TrueCar announced late last week that it is bringing its legal team in-house by hiring three new leaders. This trio — consisting of Troy Foster, Johnny Stephenson and Jeff Swart — joined TrueCar after years of experience working for the company’s outside regulatory and corporate counsel. Foster, the new chief legal and compliance officer, is […] [Read More]

Xcira announced the development of a patented handheld condition reporting system that is designed to increase the efficiency and accuracy of the vehicle inspection and condition reporting process.  The latest in a series of technological solutions developed by Xcira is called the ICE (Intelligent Condition Evaluator). “Xcira continues to define the auction industry with support […] [Read More]

Another free, online financial assessment tool has hit the market this week designed to give consumers a quicker, more convenient way to tell if they can afford dealer quotes. Requisite Press has launched AffordCheck, a financial assessment tool based on the 20-4-10 auto financing rule, which consists of a minimum 20 percent down payment, a […] [Read More]

Dealertrack Technologies announced Tuesday afternoon that it has acquired ASR Pro, a company that provides Web-based electronic multipoint-inspection and fixed operations services for dealers. Approximate total consideration for the purchase includes $12 million in cash and $2 million in Dealertrack shares — all of which would be subject to standard purchase price adjustments. Dealertrack also […] [Read More]

Online marketing company Net Driven is continuing its expansion into the automotive industry with a few new tools for dealers, along with a grand opening for its new headquarters. The Pennsylvania company will be moving to its new headquarters in Scranton, Pa., on July 17, in conjunction with the inaugural meeting of its Automotive Dealer […] [Read More]

To help dealers win more used-vehicle trade-ins and further grow their volume and profits through better inventory management and customer engagement, Dealertrack Technologies introduced an all-new Inventory+ vehicle trade-in quote module and a fully integrated transportation tool. Officials explained on Monday that dealers now have access to two new powerful tools within Inventory+, making the […] [Read More]

Carvana said Monday it has launched a white-label online auto retailing platform that marks the company’s first foray into the business-to-business space. Through this custom retail offering, outside companies — including everyone from retail organizations to financial institutions — can gain full access to Carvana’s proprietary technology. In essence, this would provide such companies with […] [Read More]

Maximizing fixed operations profitability is the aim of a new software integration announced Monday. Auto/Mate Dealership Systems reported news of the integration of its dealership management system with SMI's DriveService and DriveSales solutions. For auto dealers using both tools, the integration means that customer information updated in the DMS will be updated in SMI's customer […] [Read More]

Web marketing and online reputation company Digital Air Strike is partnering with Edmunds.com to make is easier for dealers to leverage public reviews. The move means Digital Air Strike’s survey technology will be integrated with Edmunds.com to allow dealers to turn consumer survey feedback into public reviews on Edmunds.com — serving to increase the number […] [Read More]

Smartphone texting integrated with a dealership’s website is the offering of TextUps.com, a recently-announced hang-tag lead system. A tool aimed at after-hours shoppers and those who don’t want to get out of their vehicles, TextUps.com is available in 22 states and offers dealers a new way to connect with prospective buyers. “When a shopper wants […] [Read More]