Carvana announced Wednesday that it has added Charleston, S.C., to its growing portfolio of markets. Charleston residents can now join Palmetto State drivers across Columbia and Greenville who can shop Carvana’s more than 9,000 vehicles and schedule as-soon-as-next-day vehicle delivery, the company said. “Charleston is a vibrant city that balances the traditional while always offering […] [Read More]

KPMG and TSI Auto Solutions announced Wednesday a new commercial partnership to launch business management software for Australian and New Zealand automotive manufacturers and dealer groups. As partners, according to the two companies, their plans are to come together to deliver both financial and non-financial performance solutions centered on key dealer performance metrics, business plan […] [Read More]

KAR Auction Services announced Wednesday it has purchased STRATIM, a mobility and fleet management software company. It’s a move that gives KAR a strong foothold in the world of on-demand car- and ride-sharing services, urban commute providers and autonomous vehicles — a world in which many of KAR’s customers already take part. Through real-time data […] [Read More]

ActivEngage announced Tuesday that it has brought aboard Jeff Clark to serve as its new vice president of sales. Clark is a sales leader with over 20 years of experience leading large automotive industry sales teams, the company said. "Jeff brings with him an abundance of sales expertise, key connections and invaluable relationship-building skills that we […] [Read More]

DealersLink, a provider of automotive systems integration and networking technology, announced that it has recently expanded its geographic reach after signing more than 100 new dealer members recently in Arkansas, Mississippi, Alabama, Georgia and Florida. Among the new clients are the following dealerships: —Susan Schein Automotive, Pelham, Ala. —Greg Orr Cadillac, Hot Springs, Ark. —Ross […] [Read More]

DealerFenix announced the release of its reporting and workflow automation system for dealerships on Monday. The DealerFenix platform is designed to improve consistency by helping dealers eliminate repetitive tasks, automate dealership workflow processes and easily track Key Performance Indicators. “For more than 20 years I have worked with dealers and watched the way they used […] [Read More]

ACV Auctions announced a $31 million round of Series C venture funding Tuesday that the company says will allow the online auto auction to double its footprint and expand coast-to-coast by year’s end. With this latest round — which was led by led by Bessemer Venture Partners, Tribeca Ventures, SoftBank NY and Armory Square Ventures […] [Read More]

Less than a week after announcing it purchased the active lease portfolio of Uber’s Xchange Leasing, Fair shared two more big moves on Monday: another round of funding and the purchase of vehicle-delivery app Skurt. As far as the capital raise, Fair secured a round of strategic equity funding that is led by Siemens-backed next47 global […] [Read More]

As the industry continues to fill with new operations looking to streamline vehicle delivery through online technology, an entrepreneur who spent 14 years with Ally Financial is rolling out a platform to connect buyers and dealers where the founder claims a testimonial declares: “Just try it. I promise you will be blown away.” Joydrive, which […] [Read More]

Infomedia announced Monday that it has appointed former Dealertrack Technologies executive Sharon Kitzman as president of IFM Americas following Karen Blunden’s departure. For over a decade, Kitzman most recently served as vice president and general manager of Dealertrack DMS. In addition to working as an executive and consultant to automotive technology companies, Infomedia said that […] [Read More]