Latest News Archives

Bloomberg’s Kevin Tynan shares his auto industry predictions for 2022

Much has taken place throughout the past year in retail automotive; from record acquisitions to the continued ‘chip-demic’. Throughout it all, dealers have remained profitable. On today’s show, we’re pleased to welcome Kevin Tynan, Bloomberg Intelligence’s Senior Automotive Analyst, who stays up...

December 31, 2021

Cox Automotive Canada has new leadership with Ola Ajayi-Salako

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Cox Automotive Canada has new leadership with Ola Ajayi-Salako

By Auto Remarketing Canada Staff – MISSISSAUGA, Ontario – Cox Automotive Canada has new leadership. On Monday, Cox Automotive announced that Ola Ajayi-Salako has been promoted to senior director, agile delivery, and will act as the site leader for Cox Automotive Canada,...

December 14, 2021

DecisioningIT Joins CDK Global Partner Program

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DecisioningIT Joins CDK Global Partner Program

Montreal, Qc – December 6, 2021 – DecisioningIT, the corporation behind the Lucy F&I Platform announced today that it has become a participant in the CDK Global Partner Program. As a member of one of the largest third-party partner programs...

December 6, 2021

Baris Akyurek of TRADER Canada had some good news to share with Canadian dealers

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Baris Akyurek of TRADER Canada had some good news to share with Canadian dealers

During a video presentation at the Auto Dealers Innovation Series, Baris Akyurek of TRADER Canada had nothing but good news to share with Canadian dealers. Source: AutoSphere – The speaker, who is passionate about the economy and the automotive industry,...

December 2, 2021

AutoVerify partners with iA Dealer Services

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AutoVerify partners with iA Dealer Services

LONDON, Ontario – Source: AutoRemarketing Canada. AutoVerify announced earlier this month that it has integrated iA Dealer Services products into its AutoVerify Spotlight piece of its digital merchandising solution. This partnership is designed to help dealers boost F&I penetration. AutoVerify said it...

November 30, 2021

Andre-Martin Hobbs of DecisioningIT Named as a Top 100 Auto Finance Innovator in 2021 Auto Finance Innovators Award

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Andre-Martin Hobbs of DecisioningIT Named as a Top 100 Auto Finance Innovator in 2021 Auto Finance Innovators Award

November 17, 2021 – DesisioningIT announced today that Andre-Martin Hobbs has been named as a Top 100 Auto Finance Innovator in the 2021 Auto Finance Innovator Awards which recognizes auto finance professionals who have made significant technological contributions to their...

November 17, 2021

The Lucy F&I Platform is now connected to D2C Media and Serti DMS

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The Lucy F&I Platform is now connected to D2C Media and Serti DMS

Let’s all celebrate over two new Lucy F&I Platform connections! Lucy is now linked to D2C Media inc, so leads generated by D2C-powered websites are routed to Lucy. In addition, the D2C CRM can now transfer clients to Lucy! Lucy can...

November 1, 2021

Vroom to buy United Auto Credit for $300M

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Vroom to buy United Auto Credit for $300M

NEW YORK – Another blockbuster acquisition in the used-car space surfaced Tuesday, this time involving both the retail and auto finance segments. Vroom said it has reached a deal to purchase United Auto Credit Corp. for $300 million in cash, subject to...

October 12, 2021

Cox Automotive to transition Canadian reporting structure into US operations

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Cox Automotive to transition Canadian reporting structure into US operations

(AutoRemarketing) Cox Automotive confirmed in a statement Tuesday that it is moving its Canadian reporting structure into its U.S. operations as part of plans to “simplify its structure for local and global customers.” Maria Soklis, who is president for Cox Automotive...

September 28, 2021

CDK adds insurtech platform with latest acquisition

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CDK adds insurtech platform with latest acquisition

The latest acquisition by CDK Global will give dealers an avenue to digitize another piece of the car-buying process: lining up car insurance for the consumer. CDK said Thursday has signed a deal to purchase insurtech company Salty Dot, Inc.,...

September 25, 2021