TradeRev now is completely part of the KAR Auction Services family of companies. KAR announced on Tuesday morning that it has acquired the remaining interest in Nth Gen Software, better known as TradeRev, which is a mobile app and desktop solution that facilitates real-time dealer-to-dealer vehicle auctions. KAR purchased a 50-percent stake in TradeRev in […] [Read More]

Drive Motors, a provider of ecommerce solutions for dealerships, said Tuesday it has hired former Showroom Logic executive Matt Weinberg as senior vice president of consumer experience. Weinberg was most recently chief strategy officer for digital marketing company Showroom Logic. “I’m excited to join the team during this pivotal phase for Drive Motors, a company […] [Read More]

CarStory announced a new partnership with Flick Fusion Video Marketing to combine its artificial intelligence-based autoindustry insights with Flick Fusion's SMARTFLICKS platform. Dealers can now automatically receive CarStory branded videos which can be added to their inventory at no cost. And Flick Fusion customers also have free access to CarStory Market Reports. "Anyone who has ever […] [Read More]

Autobytel is evolving as a provider of digital automotive services to connect potential vehicle buyers and dealers by changing its name. Effective next Monday, the company that started 22 years ago will be known as AutoWeb. In connection with this name change, the company’s stock ticker symbol will change from “ABTL” to “AUTO” on the […] [Read More]

AuctionVcommerce announced Friday it has introduced a new basic version of its Online ClerkTraining Simulator released in 2015. In recent years, auctions using the original program have requested a modified solution with minimal investment, according to the company. “My original vision included the idea that auctions would validate the certification with a new pay structure […] [Read More]

Announced Monday, RMS Automotive and Manheim has given independent U.S. dealers a new co-listing capability that provides access to all open sale vehicles listed on RPM, the Nissan and Infiniti digital sales platform powered by RMS Automotive. The open sale inventory on RPM will be simultaneously listed on Manheim.com and OVE, Monday through Friday, from 3 p.m. […] [Read More]

J.D. Power announced Monday it has promoted Thomas King to fill the new position of data and analytics senior vice president. King has served in senior roles at the company since joining in 2005. He most recently served as J.D. Power vice president of PIN OEM operations, digital marketing analytics and auto finance, where he led the […] [Read More]

Carvana announced Thursday that it opened the company’s newest vehicle inspection and perfection center in the Phoenix suburb of Tolleson, Ariz. The new center joins Carvana’s three others located in the Atlanta, Dallas and Philadelphia metro areas. As the used-vehicle retailer’s U.S. market expansions continue westward, the new center will both increase the number of cars […] [Read More]

Online auto financing platform AutoGravity reached a new threshold. The company said on Wednesday that it has surpassed $1 billion in finance amounts requested on the AutoGravity platform. Additionally, AutoGravity has announced the launch of real-time inventory for new and used vehicles from partner dealership groups across the nation. Shoppers can browse real vehicle inventory […] [Read More]

Online used-vehicle sales platform Instamotor announced on Wednesday that it will allow dealers and private sellers in California and Texas to list their available inventory for free on the company’s iOS, Android and web platforms. By listing on Instamotor, dealers will get: • Access to more than 100,000 serious car shoppers monthly • Free inventory […] [Read More]