CarData and Velocity Automotive Marketing are expanding their partnership into Southern California with the acquisition of Tristar Digital Services. CarData, a provider of vehicle inventory photography, said the strategic acquisition strengthens its reach and “enhances its ability to deliver high-quality ... [Read More]

Dealers looking to acquire later-model used vehicles in February were finding them in a rather traditional channel: the auto auction. But the source is not the consignor segment that might first come to mind when discussing this age group. According ... [Read More]

A vehicle shipping marketplace received a $12 million investment this week. Carpool Logistics announced it has raised $12 million in Series A growth capital in a round led by Wavecrest Growth Partners, with participation from CarMax, Impel founders Devin Daly ... [Read More]

With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. To conclude our series ... [Read More]