In March, Automotive Ventures launched an investment fund that focuses on driving strong returns for dealers who invest in early-stage dealership technologies. And Tuesday, the automotive technology and mobility venture capital firm added three industry veterans to sustain that project as well as the others in its portfolio. Andrew Gordon, Adam Lafferty and Brian Reed […] [Read More]

A new month begins with another acquisition announcement. DealerBuilt, an enterprise dealer management system (DMS) provider for retail dealerships, on Monday announced the acquisition of Vistadash, a leading agnostic marketing intelligence platform that helps the automotive industry standardize digital metrics to create a fair baseline measurement of digital performance. DealerBuilt said through a news release […] [Read More]

In this episode of the Auto Remarketing Podcast, Digital Air Strike chief operating officer Jason Barrie joins the show to talk about the company's recent Customer Experience Trends Study. Barrie and Auto Remarketing senior editor Joe Overby cover how car-shopping has changed, vehicle supply impacts, use of streaming media and more. To listen to the conversation, click […] [Read More]

A spider and wizard teaming up at a castle sounds like something out of a “Harry Potter” book, but in the case of the used-car market, it’s all about reconditioning and efficiency. Black Widow, which provides automated vehicle imaging, said Wednesday it has partnered with Dent Wizard, which provides vehicle reconditioning services. Under the partnership, […] [Read More]

Hertz is charging up its systems to handle a growing number of electric vehicles in its rental fleet by going to the cloud. On Monday, Hertz announced a collaboration with Amazon Web Services (AWS) to modernize and digitize the Hertz customer experience and key components of its new mobility platform, including enhanced data analytics and […] [Read More]

The potential customer cultivating that DrivenIQ did during NADA Show 2022 in Las Vegas is starting to reap a notable harvest. The technology company that looks to help businesses best advertise to their ideal customers recently announced that more than 250 dealers have signed on to the company’s new DriveBid platform, powered by Black Book. […] [Read More]

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Former Cox Automotive analyst Zo Rahim, who knows a thing or two about the used-car market, has launched a new platform and marketplace focused solely on certified pre-owned vehicles. CPyO (which Rahim explains is pronounced SEE-PEE-YO) is a desktop solution that is designed to help dealers increase visibility of their CPO units for sale, help […] [Read More]

TrueCar named a chief people officer on Thursday, appointing Jill Angel to the role. Angel, who had previously been executive vice president of people at Leaf Group, will report to TrueCar president and chief executive officer Mike Darrow. Angel joined Leaf Group in 2015. Her experience in “people operations” began after two decades in operations, […] [Read More]

In this episode of the Auto Remarketing Podcast recorded at the Auto Intel Summit last week in Raleigh, N.C., we connect with Scott Case, who is chief executive officer of Recurrent, a company that analyzes electric vehicle battery health and one of this year's "Emerging 8" honorees. Case discusses the company's recent $4.5 million round […] [Read More]