An Oklahoma-based law firm announced the filing of a securities class action lawsuit against TrueCar in U.S. District Court. On Friday, Federman & Sherwood announced that the complaint was filed Wednesday in the United States District Court for the Central District of California. In its news release, the law firm said: “The complaint alleges violations […] [Read More]

Black Book announced Wednesday it now has a mobile application designed for Spanish-language speakers. Black Book Digital en Espanol, a mobile application for Spanish-speaking dealers, remarketers and other automotive professionals, is a Spanish-language version of the company’s mobile application that provides the latest vehicle valuation data. Black Book cited the most recent Hispanic Business Automotive […] [Read More]

NADAguides.com announced Wednesday it has added various tools for motorcycles, RVs and boats, among others, to its mobile site. The tools will include access to pricing, specifications and other various tools for these other types of vehicles. Consumers accessing the site on a mobile device will now have unlimited access to suggested list price, low […] [Read More]

Cars.com said Tuesday that the site has reached a new milestone: 1 million consumer-generated online reviews of dealerships. The company launched the review feature four years ago. “We're proud to reach 1 million reviews for our dealer customers. It shows just how engaged Cars.com shoppers are during the dealership visit and the value they put […] [Read More]

Automotive social media and digital engagement company Digital Air Strike recently announced its reception of several honors, including four Stevie Awards from American Business Awards as well as an award for one of the company’s co-founders. The company has been named as a finalist for the following Stevie Awards for: Management Team of the Year […] [Read More]

Record360, a new property inspection and asset condition reporting dashboard and mobile app, hit the market earlier this month. The new tool, designed by former rental industry executives, is designed to simplify and automate the way companies manage asset condition reporting, as well as give consumers peace-of-mind they won’t be charged for damage they didn’t cause […] [Read More]

In announcing its purchase of Dealix and Autotegrity last week, Autobytel said it plans to grow the used-car side of its business.  So, Auto Remarketing reached out to Autobytel’s president and chief executive officer, Jeff Coats, to find out more about why the company saw a need to expand its presence in the pre-owned space. “The used-car […] [Read More]

Shoppers are turning more and more to the Web and their mobile devices for car shopping. In fact, according to Autotrader’s Car Buyer of the Future Study, 42 percent of new and used shoppers are now using multiple devices, a combination of items such as their desktops, laptops, tablets and cell phones to shop for […] [Read More]

Autobytel has acquired Dealix Corp. and Autotegrity, Inc. in a $25 million cash deal. The deal to acquire those two wholly owned subsidiaries of CDK Global, LLC includes a working capital adjustment, Autobytel said in a news release. Dealix is a provider of leads to dealers and OEMs, and also operates UsedCars.com. That site joins […] [Read More]

If you or anyone on your dealership’s staff is a newcomer to online wholesale buying and selling, the folks at ADESA have four recommendations to help you ease into this increasingly important avenue of remarketing. In a post to the company’s Overdrive blog — titled “Just Starting in the Online Auction World? Here’s What You […] [Read More]