Automotive Ventures announced Monday that it has added Wholesale Auto Supply Co., Inc. as a strategic investor. WASCO, based in Hackensack, N.J., is a purchasing cooperative owned by dealers in the Tri-State area (New York, New Jersey, Connecticut) and provides a resource for dealers to buy business supplies, including chemical/janitorial/office supplies, heavy equipment, OEM-compliant furniture and […] [Read More]

Autonomy keeps collecting relationships that meant to boost its place as an electric vehicle subscription company. On Thursday, Autonomy entered the insurance category, finalizing a connection with DigiSure — a software company that provides screening, insurance management and claims — as its insurance platform partner. Executives highlighted the platform partnership with DigiSure provides Autonomy with […] [Read More]

Shortly after its purchase of Accu-Trade in February, Cars.com executives said bringing the company into the fold could help facilitate another inventory acquisition source for dealers: buying cars directly from the public. That came to fruition this week with the official launch of Instant Offer, a new Accu-Trade-powered capability on Cars.com where consumers can sell their rides […] [Read More]

Shop Smart Autos founder and chief technology officer Richie Bello closed July by making a major strategy pivot, announcing that the company is taking its focus from dealer lead provider to strictly a consumer marketplace. According to a news release, the company no longer will sell consumer leads to dealers. The company intends to offer […] [Read More]

Autonomy continues to expand its electric vehicle subscription operation, as last week the company enhanced its EV lineup to include the Tesla Model Y Long Range. After forging a relationship with AutoNation, Autonomy now offers the Tesla Model 3 Standard and Long Range, as well as the Model Y Long Range, which has monthly payment […] [Read More]

A2Z Sync has a new chief executive officer. Replacing Chip Perry in the role is Natalia Giner, the company said in a LinkedIn post Wednesday. One of Auto Remarketing's 40 Under 40 honorees last year, Giner was previously the company’s head of product and began her career with the Schomp Automotive Group. Perry will stay […] [Read More]

LexisNexis Risk Solutions said automakers might have a great path to stay connected with used-vehicle buyers for a host of potential business opportunities. LexisNexis Risk Solutions explained that its new study showed U.S. consumers want to hear from their automakers about connected services, safety recalls, warranties, insurance discounts and other benefits. Insights from more than […] [Read More]

Montway Auto Transport reached 15 years in the third-party logistics and vehicle transportation business on Monday, and the company rolled out campaign that might make 15 clients feel like celebrating, too. According to a news release, the company is giving 15 randomly selected individuals the chance to receive $150 off their vehicle shipment. Participants can […] [Read More]

AutoWeb said Monday it has entered a deal to be acquired by a subsidiary of One Planet Group in a cash deal priced at $0.39 per share of AutoWeb. One Planet Group chief executive officer Payam Zamani will become AutoWeb’s president and CEO. Jared Rowe will transition out the company. Zamani was the co-founder and […] [Read More]

“Sweetheart, did you remember to pack our electric vehicle?” While that question might seem silly coming from a couple on vacation, a new partnership involving Autonomy and EV Mobility could address that quandary should it ever arise — given that the latter company provides EVs on demand 24/7 as an amenity to luxury hotels as […] [Read More]