Vroom chief executive officer Allon Bloch was talking about the reconditioning software and processes of Texas Direct Auto when he paused mid-sentence. “I’m just going to kind of geek out for a second just to explain to you how it works,” Bloch said. He then described the steps TDA takes between acquiring a vehicle and […] [Read More]

Auto Remarketing learned that online used-car retailer Vroom agreed to purchase Texas Direct Auto, a store said to be the country’s largest privately owned independent dealership and an early adopter of online retailing. The transaction was announced Wednesday morning, and it gained approval from the Department of Justice that afternoon, according to the company. Funding the deal is a […] [Read More]

If you’re anything like the sports fans near Auto Remarketing’s offices in the area of North Carolina known as “Tobacco Road,”  the word “Raycom” immediately brings to mind ACC basketball. But Raycom Media’s tentacles go well beyond the Raycom Sports property with whom sports fans are familiar, including one recent transaction — its purchase of digital ad […] [Read More]

VehicleXchange LLC announced Monday that it has added automated GM Financial pre-qualification capabilities to its service lane lead solution. The tool, launched by Pearl Technology Holdings in January and otherwise known as “VX,” now allows dealers to pre-qualify customers through GM Financial within seconds. The VX system utilizes pre-screening technology from Experian to allow dealers […] [Read More]

CDK Global chief executive officer Steven Anenen will step down from his leadership post on June 30, the company announced, and taking on the CEO role will be Brian MacDonald, a current member of CDK’s board of directors. The company laid out its leadership transition plan in a news release on Friday, explaining that MacDonald will […] [Read More]

A new online vehicle broker service has recently hit the Web, and the inspiration for the new company stemmed from frustration with the current car-buying process. KosLo’s chief executive officer and founder Devin Koskan may not have a background in the auto industry — but he has, of course, purchased vehicles before, which helped spark […] [Read More]

Fans of piloting the Mercedes-Benz GLA in Nintendo’s “Mario Kart 8” can now continue dodging shells in another of Nintendo’s titles, “Super Mario Maker.” This free addition to “Super Mario Maker,” in the form of a special costume (Mario driving a GLA) and a custom-designed special event course in the game, is the latest in […] [Read More]

Cox Automotive’s Dealer.com announced Wednesday it has joined with Yahoo and Bing for their respective partner programs. Dealer.com today joins the new Bing Ads Elite SMB Partner Program, which the company says is for Bing business partners who have proven and trusted expertise in driving growth to both small- and medium-sized businesses via the Bing […] [Read More]

Analytics company CarStory has notched a patent for its CarStory Market Reports’ technology. CarStory parent company Vast.com Inc. has been awarded U.S. Letters Patent no. 9,104,718, titled, Systems, Methods and Devices for Measuring Similarity of and Generating Recommendations for Unique Items. The newly patented technology works to automatically compute similar alternative choices from a pool […] [Read More]

As announced last week, automotive companies will soon have three more domain extensions to choose from when crafting their Web presence: .cars, .car and .auto. The domains are being launched by Cars Registry — a joint venture between domain companies XYZ and Unregistry. To get some insight into what this means for dealers, Auto Remarketing reached […] [Read More]