CarStory announced Tuesday that it has introduced CarStory MicroDB, its new a patent-pending search and compression technology designed to increase automotive searches on desktops and mobile devices. CarStory MicroDB improves automotive searches by over 40 times, according to CarStory. “This is a really exciting evolution of search technology, empowering browsers with the capabilities of the datacenter,” parent […] [Read More]

The National Independent Automobile Dealers Association announced Tuesday that CarGurus has come aboard as its newest Bronze-level National Corporate Partner. CarGurus said the new partnership will allow the company to strengthen its collaboration with the independent dealer community. “We know our members will benefit from the valuable shopper connections CarGurus' platform delivers,” NIADA senior vice […] [Read More]

Ally Financial made a move on Tuesday to ensure a smooth transition involving one of the highest positions at the company. Ally announced that Jenn LaClair will be joining the company as chief financial officer designate, effective Monday, with the intent that she be appointed to succeed the company’s CFO, Chris Halmy. Ally indicated in […] [Read More]

On Tuesday, Fiserv finalized a partnership with TransUnion to improve price, decision accuracy and expand the customer base within the automotive finance space. Officials highlighted integrating the automotive loan origination system from Fiserv with CreditVision Link from TransUnion will help increase precision of scoring and risk modeling. By including additional data points to evaluate credit […] [Read More]

Cox Automotive filed a lawsuit Monday against CDK Global for what it says are “ongoing antitrust and unlawful competition violations,” in addition to other claims. The suit was filed in the U.S. District Court for the Western District of Wisconsin. The suit claims CDK and The Reynolds and Reynolds Company — which Cox Automotive said […] [Read More]

Gubagoo recently announced that it has partnered with GForces to make the company the new exclusive U.K. reseller of its automotive dealer live chat, text and video solutions. The GForces NetDirector platform and software suite powers thousands of automotive websites, connecting over one billion car buying interactions across the globe according to Gubagoo. “GForces is Europe’s […] [Read More]

The Orange County Register recently named AutoGravity, Experian and Lexus of Westminster three of its 2017 Top Workplace award winners. AutoGravity announced that it has made it onto the annual list of 140 top companies in Orange County, Calif., for the second year in a row. “Over the past year, Team AutoGravity has doubled in size to over […] [Read More]

What has been a staple of its used-vehicle analysis in the United States is now coming to Canada. As Black Book has compiled in the U.S., Canadian Black Book announced today the release of its first Used Vehicle Retention Index for Canada. Editors highlighted the index will serve to offer what they called “unbiased and […] [Read More]

Global fleet logistics company Transfercar has rolled out new rental fleet relocation services in Chicago, Boston and Minneapolis that offers drivers free one-way car rentals. In an effort to align rental car companies fleet relocation needs with consumer travel requirements, Transfercar is working with various agencies to relocate their inventory via consumers rather than depend on […] [Read More]

Online car-buying company Fastlane said Friday it has secured $1.5 million in seed funding in an investment round led by Eagle Venture Fund. Fastlane provides consumers with an ecommerce platform that lets them buy directly from dealer websites or in store, providing what it calls an “Amazon-like checkout experience.” Based in Dallas, Fastlane provides ecommerce […] [Read More]