CarStory announced two new U.S. patents Tuesday morning, making it 11 patents for Vast’s automotive AI platform. The company also has 10 additional ones it has filed that are waiting issuance. As for the latest patents, they are: — CarStory Predictive Conversions Systems and Methods, which “details the methods for gathering intelligence based on every […] [Read More]

A dealer organization and a service provider are joining forces to comply with a new mandate coming in Tennessee involving vehicle recalls. Looking for ways to help Tennessee dealer members better identify safety recalls and streamline new recall compliance efforts requiring recall disclosure to consumers prior to sale, the Tennessee Automotive Association has entered into […] [Read More]

Alliance Inspection Management (AiM) recently launched AiMCertify.com for vehicle buyers and sellers. AiMCertify.com offers tiered inspection solutions — starting as low as $129 — for used vehicle shoppers and sellers through four product offerings: AiM Preferred, AiM Plus, AiM Premier and AiM Commercial. Each package includes: —A 150-point inspection —Bumper-to-bumper interior and exterior evaluation —A […] [Read More]

DealersLink recently announced it has brought aboard a new vice president of sales Josh Dougherty to head the recruiting, training and coaching of new company sales talent. Dougherty brings more than 15 years of auto industry experience, including sales and management positions with AutoTrader.com, KBB and vAuto. “I am very pleased to welcome Josh to our growing […] [Read More]

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]