André-Martin Hobbs, Author at DecisioningIT

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

Partnership with Roadster allows TrueCar users to finalize their deal online

Automated Decisioning Digital Retailing eContracting F&I Prequalification

Partnership with Roadster allows TrueCar users to finalize their deal online

TrueCar president and chief executive officer Mike Darrow said that through the pilot program, TrueCar consumers at select dealerships will be able to build real car deals digitally. That includes finance terms. TrueCar said the enhancement addresses what it describes as pain...

May 10, 2021

What does Volvo’s direct-to-consumer sales strategy mean for car dealers – Don Hall, VADA

Car Dealerships Digital Retailing eContracting Latest News

What does Volvo’s direct-to-consumer sales strategy mean for car dealers – Don Hall, VADA

Electric vehicles sales will be moving solely online by the year 2030. Don Hall, President & CEO of the Virginia Automobile Dealers begins the conversation by discussing the issues related to manufacturers selling directly to consumers. The main issue is that...

May 4, 2021

Equifax wishes to help fintechs accelerate innovation with InnovationX

Automated Decisioning Latest News Prequalification

Equifax wishes to help fintechs accelerate innovation with InnovationX

According to a news release, InnovationX will be led by Peter Maynard, the newly appointed senior vice president of data and analytics for Equifax United States Information Solutions (USIS). “E-commerce and financial services have converged. Customers expect the same convenience, flexibility...

May 1, 2021

Car buyers advised to skip negotiating, pay sticker price during entrenched shortage

Car Dealerships

Car buyers advised to skip negotiating, pay sticker price during entrenched shortage

Chip shortages, factory shutdowns due to COVID outbreaks, and a lack of used car inventory from rental companies are all combining to create supply challenges on dealer lots nationwide. However, March is being seen as one of the best months...

April 28, 2021

Automotive Finance Digital Retailing

Rosa Hoffmann, DecisioningIT CEO

April 22, 2021 – The Canadian Lender Association (CLA) Auto Fintech Lending panel included our own Rosa Hoffmann but also Ilja Troitschanski from Axis Auto Finance, Tyler Thielmann from Canada Drives, Jason Appel from GoEasy and was moderated Amir Tajkarimi...

April 22, 2021

Payment Insights from Equifax leverages more alternative data

Automated Decisioning Consumer Credit Non-Prime Financing Prequalification

Payment Insights from Equifax leverages more alternative data

Equifax recently expanded its offerings connected with alternative data so finance companies still can cater to consumers with thin files or soft credit backgrounds. (Mark Luber) Developed in partnership with Urjanet, Equifax introduced Payment Insights, a cloud-based solution that promotes greater financial...

April 19, 2021

HGreg dealers win top Nissan sales awards in U.S., Canada

Car Dealerships

HGreg dealers win top Nissan sales awards in U.S., Canada

HGreg Nissan Kendall in Florida, and Hgregoire Chomedey Nissan in Quebec have earned the top spot in their respective countries. They earned the spots among more than 1,200 dealerships in the Nissan network in both countries. HGreg Nissan Kendall was named America’s No....

April 16, 2021

Which automotive startup received a $4B valuation? What is the current state of the SPAC market?

Digital Retailing Latest News

Which automotive startup received a $4B valuation? What is the current state of the SPAC market?

Steve Greenfield: Unless you’ve been living under a rock, you’ll know well that the popularity of SPACs, also called blank-check companies, has soared in the last year. While 2020 saw 248 SPACs go public, raising $83 billion dollars, this year...

April 9, 2021