Vinli landed new funding this week that executives say will enable the company to broaden its mobility services and integrations to customers worldwide. The connected car and data intelligence platform provider announced on Tuesday it has closed $13.5 million in additional funding. The Series B funding round has participation from new and existing investors, including […] [Read More]

With blockchain gaining more momentum, academia is responding to ensure the industry has trained workers who can flourish in that particular space. This week, the Institute for Innovation and Entrepreneurship at The University of Texas at Dallas announced a new partnership with the Blockchain Research Institute (BRI), a global independent think tank working to identify […] [Read More]

ID Analytics recently rolled out a tool specifically tailored for finance companies looking to buy a little deeper while still having solid footing with its underwriting. The Symantec company and consumer risk management provider recently announced Credit Optics Full Spectrum Auto, a new version of its credit score designed specifically to address the needs of […] [Read More]

MaximTrak Technologies announced on Tuesday a preferred partnership with Allstate Dealer Services to provide digital F&I solutions for agents and their dealer customers retailing Allstate’s aftermarket products. MaximTrak highlighted that its platform seamlessly can integrate into auto dealers’ business processes, providing solutions that can help make Allstate Dealer Services’ agents and dealers more successful and […] [Read More]

Building websites and consultation on inventory turn strategies are among several services that Dealer Car Search performs for auto dealers. Now, vehicle history tools from Carfax will help make managing and retailing inventory more transparent for Dealer Car Search customers. Thousands of Dealer Car Search-powered dealer websites now feature the Carfax Vehicle History-Based Value and […] [Read More]

A new technology partnership expansion aims to help auto dealers increase revenue and improve operations in sales, service, and accounting, in part by delivering more actionable “spiffs” accountability that helps drive sales performance. Automotive dealer management systems provider DealerBuilt is expanding its integration with channel partner Spiffit, a provider of Software-as-a-Service sales incentive management applications. The two companies have […] [Read More]

David Adcock has joined dealership warranty, certification and maintenance program company Binary Automotive Solutions as executive vice president. In other personnel news, document management products company DealerDOCX appointed Bill Reidy as executive vice president. Adcock brings more than 20 years of industry experience to his new position at Binary Automotive Solutions. He has worked with […] [Read More]

Coinciding with the National Automobile Dealers Association Foundation launching a vast program to promote the value of service technician jobs, Asbury Automotive Group announced the rollout of its new healthcare and stock ownership programs that are a part of the dealer group’s strategic plan to focus on frontline roles in fixed operations and sales in […] [Read More]

Portions of the U.S. are recovering from some of the coldest temperatures in decades and folklore groundhogs are providing mixed forecasts. However, Black Book editors already are seeing depreciation signals of spring being straight ahead. Reinforced by the assessment of an auction general manager from the Southeast, editors noted in this week’s Market Insights report that […] [Read More]

The most recent changes to the federal tax code certainly generated plenty of attention. But Steven Carstens — a partner at Shilson, Goldberg, Cheung & Associates, which is an accounting firm that specializes in the buy-here, pay-here industry — thinks the windfall for independent dealers might not be as fruitful as some lawmakers hailed. Furthermore, along with […] [Read More]