AutoIMS promotes Krishnamoorthy to COO

Auto Remarketing Staff

AutoIMS recently announced the promotion of Venkat Krishnamoorthy to chief operating officer. Krishnamoorthy most recently served as AutoIMS chief information officer, managing development, support and updates, and is recognized as a critical contributor to the success AutoIMS has enjoyed over the past 20... Read More

Joe Overby, Senior Editor

Uber drivers now have flexible vehicle leasing options through Fair. That become official on Tuesday, with the companies announcing that Fair is purchasing the active lease portfolio of Xchange Leasing, an Uber subsidiary. Fair is acquiring the portfolio — which includes existing contracts and vehicles —... Read More

Online deal-making part of Autotrader revamp

Joe Overby, Senior Editor

Autotrader announced a revamp of the car-shopping site Monday with five key upgrades, including online deal-making. This would will allow consumers to start the buying process online through Autotrader and help “move shoppers from searching to buying when they are ready,” the company said. Additional... Read More

Podcast: Mo Zahabi of VinSolutions

Auto Remarketing Staff

This week, Joe chats with Mo Zahabi of VinSolutions about whether dealers are meeting the demands of consumers in the car-buying experience, how to mend the online-to-in-store disconnect, what dealers can learn from Amazon and more. Check out the conversation from mid-December below. Download and subscribe... Read More

Auto Remarketing Staff

EVOX Images announced Wednesday that it has released the latest version of its RelayCars app after adding major updates that provide shoppers with more detail and vehicle research options during their virtual showroom tour experience.  The app lets users explore hundreds of make and models’ interiors and... Read More

Carvana launches delivery in Kansas City market

Auto Remarketing Staff

Carvana announced Wednesday that it has broadened its presence in the Midwest with the launching of free vehicle delivery in the Kansas City market. Customers in the Kansas City metro area can now shop Carvana’s more than 9,000 vehicles and schedule as-soon-as-next-day vehicle delivery. “Whether taking in... Read More

Arlena Sawyers , Correspondent

KAR Auction Services Inc., Cox Automotive, Black Book and CarGurus are among the companies making heavy investments in data and analytics to help  their customers buy, sell and price vehicles more efficiently, said those companies’ executives who attended Used Car Week in November. The idea, the executives... Read More

Auto Remarketing Staff

AutoGravity highlighted another milestone on Tuesday. The FinTech platform that leverages mobile technology to allow consumers to apply for financing said it surpassed $2 billion requested financing in 2017. Launched in 2016, AutoGravity rapidly expanded from 100,000 users in its first six months to more than 1.3... Read More