Shift recently created the position of chief accounting officer and filled it with an executive familiar to chief financial officer Oded Shein. The auto ecommerce platform announced on Thursday that Jason Curtis has been appointed as chief accounting officer in a move that was effective on June 1. In this role, Shift said Curtis will […] [Read More]

Volkswagen dealerships have another option when working with their service-drive customers who encounter repair costs higher than they expected and cannot pay with available cash. As a result, participating stores collectively already are seeing millions in additional service revenue. On Wednesday, Sunbit, the buy now, pay later (BNPL) technology for everyday needs and services, announced it has […] [Read More]

It’s been an active month for Automotive Ventures. Two weeks ago, chief executive officer and founder Steve Greenfield announced the final closing of the firm’s inaugural venture fund. Then according to a news release distributed on Wednesday, Automotive Ventures’ name surfaced again as it was involved with Lender Compliance Technologies (LCT) — a company that […] [Read More]

On its website, Recurrent said it aims to "more transparency and confidence in pre-owned electric car transactions" in hopes of driving further EV adoption. Its chief executive officer, Scott Case, joined the podcast to share how the company goes about doing just that. Plus, we discuss the fastest-selling used EVs, the infrastructure still needed in […] [Read More]

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]