CDK Global was part of the parade of merger and acquisition announcements to surface following Thanksgiving weekend. On Monday, the provider of dealer management systems and integrated information technology solutions to the automotive retailing and adjacent industries announced the execution of a definitive agreement to sell its CDK International business segment (CDKI) to Francisco Partners […] [Read More]

J.D. Power has closed its purchase of ALG, a deal first announced in August. The company said in a news release Monday that acquisition of the TrueCar subsidary "will dramatically broaden its vision of automotive residual value forecasting, especially important as the industry prepares to launch a wave of new electric vehicle (EV) models and […] [Read More]

Enterprise Holdings is enhancing its cleaning procedures through a new initiative with Clorox. Enterprise says the collaboration reinforces its Complete Clean Pledge, which the company implemented to help customers feel confident as they begin to travel again. Enterprise Holdings’ Complete Clean Pledge is a commitment to health and safety practices throughout all of its operations. […] [Read More]

In the "about" section of its website, Orbee Auto describes itself as a company that is "on a mission to streamline and automate automotive dealership digital marketing." Atul Patel, who is Orbee's co-founder and chief operating officer, joins the Auto Remarketing Podcast to discuss the inspiration behind the company, its efforts with industry associations to help […] [Read More]

Drivably, a company that uses artificial intelligence to help dealers acquire used-car inventory from private parties, has lined up an investment from Porsche Ventures. The company said it will utilize the investment to expand its technology and footprint. Drivably’s technology uses deep analytics to help dealers buy vehicles from consumers at scale. It also provides […] [Read More]

In this episode of the Auto Remarketing Podcast, Drivably chief executive officer Tyler Hall is back on the show to talk about the company's investment from Porsche Ventures, Drivably's growth in the past year and its expansion plans. Plus, he explains why the private-party market is such an important area for dealers to tap into. To […] [Read More]

Digital marketing platform AutoWeb has appointed former Cox Automotive finance and operations leader Michael Sadowski as executive vice president and chief financial officer. In the position, Sadowski succeeds J.P. Hannan, who will remain with the company briefly to facilitate the transition. Sadowski’s appointment is effective Nov. 30. Sadowski’s financial and operational background includes more than […] [Read More]

On Monday, Auto/Mate rolled out a new enhancement for fixed-ops to its suite of dealership solutions. The business unit of DealerSocket introduced Recommended Services, a new, complimentary upgrade for users of its dealer management system’s service merchandising module. Auto/Mate highlighted that Recommended Services can enable both service advisors and technicians to suggest additional work for […] [Read More]

The retail and wholesale pieces of the auto dealer world have undergone great digitization, and a new program from Spiffy tackles what the company says is next in this “digital evolution.” It's the service department. The on-demand car care, technology and services company has launched Digital Servicing powered by Spiffy Dealer Solutions, a program that […] [Read More]

Digital and next-generation merchandising company Xcite Automotive has launched a dealer-centered service that it says can streamline the reconditioning and merchandising process of preparing vehicle inventory for sale. The service is called ReconLogic, and it can help get vehicles “retail-ready” in five days or fewer. Xcite describes that as a much faster turnaround than the […] [Read More]