Edmunds.com revealed Thursday that it has rolled out a new feature on the site than can help connect dealers with potential used-car buyers and generate more exposure for their used inventory. After what the company called a successful pilot, Edmunds added a used-car inventory search tool. While it helps shoppers find used cars in their […] [Read More]

After six years of profitable growth, HookLogic obtained its first institutional investment Thursday. The company revealed Bain Capital Ventures is pouring $9.5 million of financing into HookLogic. Executives indicated the funding will be used to further develop their unique software-as-a-service platform that has underpinned the company’s record growth in the first half of 2011. HookLogic […] [Read More]

NASA recently launched a new interactive online program designed to give race fans the chance to learn about the many contributions the agency has made to the racing industry. The “Rockets to Race Cars” site can allow users to navigate through the NASA garage and learn about heat-resistant paint, fire-resistant materials, the development of better […] [Read More]

BookItOut recently launched its new website — a platform aimed to offer dealers valuable tools to increase sales for a smaller investment than the competition. Site officials highlighted their application is completely device agnostic with no hardware or sync requirements, providing dealers access to their inventory and valuable market insight from any Web capable device. […] [Read More]

Car and Driver magazine has entered the social-media gaming foray by teaming up with Cie Games’ “Car Town” on Facebook. Under the partnership — which launches this week and runs into next year — the publication is being integrated into the game. As such, new-car releases and announcements will be displayed within the game, showing up as […] [Read More]

As much as TrueCar’s Scott Painter wanted to discuss Wednesday’s newest acquisition and capitalization, the company’s founder and chief executive officer insisted to Auto Remarketing that the “bigger story” is about dealers. Painter believes the retail side of the auto industry “has had its toughest four-year stretch in the last 110 years. “I think the […] [Read More]

Ford franchised dealers now can watch more “ups” arrive through text messages. FordDirect on Wednesday revealed details about a new mobile service that can enable shoppers to receive prompt, targeted information about Ford vehicles by simply sending a text message from their mobile device. Powered by mobile marketing and advertising company Hipcricket, FordDirect explained the […] [Read More]

In a two-month promotion that kicked off last week, Manheim is offering rebates to used-car dealers when they post vehicles for sale on OVE.com. As the number of sales on the site for a dealer increases, so does the rebate, officials explained. Additionally, Manheim’s The Wholesale Institute is holding two free online seminars next week […] [Read More]

Charlie Vogelheim, whose career has included executive stops with J.D. Power and Associates, Kelley Blue Book and IntelliChoice, accepted a new position Tuesday as vice president of strategic alliances with ResponseLogix, a provider of digital response management software for Internet leads ResponseLogix highlighted Vogelheim brings more than 25 years of industry experience to his new […] [Read More]

Two technology companies are aiming to harness the capability of radio frequency identification tags to help auctions track vehicles more efficiently before and after going through the lanes. Alli-Solutions formed in 2007 to help the auction industry meet the challenges of using RFID technology. “We wanted to know where vehicles are, where they’ve been and […] [Read More]