The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto highlighted a presentation about the next generation of remarketing. PAVE chief strategy officer Jameel Ghata explained how vital automated inspections and condition reports are to forward-thinking fleet managers. Listen to the presentation in the window below. [Read More]

Reynolds and Reynolds is hosting its Retail Summit this week, with artificial intelligence being the focal point of many event activities. The highlight was the launch of Spark AI, an artificial intelligence data layer that now powers all Reynolds AI products. The company explained Spark AI can eliminate silos created by AI tools and provide […] [Read More]

DealerFire tackled three important aspects of a dealership’s online reviews while compiling a series of recommendations. The provider of dealership marketing solutions began by detailing the impact of positive and negative reviews for dealerships. Then, DealerFire explained the importance of responding to dealership reviews. DealerFire closed by offering a strategy to make the most of […] [Read More]

ACV’s continued growth has taken it into Ireland. The Buffalo, N.Y.-based online auto auction platform and wholesale service provider has acquired Irish start-up Drive Inc., a deal announced on LinkedIn by Drive co-founders Conor O’Boyle and Shane Ennis. Drive operates wholesale digital marketplace TradeBid and Nevo, a dedicated EV platform for consumers. “We couldn’t be […] [Read More]

STELLA Automotive AI announced a partnership with service lane technology provider Dealer-FX that integrates STELLA’s artificial intelligence-powered digital voice technology into Dealer-FX’s ONE Platform software. The integration — the second announced in as many days for Dealer-FX, which has also added Proactive Dealer Solutions’ Brooke.ai digital voice assistant to its platform — is designed to […] [Read More]

Automotive Risk Management Partners’ latest cyber and compliance security guidelines, released Wednesday, seek to help auto dealers secure their front lines from cyberattacks and physical compliance oversights. The document, titled “How a Compliance Security Firm Should Protect You,” provides physical and digital auditing and programs for continuous tracking and managing dealership information and data assets. […] [Read More]

By the time the fourth quarter arrives, and snowflakes are flying again in Canada, TRADER Corp. will have new ownership. Last week amid the dog days of summer, AutoScout24, a leading pan-European online automotive marketplace, signed an agreement to acquire TRADER Canada from Thoma Bravo. In conjunction with this acquisition, funds affiliated with existing majority […] [Read More]

In a letter generated as a request for comment by the Treasury Department, the Consumer Financial Protection Bureau last week outlined how it’s watching artificial intelligence and other technology developments. Acknowledging a previous initiative did not generate the results the regulator wanted, the CFPB said it is now focused on fostering innovation and competition “that […] [Read More]

Solifi, a fintech software provider for secured finance, announced that it has recently partnered with LimePoint, a technology specialist in real-time data processing and data streaming consumers. The result is broadened accessibility to Solifi’s data streaming microservice solution. Solifi Data Streaming can allow customers access to a continuous flow of near-real-time data held within Solifi’s […] [Read More]

Lendbuzz has enjoyed a fruitful summer of gaining financial resources to facilitate auto financing. On Tuesday, Lendbuzz announced that it has secured a new $400 million forward flow program with Viola Credit, a global alternative asset manager specialized in providing asset-based solutions to innovative technology enabled finance companies. The development arrived after Lendbuzz gained a […] [Read More]