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Technology
New Urban Science tool alerts dealers when consumer buys from same- or competitive-brand store
Friday, Nov. 4, 2022, 02:41 PM
Auto Remarketing Staff
Urban Science rolled out a new tool this week that is designed to answer one of the most intriguing questions during your regular sales meetings. The company launched SalesAlert, what Urban Science called an “industry first” solution that can notify dealers when a sales lead has purchased a vehicle from another dealership. Urban Science explained […] [Read More]
5 states added to TrueCar+ online sales platform
Thursday, Nov. 3, 2022, 06:14 PM
Auto Remarketing Staff
The TrueCar+ online car-buying platform, which launched in Florida, is expanding to additional states in the Southeast: Alabama, Georgia, North Carolina, South Carolina and Tennessee, TrueCar said Thursday. The online platform has also gained new capabilities such as F&I and accessories menus, communications tools, nationwide delivery and other perks. “This expansion demonstrates our commitment to […] [Read More]
STELLA Automotive AI reinforces operations team
Wednesday, Nov. 2, 2022, 06:13 PM
Auto Remarketing Staff
STELLA Automotive AI is seeing more demand for its high-end conversational artificial intelligence technology, so the company made corresponding personnel moves on Wednesday. STELLA announced the expansion of its operations team with the promotion of Joshua Capps as its new director and Noah Pollack as technical support manager. The company highlighted that Capps, originally hired […] [Read More]
The year of M&A continues with Impel acquiring CarLabs
Tuesday, Nov. 1, 2022, 05:55 PM
Auto Remarketing Staff
Perhaps 2022 is just the year of the acquisition — from auctions to artificial intelligence software providers to dealerships. The latest move arrived on Tuesday, as Impel, a provider of digital automotive engagement software and data, announced that it is acquiring CarLabs.ai, a U.S.-based provider of conversational AI products for the automotive industry. Impel highlighted […] [Read More]
Dealer Image Pro integrates with Rapid Recon to improve inventory efficiencies
Monday, Oct. 31, 2022, 06:44 PM
Auto Remarketing Staff
Two dealership service providers now are working together to help managers get their inventory to stand tall on the front line faster. Dealer Image Pro, a leader in professional photo, video, and interactive 360-degree software for dealerships, announced it has integrated its Photo Assistant and Autoport software with Rapid Recon’s reconditioning workflow software to improve […] [Read More]
Vroom announces new director on board
Monday, Oct. 31, 2022, 05:58 PM
Auto Remarketing Staff
Vroom said Friday it has added Fernwood Holdings CEO and managing director Timothy Crow to its board of directors. In addition to his time with that venture capital investment firm, Crow has held executive roles with The Home Depot and Kmart. “We are thrilled to announce the addition to our board of directors of Tim […] [Read More]
Polly integrates with VinSolutions to boost dealer marketing, sales & service
Friday, Oct. 28, 2022, 02:09 PM
Auto Remarketing Staff
This week, insurance marketplace Polly announced a collaboration with Cox Automotive’s VinSolutions to create what the companies called a “powerful” set of solutions that can help marketing, sales, service and operations workflows stay in sync. This new collaboration will provide benefits for dealer customers of both Polly and VinSolutions, according to a news release. The […] [Read More]
CentralBDC acquires PowerBDC as M&A activity spreads
Tuesday, Oct. 25, 2022, 07:37 PM
Auto Remarketing Staff
The Presidio Group recently mentioned another segment of M&A activity is on the rise. Firm experts turned out to be good prognosticators, as CentralBDC, one of the nation’s leading privately owned outsourced business development centers (BDCs) for automotive dealerships, announced on Tuesday that it has acquired PowerBDC out of Stamford, Conn. According to a news […] [Read More]
TrueCar+ adds accessories function to digital sales platform
Monday, Oct. 24, 2022, 05:15 PM
Auto Remarketing Staff
TrueCar announced last week that it has added an accessories menu to its TrueCar+ online car buying platform, which is currently available in Florida. The company said more than 12,000 hardware parts are now available on the platform. “Accessories are another way of customizing the online vehicle purchase to each individual buyer, while offering additional […] [Read More]
Executive moves: New GM at Indiana Auto Auction & hires at STELLA, Quantum5
Friday, Oct. 21, 2022, 02:19 PM
Auto Remarketing Staff
Indiana Auto Auction has a new general manager, ServNet announced in its latest newsletter. Promoted to the role is Andrew Schaefer, who is the chief financial officer of the auction, which is part of the Stanley-Autenrieth Auction Group. Schaefer has been with Indiana Auto Auction for more than 25 years. "We are delighted to officially name […] [Read More]