Carfax peers into the future to predict reliability based on vehicle’s individual history
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Technology
PODCAST: Talking AI with Lance Schafer of LotLinx
Thursday, May. 10, 2018, 04:38 PM
Auto Remarketing Staff
Are you scared of artificial intelligence? If you have seen "Terminator 2," we totally get it. But AI could be also a positive development for the auto industry. In the podcast below, Lance Schafer, general manager of product and technology at LotLinx, talks about the role artificial intelligence could play in the car business, and how his […] [Read More]
DRN to help in recall notification via license plate recognition
Wednesday, May. 9, 2018, 07:23 PM
Auto Remarketing Staff
For those who follow the auto industry, when the name Digital Recognition Network is brought up, it’s likely to be associated with either the finance, fintech or repossession/recovery side of the business. But a move announced Wednesday could make DRN more of a household name on the retail side of the auto industry, as well. […] [Read More]
Wheels teams with Uber to leverage mobility solutions
Wednesday, May. 9, 2018, 06:24 PM
Auto Remarketing Staff
While mobility-focused technology continues to impact how individuals move each day, mobility solutions have also allowed fleets to use ride-hailing services like Uber and Lyft to better manage control costs and drive productivity. Automotive fleet management industry provider Wheels announced Wednesday that it has partnered with the Uber for Business platform to manage ground transportation […] [Read More]
International used-car sales startup receives $58 million in Series B funding
Wednesday, May. 9, 2018, 04:44 PM
Auto Remarketing Staff
The Berlin-based used-car sales startup that operates online automotive marketplaces in emerging markets across Latin America, Africa and Asia recently procured a total of $58 million in new funding. Frontier Car Group (FCG) has received $41 million in Series B from Balderton, TPG Growth, Fraser McCombs Capital and AutoTech Ventures, as well as an additional $17 million in debt […] [Read More]
NC receives 2nd Carvana car vending machine
Wednesday, May. 9, 2018, 10:00 AM
Auto Remarketing Staff
Carvana announced Wednesday the launch of its second car vending machine in North Carolina and ninth across the country. The Charlotte, N.C., facility is eight stories high and holds up to 32 vehicles. Charlotte was Carvana’s third market back in September 2014. The auto retailer also has machines in the Texas markets of Houston, Austin, San Antonio […] [Read More]
One year after first TV spots, CarGurus continues to gain audience
Monday, May. 7, 2018, 08:18 PM
Joe Overby, Senior Editor
In April 2017, CarGurus — still a private company at that point — launched its first-ever mass-media ad campaign, aiming to drive awareness among the general public. “We want to get people to think first and foremost about us as their shopping destination when buying a car comes to mind. And I think that’s something […] [Read More]
UnityWorks promotes exec to VP of strategic development
Monday, May. 7, 2018, 07:10 PM
Auto Remarketing Staff
UnityWorks recently promoted one of its own executives. The provider of nicro-targeted video campaigns for automotive dealers announced the promotion of Jeff Grice to vice president of strategic development. Grice joined the company in 2013 as director of strategic development with a focus on building scalable and customized, data driven video experiences for the company’s […] [Read More]
Volvo announces venture to enhance infotainment system with Google services
Monday, May. 7, 2018, 06:26 PM
Auto Remarketing Staff
Along with the launch of a new Vovlo Cars joint venture with Google to embed services into the Swedish automaker's infotainment system, recent technology development in the industry includes new augmented reality tech from Mercedes Benz USA and Kia Motors America, as well. Volvo Cars announced Monday that customers can now access Google Assistant, Google Play Store, Google Maps and other Google services through its newly […] [Read More]
COMMENTARY: Do Mom and Dad know about car subscriptions?
Friday, May. 4, 2018, 05:47 PM
Joe Overby, Senior Editor
Reporting on and being immersed in the auto industry every day often gives me a misguided gauge of the general public’s awareness of its interworking, trends and emerging technology. When I am unsure when something in automotive has become a household name, so to speak, my test case is often my parents. They’re news-savvy folks who […] [Read More]
New COO among 2 promotions at Dent Wizard
Thursday, May. 3, 2018, 06:58 PM
Auto Remarketing Staff
Dent Wizard International announced Thursday that it has promoted two more company leaders following the promotion of chief executive officer Mike Black last month. Addison Thomas has been promoted to chief operating officer and Doug Grill has been appointed to fill his most recent position as regional vice president of Dent Wizard’s Mid-South region. In addition […] [Read More]
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