Ask people in the auto industry what they think of car subscriptions, and you’re likely to get a range of answers as diverse as … well … the subscription platforms themselves. Industry consultant Maryann Keller, for example, did not pull any punches when sharing her thoughts during a keynote address at the Automotive Intelligence Summit. […] [Read More]

Bernie Moreno Companies (BMC) is now among a growing list of companies now accepting Bitcoin as a form of payment. Car buyers who look forward to bringing their business to any BMC dealership can now use Bitcoin and other cryptocurrencies for vehicle purchases and service payments, the company announced on Tuesday. “Giving clients more options is […] [Read More]

DDI Technology has garnered the endorsement of the South Carolina Automobile Dealers Association (SCADA) for both its electronic vehicle registration (EVR) solution and new temporary tag program set to launch next year. The software and service solutions company announced Tuesday that it is now the approved EVR and temporary tag and vendor for SCADA. “The decision […] [Read More]

Lyft Business has employed Salesforce's Pardot and Sales Cloud solution to help drive customer engagement and loyalty. Salesforce Pardot and Sales Cloud provides Lyft Business with a single platform that can help foster alignment between marketing and sales tasks such as discovering prospects, converting leads and boosting customer loyalty and engagement, Salesforce announced Thursday. “Lyft Business works […] [Read More]

Carvana made another finance-oriented move on Monday. The online used-vehicle retailer announced it is planning to offer, subject to market conditions and other factors, $300 million in aggregate principal amount of senior notes due in 2023. Carvana explained that it intends to use the net proceeds from this offering to pay its fees and expenses related […] [Read More]

DealerSocket, a leading provider of software for the automotive industry, on Friday announced the appointment of Gary Ito as chief financial officer. Ito brings three decades of financial and accounting experience to DealerSocket. The company indicated it will lead DealerSocket’s finance and accounting teams focused on driving revenue growth and expansion. He will also lead the […] [Read More]

Maybe visitors to your store’s website do not want pricing information to purchase a vehicle; but rather are looking for the cost of a specific replacement part or feature upgrade. To help stores with those inquiries, automotive live chat provider ActivEngage on Thursday announced a new strategic partnership with Auto Parts Kit. Offering automotive parts […] [Read More]

Jumpstart Automotive Media has entered an exclusive ad sales representation agreement with iSeeCars that makes  the car-shopping marketplace the newest member of the Jumpstart network. In a news release Wednesday, iSeeCars chief executive Phong Ly said: “We’re excited to be a part of the Jumpstart family of sites and to have access to some of the industry’s […] [Read More]

An executive who has held posts with Hearst Autos, CarMax, ADESA, Manheim and Dealertrack now is a part of The Appraisal Lane, a mobile app-based community connecting dealers with valuation experts and buyers to receive cash offers on used inventory, This week, The Appraisal Lane hired Jordan Walters as its new director of enterprise and […] [Read More]

Miami tourists and residents interested in an alternative to renting from a traditional car rental service can now connect to the developing Getaround carsharing platform. The provider of patented proprietary technology that lets drivers locate and unlock the vehicles of people in their city without having to interact with them has added Miami to its […] [Read More]