Getaround said Wednesday it has raised $140 million in Series E financing, a round led by PeopleFund that puts the carsharing platform’s total amount raised at almost $600 million. In conjunction with the Series E round, the company has hired a chief operating officer, chief financial officer, a vice president of people & culture, and […] [Read More]

UPDATE: A previous edition of this story indicated the shares would start trading  on Wednesday. Shift has since issued a corrected news indicating they would start on Thursday. It’s official: Shift becomes a public company on Thursday, as its Class A common stock will start trading on Nasdaq. The previously announced merger between the used-car ecommerce […] [Read More]

Even beyond its announced sale of ALG to J.D. Power, it has been a busy news cycle at TrueCar. Company president and chief executive officer Mike Darrow joins the Auto Remarketing Podcast to discuss some of the latest happenings at TrueCar, including the company's latest news on the digital retail front, news around its affinity programs, its marketing […] [Read More]

Spiffy began as a mobile car wash and detailing service, but has since expanded to cover other aspects of car care, like oil changes, tire replacement and vehicle disinfection. And Wednesday, the company announced a trio of partnerships and a third-party marketplace that address the needs of vehicle ownership to an even deeper degree — and […] [Read More]

Quantum5 is a social advocacy platform that seeks to digitally transform automotive buying by shifting to a “lifetime value model” instead of the transactional model of the past. The company uses a “social advocacy learning platform” of dealership training on people skills and behavioral tactics that it says is necessary to succeed in the digital […] [Read More]

Fair announced in mid-September that it was launching 2- and 3-year used-car lease options for consumers, in addition to its existing month-to-month option. Chief executive officer Brad Stewart joins the Auto Remarketing Podcast discuss this new offering, share his thoughts on the overall market potential for pre-owned leasing and more. “These tailored lease options will […] [Read More]

In the latest episode of the Auto Remarketing Podcast, Widewail founder and chief executive officer Matt Murray joins the show to talk with Auto Remarketing's Joe Overby about how reviews have become a more integral part of the car-buying process. Plus, we talk about Widewail's pivot, its launch of Invite and how the company's name came […] [Read More]

A former leader with AutoNation and Sonic Automotive has joined Shift as its chief revenue officer, a newly created position at the used-car ecommerce company. Named to the post is Mark McCollum, who most recently was founder and chief executive officer at auto retail software company Automotive IntelliQuence. Shift, which is on its way to […] [Read More]

Tech-enabled advertising agency Stream Companies says it has been chosen as a premier partner in the FordDirect Advantage Digital Advertising program, noting that with the partnership, Stream now has access to more Ford and Lincoln consumer data. Stream says it has been in advertising for more than 20 years, and the company said the new partnership […] [Read More]

A new video advertising platform for dealer inventory from LotLinx uses AI capabilities to position video advertising segments on channels and streaming platforms that consumers use in the car buying research process. The platform is called, VINtv, and among the product features is automatic generation of video advertisements for each VIN in a campaign. Another feature is […] [Read More]