IRVINE, Calif. — AutoGravity named replacements for its chief executive and chief technology officer (CTO), who reportedly left about two months ago. Alex Mallmann, who most recently served as president and CEO of Mercedes-Benz Auto Finance China, replaces AutoGravity’s co-founder and CEO Andy Hinrichs, who left in May, according to the Orange County Business Journal. The ... Read More »
HOFFMAN ESTATES, Ill. and ATLANTA — CDK Global Inc. today announced it has entered into a definitive agreement to acquire ELEAD1ONE. The value of the transaction, which was unanimously approved by CDK’s board of directors, was not disclosed. The deal was first reported on Sunday by The Banks Report, which described the acquisition as checking off ... Read More »
DALLAS, Texas — Staffing and customer engagement models are the top issues impacting the future health of the retail automotive industry, EFG Companies President and CEO John Pappanastos said today. The F&I product provider’s chief executive delivered his comments as part of a state of the industry address the company posted on its website. Pappanastos encourage ... Read More »
NEW YORK — Chase became the first national bank to join AutoFi’s digital retailing platform, the finance source announced today. AutoFi is a fintech firm that offers a digital retailing platform that connects dealers with finance sources and buyers. Under the new partnership, Chase will deliver financing terms online through the AutoFi platform. “AutoFi helps ... Read More »
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