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Latest Stories
Technology
Developers leverage blockchain to pinpoint vehicle ‘birth’ and identity standard
Wednesday, Jul. 17, 2019, 05:48 PM
Auto Remarketing Staff
Your birthday is easy to identify since it’s on your driver’s license and other official documents. But what about a vehicle’s birthday? Pinpointing that fact is part of the latest project orchestrated by the Mobility Open Blockchain Initiative (MOBI), which includes several automakers as well as KAR Auction Services. The organization’s member-led vehicle identification working […] [Read More]
Prodigy’s new San Francisco office to help with sustained growth
Monday, Jul. 15, 2019, 06:45 PM
Auto Remarketing Staff
Prodigy describes itself as a seamless online-to-in-store sales platform for car dealerships, and the company says it has seen sustained growth with the addition of several large dealer groups. To keep up with that growth, Prodigy has expanded into new offices in San Francisco. The company says that with the larger office space, it will […] [Read More]
Xtime-Auto/Mate integration seeks to boost dealer customer retention
Monday, Jul. 15, 2019, 05:49 PM
Auto Remarketing Staff
A comprehensive vehicle inspection is an important step toward building trust, transparency and loyalty with customers of Klick-Lewis Chevrolet in Palmyra, Pa., said Warren Lewis of Klick-Lewis Chevrolet. “Having our Auto/Mate DMS deeply integrated with the Xtime Inspect module makes that critical relationship-building step so much easier and more efficient,” Lewis said in a news […] [Read More]
No matter the mobility, how connected the car, vehicle sales happen at a dealership
Monday, Jul. 15, 2019, 02:58 PM
Arlena Sawyers, Correspondent
Nothing frustrates consumers more than having spent hours researching and configuring a vehicle on third-party auto shopping websites only to find that the vehicle they configured doesn’t exist at the dealership, opined Richard Wallace, former vice president, transportation systems analysis, at the Center for Automotive Research, an independent, non-profit research organization. So it’s up to […] [Read More]
Joydrive lands more funding, relationship with Findlay and Gee
Friday, Jul. 12, 2019, 04:32 PM
Auto Remarketing Staff
Fueled by multiple funding rounds totaling $10 million, Joydrive also expanded its dealership client base by recently forging a relationship with the Findlay Auto Group and Gee Automotive. The online vehicle marketplace not only added Findlay and Gee as dealer members, but the groups also joined Joydrive’s advisory board. Joydrive said it raised $6 million in multiple […] [Read More]
flexdrive highlights growth during first half of 2019
Friday, Jul. 12, 2019, 04:28 PM
Auto Remarketing Staff
Vehicle subscriptions are changing the industry landscape and developing into a viable alternative to traditional purchasing and leasing models. Vehicle subscription provider flexdrive is benefiting from that change, noting growth in an array of areas during the first half of the year. The joint venture between market leader Cox Automotive and Holman Enterprises recently shared […] [Read More]
MAX Digital-LotVantage partnership aims to boost dealers’ social channel presence
Thursday, Jul. 11, 2019, 04:30 PM
Auto Remarketing Staff
Dealer-first automotive digital retail software provider MAX Digital believes competition from non-traditional dealers has never been stronger. Because of that, providing a smooth path to purchase is a must for dealerships to thrive in the coming years. With that in mind, MAX Digital has partnered with LotVantage, and participating dealers can now combine LotVantage services […] [Read More]
TradeRev in-app features aim for improved dealer experience
Wednesday, Jul. 10, 2019, 05:09 PM
Auto Remarketing Staff
Digital auction platform TradeRev has integrated two new in-app features, including “Buy Now,” which company president Becca Polak says opens a second-chance marketplace for buyers and sellers. Polak says the second feature, Third Party Inspected, provides an additional layer of trust for dealers, “so they can buy with confidence.” TradeRev, a business unit of global […] [Read More]
Protecting vehicle data from misuse, abuse and malicious mayhem
Wednesday, Jul. 10, 2019, 04:53 PM
Arlena Sawyers, Correspondent
Data and technology that power vehicles now and into the future must be protected from misuse, abuse and malicious mayhem. That was the consensus of panelists, speakers and others who attended cybersecurity sessions held as part of TU-Automotive Detroit’s automotive technology conference and exhibition in suburban Detroit, June 5-6. TU-Automotive Detroit provides a platform for […] [Read More]
Edmunds names CTO to lead technology team
Tuesday, Jul. 9, 2019, 07:02 PM
Auto Remarketing Staff
Online car-shopping site Edmunds has promoted Stephen Felisan to chief technology officer, and in his new position, he will lead Edmunds’ 152-member technology organization. Felisan, who was Edmunds’ director of engineering before his promotion to vice president of engineering and operations and eventually to his most recent role as chief information officer, will oversee all […] [Read More]
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