Archive | Auto Industry News

Cox Automotive Files Antitrust Lawsuit Against CDK Global

ATLANTA — Add Cox Automotive to the growing list of tech vendors and dealers alleging that CDK and Reynolds and Reynolds Co. conspired to eliminate competition for data integration services and seize control over dealer and third-party data. On Monday, Cox Automotive and its subsidiaries ... Read More »

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TransUnion: Subprime Pullback to Continue in 2018

CHICAGO — The overall consumer credit market is projected to remain on a healthy trajectory in 2018, but the expected growth in credit balances should be viewed as a reflection of consumer sentiment toward the economy than an indicator of consumers struggling to keep up ... Read More »

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ActivEngage Completes 700Credit Integration

ORLANDO, Fla. — Automotive live chat provider ActivEngage Inc. has integrated with 700Credit to offer the ability to pull credit inside chat conversations, the company announced. The feature will be added to ActivEngage’s ActivOne digital communications solution that launched earlier this year. As the automotive ... Read More »

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Ally Financial Names Successor to Retiring CFO Chris Halmy

CHARLOTTE, N.C. — Ally Financial Inc. today announced that Jenn LaClair will be joining the company as CFO designate, effective Dec. 18, 2017, with the intent that she be appointed to succeed Ally’s current CFO, Chris Halmy. Halmy is set to retire from his post ... Read More »

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Toyota Financial Announces Executive Leadership Appointments

PLANO, Texas — Toyota announced several executive changes across its North American operations, including within Toyota Financial Services (TFS). The automaker named Scott Cooke group vice president and chief risk officer at TFS, where he will be responsible for risk management across the company’s Americas ... Read More »

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Affinitiv Launches Analytics-Powered Marketing Platform

CHICAGO — Dealer and manufacturer marketing and technology services provider Affinitiv introduced the Connectiv1 platform, an end-to-end loyalty marketing solution designed to create connected customers for life. Connectiv1’s advanced predictive analytics engine makes it easy for auto dealerships to leverage their customer data and target ... Read More »

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