AIM Group, an interactive media and classified advertising consultancy firm, claims in a report that via “an unusual business model” CarGurus has leapfrogged Autotrader.com and Cars.com to become traffic leader among automotive advertising sites in the U.S. In its 2017 Automotive Advertising Annual report, the AIM Group highlighted that it explores how “this low-profile company […] [Read More]

In early January, TrueCar shared several updates to its Dealer Pledge initiative for 2017, following up on the March 2016 overhaul it made in how it conducted business with dealers. These latest updates are among three focus areas for TrueCar in 2017, said president and chief executive officer Chip Perry. Auto Remarketing examined those updates […] [Read More]

Dent Wizard International announced this week that it has hired Jim Townsend as vice president of information technology. Most recently, Townsend served as vice president and chief information officer of Dylex Solutions, an IT consulting firm based in Atlanta. Dent Wizard said he brings expertise stemming from an extensive background in the technology field. “Jim […] [Read More]

Coinciding with the launch of its tool in Texas, Blinker — which contends it offers the only mobile app that allows people to buy, sell, finance or refinance their vehicle by simply snapping a photo — was selected as a winner of the 2017 South by Southwest (SXSW) Interactive Innovation Awards. Blinker was picked from […] [Read More]

Edmunds announced on Wednesday that it is teaming up with State Farm to provide the insurance provider’s customers access to its suite of online tools, such as its vast dealer network, expert car reviews, live shopper advice and pricing guarantees. State Farm is Edmunds inaugural partner for its new affinity program. The affinity program was established […] [Read More]

Carvana has launched its fourth Car Vending Machine, the company announced Wednesday. The San Antonio location joins fellow Texas cities Austin and Houston, along with the original Car Vending Machine in Nashville, Tenn. The eight-story glass structure in San Antonio can hold 30 vehicles and has four delivery bays. “We’ve been offering our free delivery […] [Read More]

Picture a coffee table at one of those beach rentals or family vacation homes. On one side of the table might be travel books, beach-reads and magazines — these are finished products that are signed, sealed and delivered. On the other side might be a guestbook, where vacationers sign their names and share stories from […] [Read More]

PERQ announced Monday it launched  Auto Website Conversion Course, a free series of online best practice tutorials designed to help dealers clean up their sites and create more potent conversion paths. Decluttering dealership websites and directing attention to targeted messaging, along with personalized  calls to action, can significantly increase click-through rates and lead data collection, according […] [Read More]

What is the difference between innovation and disruption? Is there a difference at all?  What areas of the wholesale remarketing industry are being disrupted, and what areas are ripe for change? Those are some of the questions posed during a session here at the Conference of Automotive Remarketing, and undoubtedly on the minds of many […] [Read More]

Mobile wholesale marketplace ACV Auctions has secured $15 million in venture funding in a Series B investment round led by Bessemer Venture Partners that the online auction platform will use to expand into additional markets. ACV secured $5 million in venture capital last year in a round led by Tribeca Venture Partners. It won the 43North […] [Read More]