Autotech Ventures recently landed the second-largest funding amount in the five-year history of the venture capital firm that’s on tap to appear during this summer’s Automotive Intelligence Summit. Autotech Ventures announced the closing of its $150 million Fund II that will invest in early-stage startups with a focus on connectivity, autonomy, shared-use mobility, electrification and digital […] [Read More]

With some business segments slowly emerging from coronavirus pandemic shutdowns, Darwin Automotive announced major enhancements to its free COVID-19 support package to help auto dealers succeed in current market conditions. According to a news release distributed on Monday, the free tools include a secure fully integrated video conferencing platform. Darwin said it has also partnered […] [Read More]

The newest vehicle service contract product from AUL Corp., is designed to address the increasingly complex technology systems found in today’s vehicles, components that can cost thousands of dollars to repair or replace. AUL’s senior vice president of product development Jason Garner highlighted this new VSC aptly named AUL-Tech provides comprehensive coverage for vehicle features […] [Read More]

Auto/Mate says its addition of a remote signing feature to its eDEAL Signature Capture digital contracting tool can help its current eDEAL customers overcome adverse sales conditions and close more deals during state-by-state enforcement of COVID-19 shelter-in-place mandates. Auto/Mate, a business unit of DealerSocket, is offering the feature to its current eDEAL customers as a […] [Read More]

On Friday, the National Independent Automobile Dealers Association announced with “great sadness” the passing of senior vice president of member services Scott Lilja, an executive that NIADA described as a “giant in the used-vehicle industry." NIADA said Lilja, 58, passed away May 3 after a long battle with multiple myeloma. Lilja’s lengthy career in the […] [Read More]

Mobile vehicle care and fleet services company RideKleen introduced its new Surface Disinfection and Air Cleanse services back in April. With the service, RideKleen said it can treat vehicles with an EPA-approved, hospital-grade disinfectant called DetraPel. That product is designed to kill 99.9% of bacteria and viruses, including Coronavirus. Since then, the company has upgraded and […] [Read More]

Experian senior director of dealer intelligence Amy Hughes joined Nick Zulovich for this episode of the Auto Remarketing Podcast to share trends the company has found through its consumer survey data that’s updated daily. Hughes touched on topics such as when potential buyers might make a purchase, how vehicle history reports are playing a role […] [Read More]

In what we’re proud to call an annual tradition, Cherokee Media Group’s Women in Remarketing program has evolved into a celebrated franchise of Auto Remarketing and a key pillar of the National Remarketing Conference and Used Car Week. For more than a decade, Women in Remarketing has recognized excellence among the leaders of the remarketing […] [Read More]

Automotive online services provider Carzato says its new Online Retailing Experience, or ORE, platform is a cross-tier and brand-customizable online car-buying tool. The tool routes high-intent shoppers directly to dealer online retailing tools. Carzato says ORE provides an efficient experience to the car-buyer and generates incremental, high closing leads to the dealers. And it does that […] [Read More]

Two Metro Detroit-based companies earlier this year created the FordDirect Video Marketplace, which provides Ford and Lincoln dealers nationwide with access to videos they can customize for use on social media, digital advertising and television. On Thursday, art and technology company Waymark said it has partnered with Ford Direct to provide Ford and Lincoln dealerships with […] [Read More]