Recent News

Darwin Updates F&I Platform to Address Military Lending Act Rules

ISELIN, N.J. — F&I software maker Darwin Automotive today announced the integration of smart disqualify technology into its F&I platform. The update, which disqualifies F&I products based on Military Lending Act qualifications, was designed to...

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BMW, Daimler close to merging car-sharing units, exec says

Daimler and BMW are close to agreeing to combine their car-sharing services Car2Go and DriveNow, a senior executive at one of the carmakers told Reuters. ... Read More »

AutoGravity Reaches New Milestone

IRVINE, Calif. — AutoGravity’s car-shopping and financing platform surpassed $2 billion in finance amount requested in 2017, the fintech firm said this week.AutoGravity allows car buyers to browse thousands of cars and get up to four tailored finance...

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CNA’s Recaps Year of Milestones, Awards, Tech Advancements

SCOTTSDALE, Ariz. — CNA National (CNAN) paid more 400,000 claims in 2017, a year in which the F&I product provider introduced its new Z2 Series vehicle service contract program, processed one million contract transactions and passed the four million mark...

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Lending Tree: Used-Car Buyers Stretch for Some Brands

CHARLOTTE, N.C. — Online loan marketplace LendingTree has released the findings of its study on which car makes borrowers are stretching the most to afford. Contrary to popular assumptions, the results revealed that people aren’t going broke to buy...

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Hyundai-Kia class action case decertified on appeal

A federal appeals court overturned a lower court's decision to grant class certification to car owners who settled with Hyundai and its Kia affiliate over the fuel efficiency of their vehicles. ... Read More »

JD Power Enters F&I Space

COSTA MESA, Calif. — Global consumer insights provider J.D. Power announced the launch of J.D. Power Automotive Protection Products for new-car buyers. These finance and insurance products are available now at an expanding network of new-car dealerships across...

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Classes offered for coding flying cars

Udacity, the online education startup founded by self-driving car veteran Sebastian Thrun, is opening its digital doors to potential flying car engineers. ... Read More »

Oil demand to peak by 2030 as electric vehicles boom, predicts Bank of America

Peak oil demand may be just 12 years away. That's according to Bank of America Merrill Lynch analysts who predict that 40 percent of all car sales will be electric vehicles by 2030 ... Read More »

U.S. auto parts suppliers urge NAFTA compromise to cover engineering work

A trade group representing auto suppliers urged the Trump administration to adopt NAFTA automotive rules that cover research, engineering, design and software development work as part of North American regional value content goals. ... Read More »
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