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. +
Kerri Wise has joined Lotlinx as chief marketing officer, bringing 25 years of industry experience to the inventory management solutions provider as it grows and leans into AI and machine learning technology. +
Southeast Toyota Finance’s Casey Gunnell Jr. will succeed the retired Bill Shope as president while Charles Gruszczynski and Michael Hollis have been promoted to group vice president. +
Assurant Vehicle Care Technology Plus is a new service contract offering coverage for high-tech in-vehicle components as well as common repairs to the customer’s smartphone. +
Former Honor Finance CEO James Collins has been sentenced to four years in federal prison and restitution totaling $67 million after pleading guilty in two bank fraud cases. +
