Smart AutoCare has hired former OptionSoft Technologies, Warrantech and Interstate National Dealer Services executive Christopher Murphy as the F&I product and services provider’s new president. +
Lotlinx has hired Randy Kobat as its chief commercial officer, overseeing a number of divisions dedicated to executing the dealer software provider’s innovation and growth strategies. +
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. +
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. +
Reynolds and Reynolds has launched Rey, a new agentic AI solution designed to help dealership professionals complete a range of tasks within the Reynolds DMS. +
The launch of Data Pipelines adds automated sync options for batch-differential updates and inception-to-date delivery to PCMI’s Policy Claim and Reporting Solutions platform. +
Arra Finance has agreed to acquire Crescent Bank’s automotive division, quadrupling origination volume and adding about 180 employees, $1 billion in assets and $815 million in existing auto loans. +
Reynolds and Reynolds has promoted Chris Walsh to acting CEO following the departure of former CEO Tommy Barras, who is seeking $300 million in damages for wrongful termination. +
Spectrum Automotive Holdings has established May 19 as National Automotive Dealer Day via the National Days Archive. +
Auto finance AI solutions provider Informed.IQ has partnered with Suncoast Credit Union, providing a “low-lift” integration designed to accelerate funding and enhance dealer satisfaction. +
