Technology
Impel acquires Outsell in $100M-plus deal
Tuesday, Jul. 9, 2024, 09:42 AM
Auto Remarketing Staff
Impel, which provides an artificial intelligence-based customer lifecycle management platform to the auto industry, said Tuesday it has acquired Outsell in a deal valued at more than $100 million. The transaction includes cash and equity in Impel. The company said the purchase of the SaaS provider “establishes the auto industry’s first end-to-end AI sales and […] [Read More]
Car-bidding platform The Lasso picks up $9.8M in funding
Monday, Jul. 8, 2024, 03:51 PM
Auto Remarketing Staff
Online car bidding platform The Lasso, formerly known as Revv, announced it has raised $9.8 million in early-stage funding as it prepares to expand nationwide. The funding was split across three tranches and culminated in a seed round. Crosslink Capital and Manresa Ventures were the lead investors. Contour Venture Partners, Liquid2 Ventures, Ritual Capital, Correlation […] [Read More]
Car Wars’ Mystery Shop Scorecard adds on-demand reporting
Monday, Jul. 8, 2024, 03:18 PM
Auto Remarketing Staff
Car Wars is adding a timely element to its Mystery Shop Scorecard. The provider of call-tracking and phone-handling systems for auto dealerships said its system now includes on-demand reporting to provide near real-time insights from its recorded phone calls. Previously, Mystery Shop Scorecard data was made available through monthly reports, but after feedback from its […] [Read More]
Fullpath selected for GM’s iMR Turnkey program
Monday, Jul. 8, 2024, 02:17 PM
Auto Remarketing Staff
Fullpath is joining up with General Motors and its dealers. The marketing automation and customer data platform (CDP) that was one of this year’s Emerging 8 honorees announced it has been selected as an approved turnkey certified provider for GM’s in-Market Retail (iMR) funds, a designation that gives GM dealerships access to Fullpath’s CDP and […] [Read More]
PODCAST: What vehicle inventory data can tell dealers about their own lots
Wednesday, Jul. 3, 2024, 11:12 AM
Auto Remarketing Staff
LotLinx executive chairman Len Short joins the Auto Remarketing Podcast to discuss the company’s new Vincensus report, a new monthly and quarterly analysis that shares real-time vehicle inventory data and insights. “Data is the key to your future. It’s the key to your competitiveness,” Short said in the interview. “Dealers are waking up to this […] [Read More]
PODCAST: QoreAI CEO Todd Smith on fraud prevention at dealerships
Thursday, Jun. 20, 2024, 04:14 PM
Auto Remarketing Staff
Where is fraud most prevalent in the car-buying process and how can dealerships work to prevent it? QoreAI CEO Todd Smith addresses these topics and more in this Auto Remarketing Podcast with Cherokee Media Group senior editor Joe Overby. The company, which provides dealers with software to aid in identity verification, streamlined document management, and […] [Read More]
EV charging coalition announces new home in NC, additions to leadership team
Friday, Jun. 14, 2024, 03:13 PM
Auto Remarketing Staff
Electric vehicle charging network IONNA has a new home – and some new leaders. IONNA – a joint venture founded by a coalition among automakers BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia and Stellantis – has selected Durham, N.C., as its global headquarters, which the company said in a news release allows it to accelerate […] [Read More]
Solera’s RedCap to offer rides, deliveries through Uber for Business
Friday, Jun. 14, 2024, 09:35 AM
Auto Remarketing Staff
Solera is getting a lift from Uber. The provider of vehicle lifecycle management software, data and services, announced an exclusive rideshare collaboration with Uber for Business through Solera’s RedCap platform. RedCap’s shuttle service, powered by Uber for Business, not only provides rides for customers, it also offers access to parts delivery through Uber Direct. Solera […] [Read More]
Bumper.com brings AI to vehicle history reports
Thursday, Jun. 13, 2024, 10:42 AM
Auto Remarketing Staff
Artificial intelligence seems to be spreading into everything these days. So why not vehicle history reports? Vehicle history report platform Bumper.com’s answer to that question is a new feature called Smart Insights, designed to use generative AI to “analyze and distill” the most important information in a history report. The company said Smart Insights is […] [Read More]
Orbee integrates with ActiveEngage to boost dealer communications
Wednesday, Jun. 12, 2024, 03:34 PM
Auto Remarketing Staff
Orbee and ActivEngage are working together to help dealerships. This week, the provider of customer experience middleware for the automotive industry said it has integrated with the automotive chat and text communications platform. Orbee and ActivEngage highlighted their integration allows for the data from a shopper’s interaction through the ActivEngage platform to be unified with […] [Read More]