Web-based, in-dealership merchandising provider LotMonkey announced Monday its expansion into new Philadelphia; Louisville, Ky.; Long Island, N.Y.; and Northern New Jersey markets. Dealers in the four newly added markets can now use the LotMonkey platform to create and customize professional in-store and point-of-sale visuals for dealership lots, showrooms and service drives. LotMonkey marketing materials such as license plate inserts, […] [Read More]

Acxiom has agreed to a $2.3 billion cash deal to sell its Acxiom Marketing Solutions business unit to Interpublic Group, also known as IPG. Officials anticipate the deal will close by the end of the year. Once it does, Acxiom plans to transfer the Acxiom brand name and associated trademarks to IPG, an organization of […] [Read More]

New research from AAA could make the late-model vehicles in your inventory equipped with Apple CarPlay and Google’s Android Auto even more appealing to your dealership’s potential buyers, especially the purchasers who rate safety as one of the main criteria during the shopping process. According to a research project orchestrated by the AAA Foundation for […] [Read More]

Now there is a way auctions, dealers and fleet managers can have detail-level cleaning of a vehicle’s technology system just like the floor mats and upholstery. Privacy4Cars, a mobile process designed to help erase personally identifiable information (PII) from modern vehicles, recently announced that its namesake app, Privacy4Cars, is available as a free download on […] [Read More]

Car-sharing start-up HyreCar sought to generate $10.5 million via an initial public offering deployed in early June. The company surpassed that goal by more than $2 million On Friday, the company announced the closing of its IPO of 2,520,000 shares of its common stock at a price of $5 per share. HyreCar has received total […] [Read More]

This week, Carfax welcomed a unanimous decision by a three-judge panel of the United States Court of Appeals for the Second Circuit upholding the ruling of the District Court to dismiss a lawsuit filed against Carfax by Maxon Hyundai Mazda and approximately 470 dealers. Carfax said the Court of Appeals agreed that the dealers’ arguments […] [Read More]

Two partners in retention marketing and retention plans have come together to provide dealership prepaid maintenance plan and loyalty rewards customers a speedier service check-in experience that helps advisers yield more time for additional customers. The provider of prepaid maintenance (PPM) customer retention plans Fidelis PPM announced Tuesday that it has entered a new partnership with SmartTech Enterprises to simplify […] [Read More]

Michael’s Auto Plaza in East Greenbush, N.Y., accepts bitcoin — a perhaps more well-known, but still very little understood cryptocurrency — as payment for vehicle purchases. The reason is simple, said Michael Severance, the used-car store’s sales manager. If his customer has bitcoins and wants to buy a vehicle, he wants to sell it to […] [Read More]

Flexdrive announced Wednesday that the Florida Fine Cars dealerships will be using the car subscription and technology provider’s platform for its AmeriDrive vehicle subscription service in South Florida. The program will be available at the independent dealership’s four stores in Hollywood, Margate, Miami and West Palm Beach. Flexdrive, led by chief executive Jose Puente, is […] [Read More]

An Ann Arbor, Mich.- based startup building self-driving vehicles launched a new partnership in the heart of downtown Detroit to start transporting passengers in electric-powered shuttles among other cars, cyclists and pedestrians Wednesday. Following a successful pilot run of its electric self-driving vehicles on streets of the Motor City, May Mobility announced Tuesday that it has partnered […] [Read More]