Former Protective Asset Protection executive Rob Johnson was selected from a field of more than 100 applicants to serve as vice president of acquisition for Ascent Dealer Services. +
700Credit executives say an October cyberattack exposed the personal data of dealership customers and they have been working with NADA to craft a dealer action plan. +
U.S. dealers enjoyed gains in F&I profit per vehicle retailed, products per deal and monthly F&I income in the third quarter, offsetting losses in average front end gross and total gross per vehicle. +
DataBreach.io reports records stolen from 700Credit in an October cyberattack are being offered for sale on the dark web with an asking price of $8.4 million. +
iTapMenu’s new Remote Menu feature was designed to allow F&I professionals to deliver complete, interactive menu presentations to customers’ personal devices via text. +
PCMI has added administration software systems supporting contract and claims management to its growing technology stack with the acquisition of StoneEagle’s Enterprise Solutions Business Unit. +
Experian executives say the new Credit + Cashflow Score is their most advanced scoring system to date, combining credit, alternative, trended and banking data into one score. +
Dealertrack’s Credit Availability Index increased to 98.3 last month, offering a counter to affordability concerns and continuing a trend toward loosening conditions that began more than a year ago. +
Edmunds reports the average transaction price for a U.S.-sold pre-owned vehicle increased by 5% to $31,067 in the third quarter, accompanied by a four-day uptick in lot times. +
A strategic investment is designed to expand the reach of TecAssured’s protection product lifecycle management software and accelerate innovation in agent- and provider-facing solutions. +
