Dealerships that eventually will have 2020 Toyota models in their inventory now have another feature to tout to potential buyers. SiriusXM announced on Wednesday that it has reached what the company called a “landmark” agreement with Toyota that will expand the installation of SiriusXM to all Toyota models and trims sold in the continental U.S.  […] [Read More]

Dealer-to-dealer digital auction platform TradeRev continues its work to help accelerate the dealer buying and selling experience, or in the company’s words, help dealers “move metal” faster and easier. With its MOVE METAL services, the company says users will see shorter auctions, flat fee transportation and streamlined registration. TradeRev announced that beginning on Feb. 5 it […] [Read More]

Cox Automotive has a new chief technology officer. Named to the position is David Brooks, whose most recent role was Manheim’s senior vice president of engineering. Brooks will report to chief product officer Marianne Johnson, and he will work alongside chief information officer Mitch Gersten’s enterprise tech team and product portfolio leaders. He has been with […] [Read More]

Automotive dealers have long used Facebook’s automotive inventory ads to reconnect with people who had visited their website or app. Now, Facebook has enhanced those ads to help dealerships reach more potential customers who have shown interest in purchasing a vehicle online. Citing a recent Facebook IQ survey, the social media company notes that 63 […] [Read More]

A new pilot program could help dealers integrate data science, predictive analytics and machine learning into the remarketing process to help save time and possibly increase sales margins and cash flow. KAR Auction Services has launched a pilot program for its Data as a Service (DaaS) suite of capabilities. KAR in 2017 acquired DRIVIN, which powers […] [Read More]

Technology company Xtime knows that the automotive industry faces margin compression, tightening competition and softening vehicle sales. Because of that, the company believes dealerships must reinvent the customer’s service department experience to increase customer loyalty and the dealer’s profits. At the NADA show, Xtime addressed those challenges by introducing new features to Spectrum, its cloud-based […] [Read More]

Two technology companies have entered into a strategic partnership that they say will help OEMs and dealers take advantage of the best current digital products to increase sales and service opportunities.   Autodata Solutions and motormindz announced the news at the NADA convention and said the collaboration will help auto manufacturers increase innovation and flexibility […] [Read More]

Manheim’s physical sites span more than 6,500 acres. That makes it a challenge to find some units quickly. On average, each vehicle is moved five to six times as it passes through service areas such as reconditioning, inspections and sale-day staging. The company moved vehicles 40 million times in 2018 alone. To ease that challenge, […] [Read More]

Predictive analytics provider automotiveMastermind has appointed Kos Jha as chief technology officer and Daniel (Dan) Malloy to vice president of sales. Malloy will work to expand Mastermind’s automotive industry presence by adding new brands, dealer groups and individual retail stores to automotiveMastermind’s portfolio mix. He previously served as national sales director for automotiveMastermind, which provides […] [Read More]

Dealerships with access to the automotiveMastermind (Mastermind) product can now deliver prescreen offers to consumers through a partnership between automotiveMastermind and TransUnion that will help dealers identify highly qualified customers coming to the dealership for service. The service is possible through serviceMastermind, which informs dealers when qualified customers are in the service drive. Customer data […] [Read More]