Latest News Archives

CarGurus Set to Fully Integrate CarOffer with $75 Million Acquisition Deal

CarGurus, a prominent automotive retail platform, has announced its decision to fully acquire CarOffer, a digital wholesale operation, by purchasing the remaining minority equity interests for $75 million in an all-cash deal. This transaction, expected to close in December, follows...

November 9, 2023

DecisioningIT Unveils Online Finance Application Tool for Instantaneous Lender Matching

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

DecisioningIT Unveils Online Finance Application Tool for Instantaneous Lender Matching

Source: Yahoo Finance TORONTO, May 29, 2023 /CNW/ – DecisioningIT, a leading technology company specializing in innovative financial solutions, proudly announces the launch of its cutting-edge online finance tool, revolutionizing the automotive lending industry. This groundbreaking tool utilizes advanced decisioning algorithms and...

May 29, 2023

DecisioningIT announced as Finalist for the CanadianSME Small Business Awards 2022 for their innovative vehicle financing platform

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DecisioningIT announced as Finalist for the CanadianSME Small Business Awards 2022 for their innovative vehicle financing platform

DecisioningIT, a leader in vehicle financing technology, is proud to announce that it has become a finalist for the CanadianSME Small Business Awards 2022. The company is changing the way consumers get financed, making it easier for car shoppers to...

April 17, 2023

Reynolds acquires American Guardian Warranty Services

F&I Latest News

Reynolds acquires American Guardian Warranty Services

Source: Auto Remarketing – In a transaction one top executive called a “industry changing,” last week Reynolds and Reynolds announced the acquisition of American Guardian Warranty Services (AGWS), a provider of vehicle service contracts, limited warranties and other F&I products...

February 1, 2023

Congratulations to Rosa Hoffmann on her nomination for Women of the Year with DMZ

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Congratulations to Rosa Hoffmann on her nomination for Women of the Year with DMZ

Congratulations to Rosa Hoffmann on her nomination for Women of the Year with DMZ! Your dedication and hard work in the tech industry are truly inspiring. Your efforts to empower and support other women exemplify leadership and excellence. We are...

January 18, 2023

Cox economist Jonathan Smoke breaks down 10 predictions for the future of the auto industry

Consumer Credit Latest News

Cox economist Jonathan Smoke breaks down 10 predictions for the future of the auto industry

Source CBT News – Over the past few years, our industry has experienced changes in inventory, high prices, and electric vehicles. Can we anticipate more of the same in the coming year? On today’s episode of Inside Automotive, Jonathan Smoke, Chief Economist...

January 11, 2023

DecisioningIT announces Steven Landry to its board

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DecisioningIT announces Steven Landry to its board

As an industry veteran, Landry’s experience will help enhance DecisioningIT’s position and future growth TORONTO, Nov. 14, 2022 /CNW/ – DecisioningIT is proud to welcome automotive veteran Steven Landry to its board of directors. “We’re honored to bring Steven Landry on as our board member,” said Rosa Hoffmann,...

November 14, 2022

Cox Automotive sells Canadian operations of Dealertrack, VinSolutions, Dealer.com, Xtime and KBB to TRADER

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Cox Automotive sells Canadian operations of Dealertrack, VinSolutions, Dealer.com, Xtime and KBB to TRADER

TRADER Corp. said Thursday it is acquiring Dealertrack Canada from Cox Automotive’s Canadian retail business, along with the Canadian operations of VinSolutions, Dealer.com, Xtime and Kelley Blue Book. The company said most Canadian Cox Automotive Retail employees will likely move...

November 10, 2022

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Welcome to the team, Jordan Lacroix!

Jordan Lacroix, we look forward to providing you with the best professional and personal opportunities. The entire team offers a warm welcome. We believe you will be an excellent fit due to your exceptional skills and personality, and we look...

September 30, 2022

Experian Q2 finance data reinforces shift to used vehicles

Car Dealerships Latest News

Experian Q2 finance data reinforces shift to used vehicles

Source: Autoremarketing The newest auto finance data from Experian reinforced the theory that consumers are taking delivery of used vehicles more often because of necessity. As the automotive market continues to face inventory shortages, analysts said consumers are shifting back...

August 29, 2022

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Category: Latest News

CarGurus Set to Fully Integrate CarOffer with $75 Million Acquisition Deal

DecisioningIT Unveils Online Finance Application Tool for Instantaneous Lender Matching

DecisioningIT announced as Finalist for the CanadianSME Small Business Awards 2022 for their innovative vehicle financing platform

Reynolds acquires American Guardian Warranty Services

Congratulations to Rosa Hoffmann on her nomination for Women of the Year with DMZ

Cox economist Jonathan Smoke breaks down 10 predictions for the future of the auto industry

DecisioningIT announces Steven Landry to its board

Cox Automotive sells Canadian operations of Dealertrack, VinSolutions, Dealer.com, Xtime and KBB to TRADER

Welcome to the team, Jordan Lacroix!

Experian Q2 finance data reinforces shift to used vehicles

AI in Auto Lending: A Smarter, Safer Future Powered by Intelligent Decisioning

Rising Consumer Debt and Auto Finance: Why Smarter Decisioning is More Critical Than Ever

The 5 Deficits of Legacy Auto Finance Technology — And How DecisioningIT Helps You Overcome Them

Consumer Anxiety Over Auto Loan Approvals Hits 15-Year Peak

Embracing AI to Navigate the New Normal in Automotive Retail

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