CarGurus has brought its Instant Max Cash Offer to the West Coast, announcing Tuesday that the all-digital car-selling solution is now available in California. Instant Max Cash Offer, which is powered by CarGurus subsidiary CarOffer, allows dealers to bid on and acquire used cars online from consumers. The platform blends CarGurus’ consumer-facing marketplace with CarOffer’s […] [Read More]

It’s another M&A move in automotive, this time in the repair and reconditioning space. Repairify said Tuesday it has acquired AutoMobile Technologies, which provides enterprise-grade used-car reconditioning software. Repairify is a portfolio company of Kinderhook Industries, and it includes such brands as asTech, adasThink, BlueDriver, FleetGenix, MobileTechRX, One Guard Inspections, and RED (EU). Having both […] [Read More]

A former Cox Automotive executive now is part of the leadership team at Automotive Innovations (Ai), which offers an all-in-one solution that can allow dealers to replace multiple tools, increase profits and get real-time visibility into their business On Monday, Ai announced the appointment of veteran automotive executive Darrel Ferguson as vice president of sales. […] [Read More]

Reynolds and Reynolds wants to be an important conduit in connection with dealership, automakers and the rest of the industry. So, on Thursday, the company announced today the expansion of its customer ambassador initiative with the addition of a new industry relations role. Reynolds explained the goal of the new position — which is being […] [Read More]

Vroom said Wednesday it has launched an “Extended Mile” hub in Statesville, N.C., which is just over 40 miles from Charlotte. This Statesville hub is designed to offer “a more customized driveway experience” for more than 2.6 million people in the state This hub has storage capacity of up to 1,000 vehicles, making it one […] [Read More]

Zubie has launched a new fleet vehicle valuation tool with the Fleet Consulting Association that will be added to the company’s Rental Connect platform and help rental companies determine if it’s time to retail or wholesale vehicles in their fleet. Rental operators will be able to use the Zubie Vehicle Valuation platform to access detailed […] [Read More]

IHS Markit subsidiary automotiveMastermind, which also goes by aM, will have new chief executive officer on April 1. Replacing co-founder Marco Schnabl as CEO will be chief operating officer Matt Leone. Schnabl will remain with the organization in a leadership counsel role, while also providing partnership guidance for the transportation business at IHS. Leone has been […] [Read More]

CarOffer reached a notable milestone, as the CarGurus’ subsidiary announced on Tuesday it has enrolled 10,000 dealer rooftops on its automated instant wholesale vehicle trade platform. According to a news release, CarOffer enrolled dealer rooftops are defined as those for which CarOffer and the applicable dealer have signed an enrollment agreement to participate on the […] [Read More]

Cyrus could be the newest teammate at your dealership who is willing to work literally at any time of day or night. DealerOn and Pypestream announced a strategic partnership on Monday with the result being the firms bringing to market what they called an “immediate breakthrough.” DealerOn and Pypestream are delivering what they believe to […] [Read More]

On Friday, new enhancements arrived for the flagship automated sales and marketing platform from automotiveMastermind (aM), which is part of IHS Markit. The provider of predictive analytics and marketing automation solutions for dealerships highlighted that the updates to Mastermind are designed to help dealership partners attract customers, maintain profits and sell more vehicles, as well […] [Read More]