The Internal Revenue Service sent a reminder to dealers this week that had nothing to do with filing tax returns or sending mandated funds to the federal government. Considering the recent ransomware attack aimed at dealers, the IRS is warning individuals and businesses to remain vigilant against these attacks, especially when criminals portray themselves as […] [Read More]

CRM provider DriveCentric is collaborating with inventory acquisition and management platform VINCUE to integrate VINCUE’s appraisal into the trade-in features of its platform. The partnership is designed to allow dealers to pull appraisals from VINCUE into DriveCentric alongside the existing trade-in vehicle push feature. In a news release, the companies said the new “push and […] [Read More]

Digital auto sales technology provider izmo Inc., has acquired Geronimo Web, a global provider of digital marketing programs for OEMs and dealerships, a deal izmo said establishes it as one of the largest providers of digital web platforms for automotive dealers across the U.S., Europe and South America. The combined company now serves more than […] [Read More]

Tech-enabled automotive service company Strolid has launched its first product. The Strolid Portal for auto dealers is designed to use actual customer conversations to provide operational insights throughout the entire dealership and reveal opportunities for improvement. Strolid said its new product, available to its sales and service BDC customers, allows dealers to listen to customers […] [Read More]

Impel, which provides an artificial intelligence-based customer lifecycle management platform to the auto industry, said Tuesday it has acquired Outsell in a deal valued at more than $100 million. The transaction includes cash and equity in Impel. The company said the purchase of the SaaS provider “establishes the auto industry’s first end-to-end AI sales and […] [Read More]

Online car bidding platform The Lasso, formerly known as Revv, announced it has raised $9.8 million in early-stage funding as it prepares to expand nationwide. The funding was split across three tranches and culminated in a seed round. Crosslink Capital and Manresa Ventures were the lead investors. Contour Venture Partners, Liquid2 Ventures, Ritual Capital, Correlation […] [Read More]

Car Wars is adding a timely element to its Mystery Shop Scorecard. The provider of call-tracking and phone-handling systems for auto dealerships said its system now includes on-demand reporting to provide near real-time insights from its recorded phone calls. Previously, Mystery Shop Scorecard data was made available through monthly reports, but after feedback from its […] [Read More]

Fullpath is joining up with General Motors and its dealers. The marketing automation and customer data platform (CDP) that was one of this year’s Emerging 8 honorees announced it has been selected as an approved turnkey certified provider for GM’s in-Market Retail (iMR) funds, a designation that gives GM dealerships access to Fullpath’s CDP and […] [Read More]

LotLinx executive chairman Len Short joins the Auto Remarketing Podcast to discuss the company’s new Vincensus report, a new monthly and quarterly analysis that shares real-time vehicle inventory data and insights. “Data is the key to your future. It’s the key to your competitiveness,” Short said in the interview. “Dealers are waking up to this […] [Read More]

Where is fraud most prevalent in the car-buying process and how can dealerships work to prevent it? QoreAI CEO Todd Smith addresses these topics and more in this Auto Remarketing Podcast with Cherokee Media Group senior editor Joe Overby. The company, which provides dealers with software to aid in identity verification, streamlined document management, and […] [Read More]