CU Direct said it has rolled out the next generation of itsonline auto shopping platform.

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The revamped CUDL AutoSMART features more than 1.5 million vehicles indealer inventory and provides a streamlined user experience thatconveys the feeling of walking through a car lot, the Ontario,Calif.-based lending, automotive and strategic services CUSOsaid.

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Members can shop across multiple devices, including smartphonesand tablets, and apply for auto loans.A soft touch log-in alsoenables members to save search results.

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Currently more than 1,000 credit unions are using AutoSMART,according to the company.

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CU Direct said the next generation of AutoSMART can help creditunions that are facing an increasingly competitive landscape forthe acquisition of auto loans.

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In the first quarter, credit unions captured 23% of all autoloan originations and continued to increase their market share,with auto loans comprising 31% of their total portfolio, accordingto CU Direct. Leasing and other finance segments remaincompetitive threats, the CUSO noted.

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Earlier this year, CU Direct created the North American Automotive Marketing Council to help creditunions from across the U.S. and Canada identify opportunities toexpand market presence and increase auto lending,

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