André-Martin Hobbs, Author at DecisioningIT

Cox Automotive’s Randy Kobat shares the best practices and acquisition methods for used vehicles

How can car dealerships best maintain profit in today’s environment with low new car inventory and high demand for used vehicles? Randy Kobat, Vice President of Operations for Inventory Management Solutions at Cox Automotive, answers this question and more on today’s...

July 7, 2021

Consumer Credit Latest News

Fintech revolution in Pakistan

The silver lining that came with the Corona pandemic was the rapid move towards digitalization in different sectors of the economy that had previously been moving at a tortoise pace! Financial inclusion of the rural areas is, in particular, crucial...

July 5, 2021

CEO of DecisioningIT, Rosa Hoffmann, Shares How Dealers are Increasing Sales and Customer Satisfaction

Automated Decisioning Automotive Finance Automotive Lending Car Dealerships Digital Retailing F&I Latest News Non-Prime Financing Prequalification

CEO of DecisioningIT, Rosa Hoffmann, Shares How Dealers are Increasing Sales and Customer Satisfaction

by Sarah Marie June 28, 2021 in Business (New York Weekly) More non-prime consumers are getting behind the wheel now than ever before thanks to DecisioningIT. The fin-tech framework company uses an AI loan-matching platform that allows dealers to match...

June 29, 2021

Cox Automotive Pres. Steve Rowley discusses his perspective on the future of auto retail

Car Dealerships Digital Retailing Latest News

Cox Automotive Pres. Steve Rowley discusses his perspective on the future of auto retail

On today’s show, we sit down with the new President of Cox Automotive, Steve Rowley, to discuss his first nine months as President and his perspective on trends across the retail automotive industry. Rowley has 33 years of experience in telecommunications...

June 27, 2021

Cox Automotive Dealer Sentiment Index – Second Quarter 2021

Car Dealerships

Cox Automotive Dealer Sentiment Index – Second Quarter 2021

Jonathan Smoke, Chief Economist at Cox Automotive breaks down the latest Cox Automotive Dealer Sentiment Index. (You can find the Cox Automotive Dealer Sentiment Index – Second Quarter 2021 here and the full interview on CBT News here.) The latest...

June 25, 2021

What is driving the IPO rush in automotive technology? Which auto startup received $2.5B of additional funding?

Automotive Finance Digital Retailing Latest News

What is driving the IPO rush in automotive technology? Which auto startup received $2.5B of additional funding?

By Steve Greenfield, June 2021 (CBT News) – Wall Street’s record-breaking run for stock market flotations shows no signs of slowing down. With more than six months until the year ends, U.S. IPOs have already totaled $171 billion dollars, eclipsing...

June 21, 2021

Score another one for offering more F&I products online

Digital Retailing F&I

Score another one for offering more F&I products online

In a recent blog post by JACKIE CHARNIGA, we learn that dealerships believe a more diverse lineup of F&I products with different coverage tiers helps sell those products to digital retailing customers Source: https://www.autonews.com/fi-blog/score-another-one-offering-more-fi-products-online Extract: In a survey of 500...

June 16, 2021

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

Car Dealerships Latest News

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