Less than a week after naming an interim chief financial officer and a new addition to its board of directors, RumbleOn’s period of leadership change continued on Tuesday with the company’s outside counsel joining RumbleOn as general counsel. According to a news release, Michael Francis has worked with RumbleOn from the beginning, leading the company’s […] [Read More]

Vroom said Monday it has launched new hub in the Atlanta area designed to prove “a more customized driveway experience” for consumers within a 25-mile radius that includes nearly 500 zip codes and 7 million people. In the past two-and-a-half months, Vroom has added hubs in Denver, Chicago, Los Angeles, Detroit, Dallas and now Atlanta. […] [Read More]

RumbleOn made a trio of executive-level moves on Thursday; one triggered by unforeseen circumstances. According to news releases from the e-commerce company that leverages technology in an effort to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, RumbleOn announced that Beverly Rath will act as interim chief financial officer, effective immediately. […] [Read More]

LotLinx is offering dealerships more resources to overcome what might be the most pressing challenge they’re currently facing — inventory stocking and pricing fluctuations. This week, the inventory marketing technology company released its latest whitepaper, which leverages LotLinx’s proprietary data network that has been tracking the industry’s stocking and pricing fluctuations to determine the most effective way […] [Read More]

Spireon launched Kahu back in 2017 as a smart add-on designed to provide dealers streamlined inventory and lot management that also offers car buyers location tracking and stolen vehicle recovery service. On Tuesday, Spireon completed a technology platform update and rebranding of that franchised dealer solution from Kahu, to LoJack, which was the business the […] [Read More]

As a dealer, you want payment for services rendered, correct? To help make sure that happens in the smoothest possible way for your customers and employees, CDK Global launched CDK OnePay, a dealership-wide payment solution fueled by Global Payments. The companies highlighted that CDK OnePay is designed to help dealers create a frictionless customer experience […] [Read More]

Black Book added to its collection of five integrations the company has finalized so far this year. On Monday, Black Book formed a relationship with CarDr.com that will focus on data points to help dealers better identify vehicles with lower risks and higher potential profitability. Black Book reiterated its pricing and value data includes statistical […] [Read More]

Steve Greenfield, founder and chief executive officer at Automotive Ventures, joins the Auto Remarketing Podcast to discuss the company's recently launched $7 million venture capital fund designed to give a lift to early-stage auto tech companies. Plus, Greenfield talks about the areas of the auto tech with the most growth potentials, U.S. markets emerging as hot […] [Read More]

It’s not just the dealer groups that are heating up the M&A activity: June has kicked off with major moves from the auto industry software giants. Less than a week after CDK Global purchased Roadster, Reynolds and Reynolds announced Tuesday it has bought Gubagoo, a provider of “conversational commerce” and retail solutions for dealers and automakers. […] [Read More]

Automotive Ventures supports automotive technology entrepreneurs, businesses and investors with industry-specific resources, strategic consulting and extensive connections. And now the firm has more financial resources to complete those tasks and more. On Tuesday, Automotive Ventures chief executive officer and founder Steve Greenfield announced the final closing of the firm’s inaugural venture fund, Automotive Ventures Fund […] [Read More]