Joe Overby, Senior Editor

Online used-car marketplace Instamotor said Tuesday that financing is now available through its platform. Instamotor is working with direct-to-consumer auto finance companies to secure the financing for its customers, who now will be able to buy a vehicle and apply for/receive financing for the purchase through the same... Read More

AuSM Staff

Fast-food restaurants and gas stations often are open 24 hours a day. Darwin Automotive is aiming to provide a way that dealerships’ F&I offices can enjoy the same kind of availability. F&I software provider Darwin Automotive recently released what the company dubbed Darwin Online, a patented digital... Read More

AuSM Staff

Ally Financial announced Tuesday that it has appointed Josh Wilsusen to head the company's Washington office as its new managing director for public policy and government affairs. Wilsusen most recently served as executive director of government relations at Morgan Stanley where he represented the company both... Read More

AuSM Staff

After bottoming out in September, Swapalease.com noticed a rebound in vehicle lease transfer approvals in October. The site reported that vehicle lease credit applicants registered a 55.6 percent approval rate for October. The lease credit approval rate improved over previous month’s rate of just 47.6 percent,... Read More

AuSM Staff

The upcoming Auto Captives Summit will focus on the emerging digital models for selling auto finance as well as real world examples for success in the transforming digital world of automotive finance. The 3rd annual summit — titled “Think Bigger” — is scheduled for Jan. 25 at the London... Read More

AuSM Staff

Ally Financial announced today that ClearGuard, which provides protection coverage of up to $2,500, is now standard on all eligible vehicles dealers sell via its online wholesale vehicle auction platform SmartAuction. This news comes on the heels of this week's National Remarketing Conference, presented... Read More

AuSM Staff

Differences in the execution of the digital application process has contributed to a significant performance gap between top and bottom performing lenders, says J.D. Power’s latest U.S. Consumer Financing Satisfaction Study. The study measures overall customer satisfaction in the following categories: billing... Read More

Ray Kingman , Semcasting, Inc.

With apologies to Elon Musk, Google’s self-driving car initiative and even the rumored Apple car, Silicon Valley isn’t going to outperform Ford, GM, or Toyota on the assembly line. Mass producing cars just isn’t a core competency of Silicon Valley. What Silicon Valley excels at is disrupting... Read More

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