How can blockchain technology apply to car dealers, and how might they use it on a daily basis? Also,what type of companies could provide this type of technology in auto retaill? Pete MacInnis of eLend Solutions explains in the podcast below. After you give the podcast a listen, be sure to check out the agenda for […] [Read More]

With a focus on bringing dealers more accuracy and less headache, E-Drive Autos has released a new version of its interactive vehicle appraisal tool — TradeVue —  that has been augmented with integrated proprietary pricing algorithms and a fresh UX design, the company announced Wednesday. The company said that its newly released 2.5 version brings both dealers and consumers […] [Read More]

The rapid advancement in (and discussion about) autonomous driving capabilities could be the rare case in the automotive retail industry where the technology is moving faster than the consumer’s willingness to adopt. Seven years from now, there will likely be global shipments of 8 million consumer vehicles with SAE Levels 3 through 5 autonomous technology, […] [Read More]

Residents of three states can now access a carsharing marketplace where vehicle owners can provide their cars to carshare drivers seeking qualifying vehicles for their jobs. HyreCar, the peer-to-peer carsharing platform designed to facilitate carsharing for ridesharing, has launched in three additional states. The company announced Tuesday that vehicle owners and drivers in Hawaii, Iowa and Minnesota […] [Read More]

Car dealership data mining, sales-lead generation and communication solutions provider AutoAlert has received the Service Organization Control Type 2 (SOC 2) certification. The SOC 2 certification is the official recognized auditing standard for service organizations that have gained recognition as a top standard for secure and confidential information handling. According to AutoAlert, it is the only software company […] [Read More]

Columbus Fair Auto Auction (CFAA) is the latest to employ the inventory management platform from Cognosos that's built to provide automotive operations an effective and affordable way to track vehicles across both large and multiple lots in real-time. The auction announced Thursday that it has launched a new partnership with Cognosos, a supplier of enterprise Internet of […] [Read More]

A start-up in the electric-vehicle space is gaining momentum with the appointment of a former high-level Blue Oval executive. Faraday Future (FF) — which dubs itself as wanting to bring premium, intuitive and seamlessly connected electric vehicles to people worldwide — announced on Thursday that Michael Agosta has been appointed the position of vice president of […] [Read More]

motormindz has brought aboard Bruce Coventry to serve as new managing partner to head the company's automotive manufacturing and technology practice.       Conventry is an industry leader with 40-plus years of auto tech experience, who has spent his career working in manufacturing, industrial engineering, purchasing and product design. Conventry has previously held a variety of executive roles at General […] [Read More]

After launching in California nine months ago, Fair has plans to roll out its flexible used-car ownership to major markets throughout the U.S. in the second half of the year. At the forefront of that national launch will be former Tesla vice president Diarmuid O’Connell, who has been hired as Fair’s chief strategy officer. So […] [Read More]

Dealerships know how the haggling process often unfolds; one that sometimes irks potential buyers who are sitting at the desk while the salesperson scurries to the GM tower and back. Well, a car buying and negotiation platform is turning to mobile technology that's trying to smooth the process; perhaps saving some literal steps for store […] [Read More]