André-Martin Hobbs, Author at DecisioningIT

EBlock buys TradeHelper & ESP Auctions

EBlock, a leader in the automotive auction industry and sub-brand of parent company, E INC, today announced the acquisition of TradeHelper, a dealer-to-dealer digital auction marketplace, along with its parent company, ESP Auctions, an independent auction located in Montreal. “This move...

September 8, 2021

Cox Automotive enters the EV battery business

By Kimberly Hurley (CBT NEWS) -September 6, 2021 Cox Automotive Mobility announced on Wednesday that it had acquired Spiers New Technologies (SNT), which is a leader in electric vehicle battery lifecycle management. Cox Automotive has been quite clear that it wants to be a...

September 6, 2021

F&I’s three-tier approach: Serve, Connect, Sell

F&I

F&I’s three-tier approach: Serve, Connect, Sell

By Adam Marburger (CBT News) We make things way too difficult in the F&I office. We often forget that people buy from people that they like and trust. We spend an abundance of time drilling and rehearsing fancy closes and word...

September 1, 2021

Retrospective: Top 25 finance companies findings from 2020

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Retrospective: Top 25 finance companies findings from 2020

SCHAUMBURG, Ill. (Subprime Auto Finance New) — The auto-finance industry’s appetite for the highest-risk paper declined in 2020. According to Experian’s Q4 2020 State of the Automotive Finance Market report, analysts discovered deep subprime originations of all contracts booked in...

August 31, 2021

Four tips for a top-notch virtual F&I sales experience

F&I

Four tips for a top-notch virtual F&I sales experience

By Kristine Cain (CBT News) Many industry experts are predicting that a slow exit from the worst of the COVID-19 pandemic and its effects on dealerships will force many to continue a trend towards offering digital or ‘no-touch’ deliveries. That means...

August 30, 2021

The entrepreneurs behind Dealer.com discuss their latest startup venture

Digital Retailing Latest News Marketing

The entrepreneurs behind Dealer.com discuss their latest startup venture

This CBT original series (Founder Focus with Steve Greenfield, founder of Automotive Ventures) dives into the inside stories behind some of the most impressive entrepreneurial journeys. In this segment, Greenfield sits down with the Co-founders of Fluency, Inc., a digital advertising automation platform...

August 29, 2021

Reynolds partners with DealerCorp to deploy deskit & stockit

Automotive Finance Digital Retailing F&I

Reynolds partners with DealerCorp to deploy deskit & stockit

DAYTON, Ohio – AutoRemarketing A dealership software company with a significant presence in the United States is looking to broaden its footprint to the North. Reynolds and Reynolds recently announced a new partnership in Canada with DealerCorp Solutions, a software company with...

August 28, 2021

National Auto Care acquires 5 more F&I agencies

F&I

National Auto Care acquires 5 more F&I agencies

Source: Subprime Auto News On Tuesday, NAC showed why as senior vice president of mergers & acquisitions Courtney Hoffman announced acquisitions of five Midwest and West Coast agencies that further accelerate its growth strategy that focuses on partnering with like-minded,...

August 26, 2021

Waning customer interest in cars swells loan size, payments for trucks

Automotive Finance Consumer Credit Latest News

Waning customer interest in cars swells loan size, payments for trucks

JOHN HUETTER – Automotive News Customers’ increasing preference for crossovers and SUVs means they’re making higher monthly payments and borrowing a few thousand dollars more to buy their vehicles, Experian said this month. Melinda Zabritski, Experian’s senior director of automotive financial...

August 24, 2021

Carlala – A Canadian Carvana inspired competitor to CanadaDrives

Digital Retailing Latest News

Carlala – A Canadian Carvana inspired competitor to CanadaDrives

AutoRemarketing – The Canadian online vehicle retailing space will have another participant by the end of the year. And it’s inspired by one of the well-known operations from the United States. Last week, TEDA International Auto Group — a multinational,...

August 20, 2021