An eight-year journey with the company so far has led Tony Compton to becoming chief technology officer of PureCars, a leading provider of digital marketing technology and services for automotive dealers. The company highlighted in a news release announcing the promotion that Compton has consistently progressed with PureCars, beginning with his start in 2014 as […] [Read More]

Here’s an example of what happens after an acquisition takes place. Green Line Automotive announced it has been selected by Driven Data as a preferred partner to take over its paid media partnerships as that firm focuses on first-party data audiences and analytics. Driven Data was acquired by Polly in June and will be continuing to […] [Read More]

On Tuesday, Fox Dealer announced the appointment of an automotive industry veteran to fill the newly created position of chief technology officer. Coming over from Edmunds to take on this new position is Donnie Shilling, who will oversee the development, advancement and management of Fox’s current technical resources in addition to the assessment and integration […] [Read More]

CT Services and Claim Genius recently announced a strategic partnership to develop and market new artificial intelligence-based inspection solutions for the automotive remarketing and transportation markets within North America. The companies highlighted in a news release that the partnership will combine CT Services’ vehicle inspection process with Claim Genius’s AI inspection technology to create new […] [Read More]

FM Capital is looking to serve its expanding number of automotive-related portfolio companies better as well as prepare for its fourth fund. So, on Monday, the firm added a new venture partner — Joe Hinrichs — who most recently was president of Ford’s global automotive business. According to a news release, Hinrichs will assist with […] [Read More]

RunBuggy gained more financial horsepower this week, as the technology platform that connects car shippers and transporters announced it secured a line of credit with Silicon Valley Bank, providing the company with access to funds that will fuel the growth and retention of its open transportation marketplace. In January, RunBuggy secured a Series A investment […] [Read More]

In June, STELLA Automotive AI, which provides conversational artificial intelligence technology, welcomed Sherri Eidenberg as its vice president of U.S. dealer sales. This week, Eidenberg reinforced her team with 10 additional automotive technology experts to help STELLA Automotive meet market demand, which has been strong and growing since the market launch in March.  Forming the […] [Read More]

Holman likes Orbee as one of its solution providers so much that the global automotive services organization decided to make an investment from its venture capital division in the company, which provides the auto industry with data management, marketing analytics and automation solutions.  Holman highlighted in a news release that Orbee’s innovative digital marketing platform […] [Read More]

PureCars said Tuesday it has purchased AutoSigma, a digital marketing technology and services provider for car dealers. The addition of AutoSigma’s digital asset platform to PureCars can allow dealers get vehicle advertising out to multiple channels in a more timely manner, helping to alleviate sluggish “speed to market.” Terms of the deal were not disclosed. […] [Read More]

Automotive Ventures announced Monday that it has added Wholesale Auto Supply Co., Inc. as a strategic investor. WASCO, based in Hackensack, N.J., is a purchasing cooperative owned by dealers in the Tri-State area (New York, New Jersey, Connecticut) and provides a resource for dealers to buy business supplies, including chemical/janitorial/office supplies, heavy equipment, OEM-compliant furniture and […] [Read More]