CarGurus saw double-digit revenue growth in the third quarter despite dealerships facing a tougher macroeconomic environment and consumers’ continuing affordability concerns. “While we have been encouraged by the sequential improvement at the dealer level, we do not believe that dealer enthusiasm has returned to 2025 levels driven primarily by dealer margin pressure. For the consumer, […] [Read More]

Turn Automotive, a driveway appraisal and guaranteed offer platform, said Monday it has partnered with DealNow, whose technology dealers can use to buy vehicles from private sellers. The partnership is designed to give dealers, “one complete process for buying from the street.” Dealers can use Turn to inspect and appraise a vehicle without the seller […] [Read More]

When multiple, separate entities independently develop and implement technologies, siloes can happen. As artificial intelligence and other tech innovations grow, a new initiative in the auto industry is looking to help make sure that doesn’t happen by focusing on “developing shared standards to help AI platforms and automotive systems work together across vehicle shopping, service […] [Read More]

Online speculation surfaced over the weekend on social media and elsewhere that fraudsters from the Dark Web hacked into VinSolutions, potential extracting thousands of consumers’ information from the CRM used by about 7,000 dealerships. Cox Automotive on Monday acknowledged “suspicious activity” that was “quickly contained” within VinSolutions. Here is the company’s entire statement about the […] [Read More]

Hertz developed Oro Mobility — a fleet platform designed to connect vehicles, tech providers and demand platforms at scale — to grow beyond the rental car business and prepare for “the next era of mobility.” The next era is arriving. On Tuesday, Hertz, which is still the platform’s majority owner, announced Oro secured an $80 […] [Read More]

On Tuesday, Vehlo consolidated its dealer solutions under the RapidRecon brand to create a unified platform. The company said Velocity Automotive Solutions products — including Recon Velocity, Velocity Engage, Velocity Window Stickers, and Velocity VINSight — now will operate exclusively under the RapidRecon brand. Vehlo explained the move will give dealers streamlined experiences, helping clients […] [Read More]

BizzyCar, a recall management platform for dealerships, announced last week that Simon Smith has joined the company as chief revenue officer. BizzyCar built its position by helping dealerships and OEMs close open recalls through two-way text messaging powered by its proprietary artificial intelligence agent. Smith arrived as the company is now expanding beyond recalls and […] [Read More]