The seven-year journey Privacy4Cars has navigated so far to identify the challenges posed by vehicle data and to create solutions to better protect consumers reached another important juncture on Tuesday. The company announced that it has secured two patents, including a patent for its proprietary process to remove privacy information from in-vehicle modules. Privacy4Cars offers […] [Read More]

NextCar, which is the Scott Painter- and Georg Bauer-led fintech and insurtech vehicle subscription platform, announced last week it has finished the acquisition of the Autonomy brand and intellectual property library. NextCar purchased Autonomy from Micro Focus. The deal includes the Autonomy.com global domain along with various country and subdomain extensions, plus trademark applications, awards […] [Read More]

Carketa continued to stay on a positive trajectory last week, landing more financial resources to grow the dealership solutions software company. The Utah-based developer of SaaS applications for the automotive industry announced it closed a $6 million series seed financing led by Origin Ventures and Crosslink Capital with additional funding from Hack VC, Lancaster and […] [Read More]

CarGurus announced the latest locations to its phased national rollout of CarGurus Instant Max Cash Offer on Thursday. States where consumers looking to trade in their vehicles for what CarGurus strives to make the best possible offer and hassle-free experience now includes New York, Maryland and Minnesota. Launched in late July, CarGurus Instant Max Cash […] [Read More]

Online peer-to-peer used-car marketplace TRED has landed $25 million in Series B funding that it plans to use for expanding its products, locations, partnerships and engineer team.    Participating in the round were new and existing inventors. That group included Vivek Raj of Geneses Capital Management, Westlake Financial’s Ian Anderson and CMFG Ventures’ Mike Kraus. […] [Read More]

On Tuesday, UVeye named a new vice president for North American sales who previously held executive roles at KAR Global, BacklotCars and Cox Automotive. Taking on this role for the supplier of automated vehicle inspection systems is Jamie Anderson, who will be based in Charlotte, N.C. Prior to joining UVeye, Anderson was vice president for […] [Read More]

HyreCar has an ambitious goal it wants to reach in four years. On Thursday, HyreCar took another step toward it with moves that include increased financing capacity for one of its key partners. The carsharing marketplace for ridesharing, food and package delivery services announced an expanded strategic partnership to significantly increase vehicle supply in key markets on […] [Read More]

Shift Technologies co-chief executive officer Toby Russell will step from that position on Feb. 1, but will remain on the board of directors, the automotive ecommerce company said Thursday. Russell will remain a strategic advisor for Shift. Shift co-CEO George Arison will become sole CEO on Feb. 1. And in a transition that began Thursday, […] [Read More]

Limited vehicle supply and increased consumer demand does not mean dealers should pull back from advertising.  Dealers should remain focused on a few key strategies, such as shifting advertising spending to help with inventory acquisition instead of customer acquisition — or identifying which set of cars are sitting on the lot longer than others. It […] [Read More]

LotLinx named a chief operating officer on Wednesday, hiring longtime tech and digital media executive Adrian D’Souza for the position. D’Souza’s background includes time in leadership positions with Quantcast, Google, CNET Networks, Intersection and IAS. "Adrian understands go-to-market strategies and customer satisfaction in a way that few executives can hope to, and he has unparalleled […] [Read More]