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Latest Stories
Technology
You know more about online customers than you think
Friday, Oct. 2, 2015, 05:57 PM
Joe Overby, Editor
The online marketplace billing itself as the “first startup to take on, and successfully disrupt the pre-owned industry” has moved into the Washington, D.C. metro area. That company is Beepi, a car-buying and -selling tool that is expanding across the country and is now in 13 markets. But the peer-to-peer marketplace also has, well, peers. Vroom, […] [Read More]
Autobytel buys AutoWeb
Thursday, Oct. 1, 2015, 09:00 PM
Auto Remarketing Staff
Autobytel has added to its coffers yet again with the purchase of AutoWeb, a company that provides “an auction-based click marketplace” of in-market shoppers to dealers and automakers. Autobytel, which previously owned about 15 percent of AutoWeb’s outstanding capital stock, purchased the company in an all-stock deal. Autobytel said in its news release Thursday that […] [Read More]
Delivered: Cox Auto completes Dealertrack acquisition
Thursday, Oct. 1, 2015, 01:59 PM
Nick Zulovich, Staff Writer
To borrow some dealership vernacular, the delivery of Dealertrack Technologies to Cox Automotive finally rolled over the curb on Thursday morning. Cox Automotive said it completed its acquisition of Dealertrack in an all-cash tender offer to purchase all of the outstanding shares of Dealertrack. The transaction is valued at approximately $4 billion, or $63.25 per […] [Read More]
The Appraisal Lane signs Gettel Auto Group
Wednesday, Sep. 30, 2015, 08:26 PM
Auto Remarketing Staff
Continuing the theme of digital proliferation in the automotive industry, The Appraisal Lane announced Wednesday that the Gettel Automotive Group in Florida is the newest dealer group to put the company’s trade and communications platform solutions to task. Gettel has rolled out the The Appraisal Lane system across all 11 of its dealerships in the Sarasota, […] [Read More]
How Chrome fits into Cox-Dealertrack deal closing
Wednesday, Sep. 30, 2015, 08:17 PM
Nick Zulovich, Editor
Representatives from Cox Automotive and Dealertrack Technologies on Wednesday used the adjectives “important” and “key” to describe moves made by the Department of Justice to provide a pathway for the companies to finalize their agreement that’s been in the works since mid-June. Furthermore, Cox Automotive elaborated a bit about one element of the Justice Department’s […] [Read More]
DealerRater upgrades platform
Wednesday, Sep. 30, 2015, 07:26 PM
Auto Remarketing Staff
DealerRater has overhauled its dealer platform, the company said in a news release Wednesday. New to the review site is a customizable dashboard for dealers to view and track reviews, additional reporting capabilities, automated performance updates and a new mobile interface. Dealers can also build custom reports that track their reviews and reviews on their […] [Read More]
New car paint meter debuts
Wednesday, Sep. 30, 2015, 06:54 PM
Auto Remarketing Staff
Elcometer has rolled out a new auto paint meter known as Elcometer 311, the company announced this week. Among the key features shared by Elcometer include automatic switching between steel and aluminum panels, the ability to conduct 60 readings per minute, water-resistant design with built-in temperature compensation and more. “The truth is, you simply cannot […] [Read More]
DOJ spells out how Cox Auto can finalize Dealertrack acquisition
Wednesday, Sep. 30, 2015, 01:41 PM
Auto Remarketing Staff
The latest move by the Department of Justice showed how crucial DealerSocket is to the Cox Automotive acquisition of Dealertrack Technologies being finalized. In order to prevent Cox Automotive from holding an estimated 86 percent market share of that service segment, DOJ officials announced late on Tuesday that it will require Cox Automotive to divest […] [Read More]
Ken Garff group adds CarStory reports to dealer sites
Tuesday, Sep. 29, 2015, 08:04 PM
Auto Remarketing Staff
The Ken Garff Auto Group has added CarStory Market Reports to the websites of its nearly 50 dealerships. These reports embed research directly into the dealership VDP, with the aim of keeping consumers engaged on the site. Chad Bockius, a recipient in the inaugural Remarketing and Used Car 40 Under 40 and a speaker during the CPO Forum at Used […] [Read More]
‘Website texting’ now on Dealer Car Search sites
Tuesday, Sep. 29, 2015, 07:14 PM
Auto Remarketing Staff
With Dealer Car Search’s new “website texting” feature for its website customers, the company aims to improve the line of online communication between customers and the dealership. That’s according to Rick Wilson, the chief executive officer at Dealer Car Search, whose website texting solution links interested customers online directly to a salesperson in the office […] [Read More]
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