For Beepi president Owen Savir, working with some of the more traditional players in the automotive industry can be a mutually beneficial strategy. And in the online car-buying startup’s young history, it has already made moves in that direction. Ally Financial announced last month that it would be offering consumer auto financing products for vehicles […] [Read More]

MyDealerOnline announced Wednesday that it bolstered its funding by receiving $1 million right before the start of the new year. Having now received a total of $3.25 million in funding, the digital solution that allows dealers to broker wholesale inventory straight from their own websites says the additional funds will help it focus on increasing […] [Read More]

Various areas around the world, including college campuses, cities, residential areas, and peer-to-peer platforms have already or are in the works to be affected by General Motors’ vehicle-sharing initiatives. On Thursday, these initiatives united under one new GM brand: Maven. According to GM, Maven’s mission is to give customers access to highly personalized, on-demand mobility […] [Read More]

Businesses in the automotive space have to spend quite a bit of time familiarizing themselves with laws and regulations to maintain a compliant business within the regulatory environment in which they operate. How they are allowed to operate depends heavily on how regulators determine to interpret and enforce legislation. With hot topics like autonomous vehicles […] [Read More]

Eighty million auto shoppers. That’s how many people that Cox Automotive — through the websites its companies manage on behalf of dealers, as well as via Autotrader and Kelley Blue Book — touched last month alone. That’s according to Mark O’Neil, Cox Automotive Software’s chief executive officer, while speaking with American International Automobile Dealers Association president Cody Lusk on […] [Read More]

Edmunds.com launched a new product Wednesday that will allow dealers to connect with consumers looking to appraise their vehicles — and potentially generate used-car inventory and new leads for the dealer. So, how does Edmunds MyAppraise work? It begins by connecting with consumers who are already logging onto Edmunds (either by mobile or desktop device) […] [Read More]

A fully transactional e-commerce platform launched today by Car Lister allows dealers to buy used vehicles from private individuals — and take care of scheduling the inspection and transportation — directly from a mobile device. In essence, the Bring Your Best Offer program connects dealers with private sellers, who are given “a direct pipeline to […] [Read More]

Online pre-qualified monthly payment marketing technology DriveItNow finalized a partnership on Tuesday with Purple Cloud, a provider of retarget marketing for dealers. Executives explained that Purple Cloud technology will reinforce DriveItNow’s monthly payment shopping process by driving shoppers who abandon the dealer website back to complete the buying process. DriveItNow’s patent pending technology can display real […] [Read More]

CDK Global announced Friday that it is enhancing its Third-Party Access (3PA) Program with expanded participation from Cox Automotive’s variety of solutions. According to CDK, the aim of the agreement is to allow dealers the ability to more easily access their vital data and to ensure reliable and secure management of that data. "At CDK, we […] [Read More]

When you’re driving down the road, how many of the cars in motion around you are being physically driven by fellow humans? More often than not, all of them. Thinking of an answer to this question, today, may seem quite silly. By the time our millennial readers are old and gray, however, it won’t be. It’s well known […] [Read More]