Drivably is launching an online community that allows consumers to instantly sell their cars to dealers, who bid on the vehicles through an online auction. While the exact format is being ironed out, that auction will have a similar feel to the online auction platforms dealers currently use, says Drivably founder and CEO Tyler Hall. Hall […] [Read More]

The blending and blurring of the wholesale and retail used-car markets continues. Drivably announced a new online community Thursday that allows consumers to instantly sell their cars to dealers, who bid on the vehicles through an online auction. Essentially, Drivably Marketplace gives dealers “exclusive access” to much-needed used vehicles and consumers a quick-and-easy way to […] [Read More]

UVeye, an automated vehicle-inspection systems developer, announced a $60 million Series C funding Wednesday that includes investment from CarMax, W.R. Berkley Corporation and F.I.T Ventures, along with a group of Israeli institutional investors. Prior investors include the likes of Volvo Cars, Hyundai Motors and Toyota Tshusho. W.R. Berkley, also a prior investor, is a North […] [Read More]

Video can be a powerful tool to help your dealership answer questions from potential vehicle buyers and service drive customers. Based on that premise, Covideo, an Indianapolis-based video messaging software company, has partnered with automotive CRM Elead to launch an integration that allows shared users to record, send and track videos within the CRM. According […] [Read More]

Two service providers your store might already use now are working together, so potential buyers know as much information as possible about your used-vehicle inventory. On Monday, Rapid Recon and iPacket, providers of digital reconditioning and digital selling solutions, announced the launch of the Rapid Recon Digital Vehicle Portfolio powered by iPacket. “The addition of […] [Read More]

Hireology, which provides recruitment CRM technology to companies in various industries, including automotive, said it has acquired EmployUs, an employee referral technology provider based out of Raleigh, N.C. In a release, EmployUs is described as a “a modern employee referral software that empowers organizations to leverage their employees and their networks to help hire.” Its […] [Read More]

With time being money, looking for the units you purchased at auction can be costly and frustrating in a sea of similar-looking silver sedans, black SUVs and white pickups. It’s why Manheim was glad to share the ongoing success of its solution to that challenge — LotVision — which prompted at least one user to […] [Read More]

CarNow chief executive officer Andy Park joins the Auto Remarketing Podcast to talk about the company's origins and how he made his way into automotive, as well as how COVID-19 accelerated digital retail. Plus, Park talks about CarNow's recent $30 million fund raise and more. To listen to the episode, click on the link available below, […] [Read More]

Got a customer who is unsure about buying a used electric vehicle due to uncertainty about the battery life? Recurrent, which analyzes EV battery health, says it can help. On Tuesday, the company released what it calls the “first-ever” EV battery guides that consumers can use to gauge the battery health of a pre-owned EV. […] [Read More]

Vroom has added another hub, this time in the Pacific Northwest. While it has delivered vehicles to the area since its 2012 founding, the company’s Seattle Last Mile hub, located in Kent, Wash., is designed to provide “an experience that includes a more personalized concierge service where customer advocates transport cars directly to car buyers’ […] [Read More]