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]

Lotlinx has added former Hewlett-Packard executive Julie Cavanna-Jerbic to its board of directors to advise company leaders on how to sustain growth and better understand customers. Cavanna-Jerbic, who spent nearly 30 years at HP as a business executive and program leader, has been chosen to counsel Lotlinx as it continues to name new leaders across […] [Read More]

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]