Retail

CarData-Velocity partnership acquires Tristar to move into Southern California

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]

Wholesale

Ship.Cars launches security initiatives to combat fraud in auto transport

Ship.Cars is ramping up security. The software provider for car hauling companies has introduced new security measures that aim to protect carriers from the threat of fraud in auto transportation, including password requirements, mandatory two-factor authentication, proprietary fraud detection tools ... [Read More]
defi SOLUTIONS calls out ‘bluff’ of recent hacker threats

Technology

CarMax among investors in Carpool Logistics’ $12M funding round

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]

Financial

EFG launches program that guarantees PRU increase for dealers

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]

Analysis

PODCAST: Automotive Intelligence Award honoree Jonathan Smoke

He knows the housing market and house music. He knows cars and The Cars. An economist who moved from the real estate market to the automotive market — while moonlighting as a DJ — Cox Automotive chief economist Jonathan Smoke ... [Read More]

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