Manheim announced Friday it will deliver an omni-channel experience through its new Marketplace that brings together all channels into one integrated destination for buyers and sellers. The omni-channel experience will provide wholesale vehicle buyers and sellers increased opportunities to connect and transact business, according to Manheim. “We’re well on our way to creating a first-of-its-kind, omni-channel experience that […] [Read More]

Facebook announced this morning that the social media giant is launching new mobile ad features designed to help auto companies grow their customer base and reach new shoppers. No doubt about it. Mobile devices have changed and continue to change how people shop for vehicles. In response, Facebook announced a new set of mobile features […] [Read More]

Toyota Financial Services (TFS) announced Wednesday a partnership with Launch Mobility to develop a product designed to make previously leased vehicles available for short-term rentals to rideshare drivers. The companies are currently working on a pilot they expect to introduce to select markets by the end of the calendar year, according to TFS. “We are […] [Read More]

It’s been a busy fall for Carvana. After launching in the Las Vegas market in October, the company announced on Wednesday it is expanding into its 40th market—Bakersfield, Calif. Carvana, an ecommerce platform for buying used cars, advertises to its clients that after buying a car online, new vehicle owners can have that vehicle delivered […] [Read More]

After holding its IPO in October, CarGurus hosted its first earnings call as a public company on Tuesday. And results from the third quarter, which ended Sept. 30, didn’t disappoint. Total revenue for the online vehicle marketplace came in at $83.0 million, which represents growth of 56 percent year-over-year.  “We are very pleased with our […] [Read More]

Cloud-based incentive solutions provider Xactly announced Tuesday that Cox Automotive has begun using its platform to view data more strategically and design plans aimed at facilitating better performance across their sales organization. “People are our most valuable resource. We recognized that if we wanted to inspire our sales organization we had to first inspire the […] [Read More]

New research on online car shoppers released on Tuesday shows that car buyers are looking to engage with sales reps on dealership websites. In a new book from marketing technology provider PERQ — “Engage: No More Lead Traps! How to Improve the Online Experience to Increase Sales” —  the company contends car buyers expect what […] [Read More]

TrueCar announced Tuesday the winner of its DrivenToDrive veterans program van giveaway. Augusta, Ga., resident U.S. Army Veteran Major Peter Way will soon be receiving a retrofitted van that accommodates his physical needs, the company shared in a release. TrueCar presented the veteran with keys to the brand new cargo van on Veterans day this past weekend. […] [Read More]

Auction Edge announced Tuesday it will merge its EDGE Pipeline product with EDGE Lookout to provide independent auctions with a seamless web platform in December. The integration will include enhancements designed to bring less friction and more accessibility on all types of devices. In addition to being responsive to any screen size, key updates to […] [Read More]

LotLinx announced Tuesday that along with recently expanding its offices in the historic Downtown Chicago Loop, it has named Bob Sherman vice president of enterprise business development and Kim De Palma VP of enterprise partner development. The company said the recent expansion will allow it to accommodate its fast-growing team. These appointments follow the addition […] [Read More]