André-Martin Hobbs, Author at DecisioningIT

Cox Automotive’s Zo Rahim explains why prices for used vehicles continue to soar

Used vehicle pricing has increased significantly, so on today’s show, we’ll find out what’s behind the increase and what dealers can do. We’re pleased to welcome Zo Rahim, Manager of Economics and Industry Insights at Cox Automotive. The mid-month Manheim Used Vehicle...

June 12, 2021

Consumer Credit Digital Retailing

Autotrader’s My Wallet can generate specific financing details during online shopping journey

Well done Jessica Stafford & Autotrader US! When making a large purchase decision like buying a vehicle, Autotrader stressed that consumers need to understand not only how it fits into the overall big picture of their finances but also how it impacts their...

June 7, 2021

Opinion: What do Curomax and DecisioningIT have in common?

Automotive Finance Consumer Credit F&I

Opinion: What do Curomax and DecisioningIT have in common?

Curo-who you may ask? A coworker with lots of automotive financing experience, recently told me that if he could, he’d prefer Curomax over Dealertrack in a heartbeat. Apparently, they disrupted automotive financing 20 years ago. 20 years ago I though!...

June 2, 2021

Future Of Automotive Dealer Management System Market (CDK, Reynolds, Dealertrack, etc)

The newly added research report by DataIntelo on the Global Automotive Dealer Management System Market is a detailed guide to understand several factors that play a vital role in growth progression. The report is fabricated in such a way that fosters the...

May 30, 2021

Canada Drives expands online car-buying platform to Ontario

Car Dealerships Digital Retailing

Canada Drives expands online car-buying platform to Ontario

Thursday, May. 27, 2021 Canada Drives announced Thursday it has expanded its online vehicle-shopping and “to-your-door” delivery platform into Ontario. It debuted the platform in British Columbia last fall, a spokesperson confirmed, and plans to continue to expand throughout the...

May 27, 2021

DRIVING INSIGHTS: Canadians’ attitudes toward buying cars online have changed

Car Dealerships Digital Retailing

DRIVING INSIGHTS: Canadians’ attitudes toward buying cars online have changed

When we first asked car buyers if they would like to buy their next vehicle online, it was late 2019 and only 12% of Canadian used-car buyers were ready to buy entirely online. Since then, the process of buying a vehicle...

May 24, 2021

Paul Barnes on JD Power’s 2021 Canada Dealer Financing Satisfaction Study

Automotive Finance Automotive Lending

Paul Barnes on JD Power’s 2021 Canada Dealer Financing Satisfaction Study

To see a non-prime lender like iA Auto Finance near the top of this chart is quite an achievement. In a space where difficult conversations with clients (dealers) are every day events, they’ve managed to maintain a very respectable public opinion. Congratulations...

May 18, 2021

DealerSocket part of 2 pending acquisitions by Solera

Digital Retailing Latest News

DealerSocket part of 2 pending acquisitions by Solera

Identifix, Inc. / Solera Holdings announced that it will acquire DealerSocket as well as Omnitracs, a complete fleet management platform. “Solera is the driving force behind the rapid digitization of the vehicle lifecycle, delivering intelligent, data-driven, mission-critical solutions for our customers,” Solera chief executive...

May 17, 2021

RouteOne promotes 2 of its longest-tenured executives

F&I Latest News

RouteOne promotes 2 of its longest-tenured executives

Jeff Belanger now is RouteOne’s chief revenue officer and Amanda George is RouteOne’s chief product officer. Well done! 🙂 Belanger will have responsibility for driving growth amongst the organization’s revenue streams by leveraging and aligning all business development departments. Some of Belanger’s notable leadership...

May 14, 2021

AutoCanada increases used-car retail sales by 52%

Car Dealerships

AutoCanada increases used-car retail sales by 52%

AutoCanada increases Q1 used-car retail sales by 51.9% year-over-year. Here are a few interesting figures: 🚗 AutoCanada retailed a combined 9,734 used vehicles in the first quarter. 🚗 Used-vehicle revenue climbed from $229.36 million a year ago to $364.07 million...

May 12, 2021