Tresl might be involved in fintech with its auto finance support platform, but the company is quickly reinforcing its human resources. The company recently said that it has on-boarded more than 130 new associates during the past 12 months. And Tresl isn’t finished with its workforce growth, mentioning in a news release that it plans […] [Read More]

Acquisition closed and top executive shifted into a new role. Those are the two main developments to arrive via news releases from IDS and White Clarke Group on Tuesday and Wednesday. First, IDS — a provider of mission-critical enterprise solutions for secured finance — announced it has successfully completed the acquisition of White Clarke Group, […] [Read More]

Getting auto financing over the finish line to vehicle delivery already can be complex. When the potential buyer falls within the confines of the Military Lending Act (MLA), it can become even more complicated. Marci Kawski, a partner in the Madison Wisc., office of Husch Blackwell, joined the Auto Remarketing Podcast to explain the possible […] [Read More]

PureCars announced Tuesday the release of its new Pro Dealer MarTech platform, which the company says offers an approach to digital advertising that provides greater flexibility and value for dealers — and allows them to make better marketing decisions that drive lower ad costs per sale.  The platform is powered by PURE Intelligence, and centers […] [Read More]

Dealer Funnel, a tech solutions provider for dealers, is launching a new text messaging solution designed to help dealers better engage with customers and grow sales. The new solution aims to follow the customers through all steps of the auto shopping journey, handling customer engagement from social media ads via text messaging in real-time — all […] [Read More]

CarMax is on the hunt for 1,800 new automotive service professionals. To kickstart the hiring wave, the used-car giant is hosting a “Curbside Career Day,” in partnership with Indeed, at 16 of its locations, coming up on June 10 from 10 a.m. to 3 p.m.  It’s looking to secure the almost 2,000 service hires by […] [Read More]

Manheim is adding another support pillar to make sure the auction giant is meeting the need of every one of its clients with the launch of a new client shared services group. The group is designed to deliver a more consistent client experience and to align the varied needs of its clients, the Manheim team explained […] [Read More]

ACV said Tuesday it has launched a new platform that gives dealer groups and commercial partners a way to host closed sales for select audiences. ACV PRIVATE MARKETPLACES will first be available for large dealership groups with multiple locations, and then for commercial consignors looking for a way to host closed auction sales. In an […] [Read More]

In what consignment-to-retail company CarLotz coined in a news release as an “expansion into the Gateway into the West,” was its move to open a hub to serve the St. Louis metro area. The will open up the company’s unique approach to service, value and inventory to the St. Louis market.  CarLotz also revealed this week its […] [Read More]

Customer interaction software company myKaarma has bought PocketExpert — a dealership communication, online payments, and multi-point inspection platform that is gaining interest in the auto community. This serves to increase myKaarma's dealership customer count by 550 rooftops.  As a result of the purchase, the companies said, PocketExpert’s customers will join the myKaarma customer family. This shift […] [Read More]