Drive Motors changed its name while collecting $5 million in funding from a trio of sources, including Ally Financial. According to a recent news release, the provider of digital commerce solutions for some of the world’s largest auto retailers and brands, officially changed its name to Modal and raised $5 million of venture capital. Those funds […] [Read More]

Mobile marketplace OfferUp has expanded the work it does with car dealers. The OfferUp Autos program has added partnerships with marketing services, inventory management systems and dealership management system providers – meaning dealers using those providers will be able to post vehicles on OfferUp through respective platforms. The partners include the likes of Hammer, MotorLot, […] [Read More]

Roadster chief operating officer Rudi Thun sees some successful dealerships making great strides in smoothing out the friction points vehicle buyers experience. Thun described how those stores are doing it during this Auto Remarketing Podcast with Nick that originated during CU Direct’s Drive 19 Conference in May in Las Vegas. The full episode can be […] [Read More]

automotiveMastermind founder and co-chief executive officer Marco Schnabl says now that almost 300 Jaguar Land Rover retailers will have access to his company’s Market EyeQ product, those dealerships will receive data-driven insights of their entire market. That means those dealers can “provide an individualized approach for each customer, enhancing the overall experience and allowing dealers to […] [Read More]

Southeast Toyota Distributors has expanded its 15-year data relationship with data and technology company Acxiom, and the result will help Southeast Toyota Distributors better understand its customers and prospects, have meaningful conversations with them and lower the company’s cost of acquisition while improving conversion. Southeast Toyota Distributors, which describes itself as the world’s largest independent distributor […] [Read More]

With dealership competition as fierce as ever and consumers further recognizing the value of used vehicles, vAuto wants to be sure its tools are as sharp as possible. On Wednesday, the company expanded its proprietary suite of market data to all Stockwave users. The expansion included the introduction of vAuto’s Live Market View and Autotrader’s […] [Read More]

Brian Skutta’s professional automotive resume includes five companies — TrueCar, AutoAlert, VinSolutions, AutoTrader.com and now Spireon. Spireon announced on Wednesday the unification of its auto finance as well as franchised and buy-here, pay-here dealer product offerings into a combined automotive portfolio along with the appointment of Skutta as its president. Under Skutta’s leadership, Spireon said […] [Read More]

Loaner fleets are one of the most important sources of profitability at dealerships today, says the owner of a vehicle telematics firm. Now, because of a new partnership between that company — Guidepoint Systems — and modern fleet management platform, Dealerware, dealerships will be able to track vehicles with real-time GPS and track and recoup costs […] [Read More]

When a seller has more precise pricing with a higher degree of accuracy for the actual 17-digit VIN for the car that’s being remarketed at a point in time, the odds of the seller getting the most money for that car increase. That’s one of several benefits that DRIVIN vice president of commercial solutions Terrence […] [Read More]

Former General Motors International director of marketing and customer experience Mark Harland will join automotive professional services and technology company motormindz as a senior partner. In making the announcement, motormindz described Harland as “a global leader with an appetite for change and innovation.” Harland’s more than 20 years of global automotive experience at General Motors […] [Read More]