André-Martin Hobbs, Author at DecisioningIT

Financial challenges spur car buyer’s remorse, LendingTree, Credit Karma polls find

Owners in $75,000-plus households struggle more with car payments than the average consumer JOHN HUETTER – Automotive News Financial concerns are a key component of a vehicle buyer’s remorse, Credit Karma and LendingTree polling revealed late last year. A November Credit...

February 9, 2022

Is your F&I department keeping up with today’s car buyer?

F&I

Is your F&I department keeping up with today’s car buyer?

CBT News – Emil Banga | Dealertrack Over the last few years, the F&I department has undergone significant digital changes and continues to impact customer experience in big ways. Today on Inside Automotive, we’re taking a look at the positive...

February 7, 2022

The Lucy F&I Platform is now a Quebec Dealer Association Partner!

Car Dealerships F&I Latest News

The Lucy F&I Platform is now a Quebec Dealer Association Partner!

Montreal, February 2, 2022 – We are pleased to announce a new collaboration between the Quebec Dealer Association – CCAQ and Lucy, the artificial intelligence-powered F&I assistant! “I am extremely pleased with this collaboration because it demonstrates the legitimacy and...

February 2, 2022

Keyloop acquires leading DMS provider SERTI to offer full service automotive digital solutions across Canada

Car Dealerships Latest News

Keyloop acquires leading DMS provider SERTI to offer full service automotive digital solutions across Canada

1st February 2022. Keyloop, a global automotive retail technology provider, has today announced the acquisition of SERTI, a leading provider of Dealer Management Systems (DMS) in Canada. As its sixth acquisition since launching in March 2021, this marks another step forward in...

February 1, 2022

Experian expands credit-building tools for consumers

Consumer Credit

Experian expands credit-building tools for consumers

By SubPrime Auto Finance News StaffCOSTA MESA, Calif. – Another initiative to help finance companies cater to consumers with little or no credit backgrounds recently surfaced; this time from Experian. In what the company said is meant to further financial inclusion...

January 31, 2022

defi SOLUTIONS & Open Lending expand partnership to help captives

Automotive Finance

defi SOLUTIONS & Open Lending expand partnership to help captives

WESTLAKE, Texas – AutoRemarketing For captive finance companies interested in buying paper lower on the credit spectrum, assistance is coming later this year from defi SOLUTIONS, which recently announced expansion of its partnership with Open Lending. The service providers highlighted the expansion...

January 19, 2022

Digital Retailing

Where is digital retailing headed in 2022 and how can car dealers prepare? – Aaron Bickart | EVP at OfferLogix

From CBT News: We’ve seen tremendous changes as well as innovation in the automotive industry throughout the past year, so what’s in store for 2022? Today on Inside Automotive, we’re pleased to welcome Aaron Bickart, Executive Vice President and General...

January 18, 2022

Why car dealers are investing in AI technology for business growth – Peter Kahn | CDK Global

Source: CBT News – Artificial Intelligence, or AI, is changing the way many in the industry navigate retail automotive, and dealers are seeing the benefits. According to a recently released study from CDK Global, approximately 68% of dealerships believe the adoption of artificial...

January 13, 2022

Dealertrack’s Auto financing availability ticks slightly higher to finish 2021

ATLANTA – Autoremarketing.com Well, perhaps auto financing is starting to look more like it did before the pandemic wreaked havoc on so much of our daily lives. Cox Automotive said that access to auto credit expanded slightly in December, based on the Dealertrack...

January 12, 2022

Cox Automotive: Transformation Toward eCommerce in Automotive Retailing

Automotive Finance Digital Retailing eContracting

Cox Automotive: Transformation Toward eCommerce in Automotive Retailing

Source: CoxAutoInc. The way the world buys and sells vehicles is changing. It’s not happening all at once and the changes vary by retailer and consumer, but the industry is currently at a major tipping point in its transformation toward...

January 5, 2022