Vehicle logistics technology provider Autosled announced it has upgraded its platform. The self-described “disruptor in the mobility and digital logistics space” said the improvements to its nationwide vehicle transport and logistics platform are designed to improve functionality for transporter teams within the Autosled network by creating increased shipment visibility and an expedited transporter payment system. […] [Read More]

Carketa has added a logistics partner to its dealership decision intelligence system, announcing a deal to integrate its software with automotive logistics-as-a-service platform ACERTUS. The integration is designed to make it easier for dealers to quote, book, ship, track and receive vehicles through the Carketa platform, streamlining their inventory acquisition and sales process with on-demand […] [Read More]

The aftermarket is beginning to normalize to pre-pandemic levels, shrinking from 2022’s soaring highs as it recovered from COVID-related declines. According to the J.D. Power 2023 Canada Customer Service Index—Long-Term (CSI-LT) Study, the auto service market has shrunk to $9.1 billion, from $10.9 billion last year. Service visits per year are down. But as cost […] [Read More]

Growing vehicle theft in Canada: It's a trend that has been hiding in the wings for a while, says Michael Rothe of  the Canadian Financing and Leasing Association. But for many in the auto industry, it didn’t hit their radar until 2020, when the data became hard to ignore. According to a recent report from the CFLA, there were over ... [Read More]

J.D. Power is expanding into the automotive markets of Europe and Australia. The company announced a deal Tuesday to acquire Autovista Group, a European and Australian automotive data, analytics and insights provider. J.D. Power says the acquisition allows it to combine its own predictive analytics and valuation and customer experience data sets with Autovista’s market […] [Read More]

Trade show season is here. Actually, in automotive, it never goes away. Starting with NADA Show, our weeks are filled with conferences, expos, 20 groups, and training opportunities all year long. For leaders, it can be a bit overwhelming to find the right events for your business and organize the optimal participation plan. After years […] [Read More]

Electric vehicle subscription company Autonomy is now in the car-sharing business, as well. Autonomy, led by longtime auto entrepreneur Scott Painter, announced Friday it has agreed to acquire EV Mobility LLC, which is an all-electric car-sharing platform. Under the agreement, Autonomy will acquire EV Mobility’s technology, assets and customer accounts once certain conditions are met. […] [Read More]

Fox Motors announced it has acquired Kia of Grand Rapids North from Alabama-based Liechty Auto Group. The purchase gives Fox Motors 18 locations in West Michigan among its total of 45 rooftops in Michigan and Illinois, representing 47 automotive and powersports brands. It’s the fifth dealership added to the company’s portfolio this year, including a […] [Read More]

Access Capital, a privately owned asset-based lending firm based in New York, last week upgraded from its on-premise system to Solifi ABL on Open Finance Platform. In addition to upgrading to the newest version, a news release indicated Access Capital also consolidated its remaining clients from a separate factoring system to Solifi ABL’s ledgered AR […] [Read More]

Last week, 700Credit announced an affiliation with OTTOMOTO, a platform designed to streamline every part of the retail finance process — from credit applications through funding. With this new relationship, OTTOMOTO has integrated 700Credit’s compliance and prequalification soft pull solutions into its desking and lender aggregation platform providing a smooth workflow and seamless dealer experience. […] [Read More]