Brockman bail conditions to continue

A federal judge ordered no changes to the bail terms for former Reynolds and Reynolds CEO Bob Brockman, who faces charges of tax evasion and wire fraud.

source https://www.autonews.com/retail/brockman-bail-conditions-continue

Lightico secures $13 million, reveals 2 auto lender customers

The capital secured from the latest investment round will be used to add scale to the software as a service company, grow its customer base and invest in its technology platform.

source https://www.autonews.com/finance-insurance/lightico-secures-13-million-reveals-2-auto-lender-customers

Diversity and inclusion across auto lending

From sports analogies to internal definitions, auto finance leaders discuss the importance of drawing on talent from different pools, and creating good tension and discussion that better serves auto finance customers and dealership partners.

source https://www.autonews.com/fi-blog/diversity-and-inclusion-across-auto-lending

Ford Credit: Legacy processes prop up barriers to diversity, inclusion

Removing relocation requirements, recruiting from a larger pool of universities and leaning on virtual internship programs are among the ways auto lenders can increase diversity, according to co-chairs of the Ford Credit Diversity and Inclusion Council.

source https://www.autonews.com/finance-insurance/ford-credit-legacy-processes-prop-barriers-diversity-inclusion

New York study touts marketing power of live auto shows

The study said 229,000 brand additions are made to shoppers' lists as a result of consumers seeing those brands at the New York show.

source https://www.autonews.com/marketing/new-york-study-touts-marketing-power-live-auto-shows

Rivian will offer 2 ways for customers to get vehicles fixed

Rivian CEO RJ Scaringe for the first time explains how Rivian customers and Amazon will be able to get their vehicles serviced. The company will open 41 brick-and-mortar service centers and offer mobile service.

source https://www.autonews.com/service/rivian-will-offer-2-ways-customers-get-vehicles-fixed

Cars.com narrows Q3 net loss, adjusted results improve

The Chicago dealership services and vehicle listings company showed signs its business is recovering from the effects of the coronavirus pandemic.

source https://www.autonews.com/dealers/carscom-narrows-q3-net-loss-adjusted-results-improve