DealersLink released the newest iteration of its live online auction platform, AuctionLink 1.4, on Tuesday, highlighting the solution’s features that culminate in what the company claims is the one of the “most convenient, efficient and easy to use” online auction platforms. As listed by the company, the key features of AuctionLink include: Access to upstream […] [Read More]

Now that the acquisition of Dealertrack Technologies is complete, Cox Automotive shifted a top executive who served as co-president of the newest piece of the company portfolio into a new role. On Tuesday, Cox Automotive appointed Raj Sundaram to be chief client success officer, reporting directly to Cox Automotive president Sandy Schwartz. In this key […] [Read More]

There is a lot of buzz out there that many companies, including the auction giants with their subsidiaries, are looking at ways to “go around” auctions and lower prices to almost ludicrous value levels. The true buzz should not be discussing “going around” today’s technologically enhanced auctions, but rather seeing them as the core around […] [Read More]

String Automotive announced new agreements with several large dealer groups on Monday while also highlighting the new local-market focused upgrade to its Dealer Positioning System. String has entered new enterprise-level relationships with the March Hodge Automotive Group, Feldman Automotive and All Star Automotive Group. The company’s latest release of its Dealer Positioning System, or DPS, […] [Read More]

A handful of photos taken at the time of your customers’ deliveries could help drive up your word-of-mouth leads and repeat service. That’s the aim of Vboost’s recently improved “customercials,” which create a short photo package video for your customers that can be easily distributed and shared online and via social media. The company says […] [Read More]

Data-mining and sales-generation platform AutoAlert announced Thursday that it has combined its efforts with MotoFuze. The latter is best known for FuzeCast, its customer experience management (CEM) solution, that can combine content marketing, reputation management, social selling, employee engagement and dealership communication and integrate with any existing customer relationship management solution. Through their partnership, the two companies […] [Read More]

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 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]

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]

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]