While auto dealership M&A in the first quarter was down year-over-year, buy-sell momentum is building and there is “plenty of opportunity” in coming months, according to The Presidio Group, which anticipates a “very active M&A environment” the rest of the year. The firm’s latest report, Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A […] [Read More]

Click-Ins is partnering with Turn Automotive to bring its patented artificial intelligence-powered vehicle inspection platform to Turn’s digital wholesale marketplace for dealers and consumers. The collaboration will use Click-Ins’ technology to augment Turn’s appraisal process. “We went into the discussions with Click-Ins having tested nearly every solution in the market,” Turn Automotive founder Marc Steiner […] [Read More]

automotiveMastermind, soon to be part of a new company, has a new leader. The automotive data and technology provider has promoted Aaron Baldwin from chief product officer to CEO, replacing Matt Leone, who is stepping down after five years at the helm. The move comes just a week after automotiveMastermind’s parent company, S&P Global, announced […] [Read More]

ACERTUS has a new chief operating officer and a new chief financial officer. The automotive logistics-as-a-service company said Tuesday that Alisha Buelt has been promoted to COO and Michael DeLuca has been hired as CFO. Buelt has been with ACERTUS for 15 years and was most recently senior vice president of global strategy. She was […] [Read More]

Lotlinx announced it has hired industry veteran Kerri Wise to its leadership team, calling its new chief marketing officer “a trailblazer in automotive retail marketing.” In a news release, the inventory management platform said Wise will lead its marketing strategy, brand development and dealer engagement initiatives as the company seeks to expand its footprint and […] [Read More]

Nearly half of U.S. small and microbusiness owners — which can include independent and buy-here, pay-here dealerships — expect the national economy to weaken in the coming months. Despite the outlook, most still believe their own businesses will grow, according to a new survey data released on Monday by GoDaddy. In the latest findings from […] [Read More]

MileOne Autogroup has become a STAR. Or, more precisely, a member of STAR. The Maryland-based dealership group has joined Standards for Technology in Automotive Retail, an automotive IT standards organization comprised of manufacturers, technology providers and retail dealerships. MileOne chief information security officer Steve Bailey said his company joined STAR to “help shape the future […] [Read More]

Experian North America chief economist Joseph Mayans and ADP chief economist Nela Richardson have used the terms “recession” and “unease” when discussing their respective looks at the lending market, the employment scene and general economy in recent days. You might ask why Mayans and Richardson turned to those monikers since private sector employment increased by […] [Read More]

Beta testing has begun on the latest addition to Spiffy’s Mobile 360 platform. The mobile service technology company announced the beta launch of Recall Capture, which it calls the first end-to-end recall automation platform purpose-built for mobile repairs. Recall Capture is designed to streamline the entire recall cycle, from VIN detection and customer outreach to […] [Read More]

It’s been a dozen years since Jeff Gordon collaborated with Pepsi for a commercial that had the NASCAR champion wear a disguise and put an unsuspecting dealership salesperson through a wild test drive recorded via hidden cameras. The spot went viral and still generates plenty of activity on YouTube. But what about protecting your current […] [Read More]