range of auto dealer services, including a no-fee first payment default guarantee option and new funding options. Line\5 can fund many deals within 24 hours, but also offers a wide range of flexible funding options to help dealers with ... Read More »
Read More →TORRANCE, Calif. — Get compliance certified, hear from the F&I industry’s leading product providers, experience the latest digital retailing solutions, and learn from the industry’s top F&I trainers. That will be the scene this October at the Caribe Royale Orlando in Orlando, Fla., where dealers, F&I professionals, agents, and the F&I industry at large will ... Read More »
Read More →ORLANDO, Fla. — Robert “Bob” Harkins will serve as master of ceremonies for this year’s Compliance Summit and P&A Leadership Summit, both of which will be held as part of the upcoming Industry Summit, organizers announced. Harkins is a fixture of the Summit series of events due to his exhaustive preparation and boundless energy, said David ... Read More »
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