vAuto founder Dale Pollak told the industry about the company’s new Stockwave sourcing tool earlier this week, and the industry innovator says the solution is designed to tackle four problems “all dealers have.” Pollak went over these four issues in an interview with Auto Remarketing shortly before the sourcing product was officially announced. Stockwave isn’t […] [Read More]

There was a paradigm shift that began two to three years ago, says DealerSocket’s Aaron Schinke, where people changed how they accessed the Internet, turning to a bevy of products that included not just smartphones and tablets but devices like Apple TVs, watches and Google Glass. More people were turning to these products than those […] [Read More]

Car Lister announced Monday the launch of its fully transactional e-commerce platform that allows dealers to buy, sell, trade and ship inventory to each other. The Dealer Wholesale Platform is now available for dealers to create national wholesale groups to manage movement of vehicles between members. According to Car Lister, the platform allows dealers to pre-select their […] [Read More]

Beepi said Monday it has formed a three-member advisory board that includes a wealth of experience in both the White House, U.S. Cabinet and the auto industry. Those advisers are: Larry Summers, who was the 71st secretary of the Treasury under President Bill Clinton. Summers also headed President Barack Obama’s National Economic Council and was […] [Read More]

Connected-car service provider Airbiquity released its 2016 industry predictions on Wednesday. Scott Frank, the company’s vice president of marketing, says we can expect the rapid pace of technology development related to connected vehicles to continue. "Automotive continues to face significant challenges—and opportunities—for connected car technologies and programs. The industry has only begun to scratch the […] [Read More]

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]