Latest News Archives

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

DecisioningIT’s Rosa Hoffmann named an honoree of the 2022 Auto Remarketing’s 40 Under 40

Latest News

DecisioningIT’s Rosa Hoffmann named an honoree of the 2022 Auto Remarketing’s 40 Under 40

TORONTO, June 28, 2022 /CNW/ – Rosa Hoffmann, co-founder and chief executive officer of DecisioningIT, has been named an honoree of the 2022 Auto Remarketing’s 40 Under 40: Dealers Awards Program. The award, North America’s premier business recognition program in the automotive industry, recognizes the best...

June 28, 2022

TrueCar acquires Digital Motors to reinforce TrueCar+ marketplace

Digital Retailing Latest News

TrueCar acquires Digital Motors to reinforce TrueCar+ marketplace

Acquisition to help accelerate TrueCar+ product roadmap by expanding e-commerce capabilities SANTA MONICA, Calif., June 6, 2022 /PRNewswire/ — TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced its acquisition of Irvine, California based...

June 7, 2022

Brookfield to Acquire CDK Global in $8.3B deal

Latest News

Brookfield to Acquire CDK Global in $8.3B deal

BROOKFIELD NEWS, April 07, 2022 – Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN), together with institutional partners (collectively “Brookfield”) today announced an agreement to acquire CDK Global Inc. (NASDAQ: CDK) (“CDK Global” or the “Company”) for $54.87 per...

April 7, 2022

This March, the Lucy Credit Decisioning Platform staff was in Whistler with the Quebec Dealer Association

Latest News

This March, the Lucy Credit Decisioning Platform staff was in Whistler with the Quebec Dealer Association

André-Martin Hobbs and Annabelle Barrette, our DecisioningIT ambassadors, returned home yesterday after spending a few days in Whistler with the Quebec Dealer Association (CCAQ – Corporation des concessionnaires automobiles du Québec) and members from the Canadian Automobile Dealers Association (CADA) such as Tim Reuss, Huw Williams, Tim Ryan...

March 27, 2022

As auto prices soar, more buyers take out 6½- and 7-year loans

Automotive Finance Latest News

As auto prices soar, more buyers take out 6½- and 7-year loans

Source: CNBC – Phil LeBeau. The surge in auto prices in the second half of 2021 has pushed more consumers to take out auto loans that stretch beyond six years, according to a new report analyzing how millions of consumers...

February 25, 2022

Cox Automotive reaches finance-company milestone with titling tool

Automotive Finance Latest News

Cox Automotive reaches finance-company milestone with titling tool

ATLANTA, Feb. 23, 2022 /PRNewswire/ — Cox Automotive announced today it reached a new milestone with the addition of its 100th lender to Dealertrack Accelerated Title®. In a typical year, these 100 lenders originate nearly 60% of the auto loans in market.1 This combination...

February 23, 2022

The Lucy F&I Platform is now a Quebec Dealer Association Partner!

Car Dealerships F&I Latest News

The Lucy F&I Platform is now a Quebec Dealer Association Partner!

Montreal, February 2, 2022 – We are pleased to announce a new collaboration between the Quebec Dealer Association – CCAQ and Lucy, the artificial intelligence-powered F&I assistant! “I am extremely pleased with this collaboration because it demonstrates the legitimacy and...

February 2, 2022

Keyloop acquires leading DMS provider SERTI to offer full service automotive digital solutions across Canada

Car Dealerships Latest News

Keyloop acquires leading DMS provider SERTI to offer full service automotive digital solutions across Canada

1st February 2022. Keyloop, a global automotive retail technology provider, has today announced the acquisition of SERTI, a leading provider of Dealer Management Systems (DMS) in Canada. As its sixth acquisition since launching in March 2021, this marks another step forward in...

February 1, 2022