Another startup launched this summer now has a tool designed to give both potential buyers and dealers insight about how retail prices are behaving up and down car rows and beyond in California. On Tuesday, newcomer CarlStreet announced the general beta availability of its CarlStreet Real-time Market Value (RMV) service. The company said the solution […] [Read More]

Faraday Future (FF) has appointed a new vice president of product, technology and intellectual property (IP) strategy who has previously spent time at both Tesla and Apple. The company announced Monday that it has chosen to bring aboard Jeff Risher to lead FF's IP strategy and patent portfolio efforts. He brings 20 years of experience in […] [Read More]

In an early meeting between the companies, the management at Lithia Motors posed this question to the co-CEOs of Shift, an online automotive marketplace: “Since all this stuff is so good and it works so well, what’s preventing you from scaling this thing quicker?” The answer Lithia got back “really opened our eyes up to the […] [Read More]

An acquisition that first came to light back in July came to fruition late last week. CDK Global announced that it has received all customary regulatory approvals and has completed the acquisition of ELEAD1ONE, a leading provider of fully integrated customer relationship management software solutions for automotive dealers. The company said the acquisition is expected […] [Read More]

Dealership inventory managers who are interested in honing their car-buying, car-pricing and car-merchandising skills can look forward to two days of training hosted by Lotpop and co-sponsor Strong Automotive Merchandising next month.  Lotpop announced Monday that it will host its first Dealer Workshop on Oct. 16 and Oct. 17 at the Kansas City Auto Museum in Olathe, […] [Read More]

The executive leadership team at LeasePlan USA has recently grown with the appointment of two new vice presidents who will be responsible for heading company operations and providing strategic leadership and organizational development, respectively. LeasePlan USA announced Wednesday that it has brought on Debbie Conrad Boyce to serve as executive vice president of operations and Alanna […] [Read More]

In the session description for Michael Perugi’s presentation at the Automotive Intelligence Summit (AIS) this summer, one of the takeaways was that “connected vehicles hold promises of transforming from a means of transportation to a smart system doing more than getting to a final destination.” Perugi, who is the automotive industry strategist/principal consultant at Acxiom, […] [Read More]

At a time when cyber threat defense is a top-of-mind issue, CDK Global has partnered to launch a new network security solution for dealerships that can provide 24/7 security protection to block hacking incidents. CDK announced Thursday that it has teamed up with managed network security service provider Nuspire to launch Network Protect, which is designed to provide […] [Read More]

Prospective students will have the opportunity to obtain a two-year, college degree in Subaru automotive technology through a new Subaru U backed program that's been created to address a growing demand for Subaru automotive technicians nationwide. Subaru of America announced Wednesday that, this fall, the first U.S. degree in Subaru automotive technology will be offered in […] [Read More]

Dealers working with Dominion Dealer Solutions’ Dealer Specialties no longer have to upload inventory to Facebook Marketplace manually. A new agreement with Facebook now allows dealers to list their inventory via an automated syndication feature. Dominion Dealers Solutions announced Wednesday that its Dealer Specialties portfolio company has entered an inventory syndication partnership with Facebook to enable dealers to automatically upload […] [Read More]