Technology service provider AutoIMS says keys are a main reason for cost concerns and administrative burdens for its clients. That is why AutoIMS and High Tech Locksmiths have launched a new service that they say streamlines the key-ordering process for recovered vehicles entering the auction marketplace. The companies say the service will provide transparency to […] [Read More]

Gubagoo, a “conversational commerce” company for auto dealerships and OEMs, launched its Virtual Retailing service in February, describing it as a digital retailing service for automotive dealerships that is built on messaging and live video interaction. But on Monday, the company announced it has “successfully launched” Virtual Retailing with U.S. dealerships. In a separate announcement on […] [Read More]

A new agreement between research company J.D. Power and an industrial artificial intelligence and IoT software company will allow J.D. Power to “provide insight into the behaviors and failure modes of millions of connected devices,” according to J.D. Power’s president and chief executive officer, Dave Habiger. J.D. Power and Chicago-based Uptake Technologies will team to develop […] [Read More]

Spanish language automotive consumer website Autoproyecto.com provides Spanish-language content such as vehicle reviews, news, and buying tips for new- and used-car purchases. Media, insights, and marketing company Jumpstart Automotive Media said it has reached an exclusive ad sales representation agreement with Autoproyecto.com as its newest publishing partner. The alliance will give manufacturers access to a […] [Read More]

CarGurus chief technology officer Kyle Lomeli says open source code is “critically important” to how CarGurus builds its systems and products. In addition, he said, his company gets great benefit “from the altruism of the open source community." CarGurus says open source projects “provide the collaborative, open development of software code” allowing companies such as […] [Read More]

PSA North America’s Free2Move Carsharing Services launched late last year, calling itself a “free-floating carsharing company” in Washington, D.C. with no reservations required. Users can end their trip at any metered or residential parking area, and insurance and gas are included. The company said on Wednesday that it has reached a new milestone: 10,000-members. PSA’s […] [Read More]

A 2018 independent vAuto research study found that dealers make 22 trades per month on average. But 17.7 percent of those trades are a loss, according to dealer self-reported data.  vAuto, which is part of Cox Automotive, said that new functionality from its Conquest platform helps dealers make informed decisions on every inbound trade. New […] [Read More]

Digital retail is the "wave of the future" and a key focus area for DealerSocket this year.  In this episode recorded at NADA Show 2019 earlier this year, chief executive Sejal Pietrzak and chief product officer Brad Perry talk about that focus, artificial intelligence/machine learning and more. Plus, Pietrzak, who is a youth basketball coach, talks […] [Read More]

Perhaps for about the same amount as the fee you might have incurred using the ride-sharing service during your most recent business trip, you, too, can secure a public share offered by Lyft. In hopes of generating more than $2 billion, Lyft on Thursday announced the pricing of its initial public offering of its Class […] [Read More]

Ford autonomous vehicle engineer Leda Daehler remembers having a challenging vehicle shopping experience, searching for a Lincoln MKZ with a tan interior and adaptive cruise control. And Daehler had to drive eight hours to pick it up. Daehler’s fellow Ford engineer Arnold Kadiu experienced similar vehicle-buying frustrations. The two engineers came up with an idea […] [Read More]