ActivEngage announced Tuesday that it has brought aboard Jeff Clark to serve as its new vice president of sales. Clark is a sales leader with over 20 years of experience leading large automotive industry sales teams, the company said. "Jeff brings with him an abundance of sales expertise, key connections and invaluable relationship-building skills that we […] [Read More]

DealersLink, a provider of automotive systems integration and networking technology, announced that it has recently expanded its geographic reach after signing more than 100 new dealer members recently in Arkansas, Mississippi, Alabama, Georgia and Florida. Among the new clients are the following dealerships: —Susan Schein Automotive, Pelham, Ala. —Greg Orr Cadillac, Hot Springs, Ark. —Ross […] [Read More]

DealerFenix announced the release of its reporting and workflow automation system for dealerships on Monday. The DealerFenix platform is designed to improve consistency by helping dealers eliminate repetitive tasks, automate dealership workflow processes and easily track Key Performance Indicators. “For more than 20 years I have worked with dealers and watched the way they used […] [Read More]

At Used Car Week in November, Joe sat down with United Road president and chief operating officer Mark Anderson to talk about finding drivers for vehicle logistics/transportation providers, how the online sales environment impacts the transportation/logistics space, the impact of hurricanes to the segment and more. Check out their conversation from La Quinta, Calif., below, and find […] [Read More]

Independent dealers went into 2018 with an upbeat mood. Why? The economic and retail sales growth expectations of independent dealers have improved substantially, according to the National Independent Automobile Dealers Association’s business confidence survey for the fourth quarter of 2017. The survey of NIADA members is conducted each quarter in partnership with Equifax to gauge […] [Read More]

U.S. News & World Report announced Tuesday that Honda earned more Best Cars for the Money awards than any other automaker this year. The awards recognize vehicles that provide consumers with the best combination of quality and value in 14 different automotive categories. Honda models earned awards in four categories, including the CR-V for best […] [Read More]

ACV Auctions announced a $31 million round of Series C venture funding Tuesday that the company says will allow the online auto auction to double its footprint and expand coast-to-coast by year’s end. With this latest round — which was led by led by Bessemer Venture Partners, Tribeca Ventures, SoftBank NY and Armory Square Ventures […] [Read More]

Less than a week after announcing it purchased the active lease portfolio of Uber’s Xchange Leasing, Fair shared two more big moves on Monday: another round of funding and the purchase of vehicle-delivery app Skurt. As far as the capital raise, Fair secured a round of strategic equity funding that is led by Siemens-backed next47 global […] [Read More]

As the industry continues to fill with new operations looking to streamline vehicle delivery through online technology, an entrepreneur who spent 14 years with Ally Financial is rolling out a platform to connect buyers and dealers where the founder claims a testimonial declares: “Just try it. I promise you will be blown away.” Joydrive, which […] [Read More]

The first rendition of the Black Book Used Vehicle Retention Index for 2018 showed the wholesale market is heading into traditional cyclical pattern going into the spring. On Monday, Black Book released the January index, which registered in at 113.1, marking a dip of 0.9 percent from the previous month. The December reading came in […] [Read More]