Despite the negative impact of the CDK outage in the second quarter, lead generator TrueCar narrowed its losses and launched TrueCar+, a digital marketplace allowing consumers to buy used, certified pre-owned, or new cars entirely online. “We are becoming a better version of TrueCar that more effectively addresses the evolving needs of consumers, dealers and […] [Read More]

Dealership software provider Reynolds and Reynolds announced it has acquired TSD Mobility Solutions, a provider of fleet management software and services. TSD designs and develops fleet mobility solutions for dealerships, manufacturers, public automotive groups and rental car companies. It operates in 92 countries on six continents, with more than 16,000 dealerships and 3,000 car rental […] [Read More]

Carketa, a provider of automotive data and intelligence software, announced it has closed on a $4.4 million early growth financing round. The round was led by Capital Eleven, a new investor, with participation from new and existing investors including Crosslink Capital, Origin Ventures, Allegis Capital and Peak Ventures. “We believe in Carketa’s vision,” Capital Eleven […] [Read More]

Impel is bracing for growth by adding to its leadership team. The provider of artificial intelligence sales and marketing automation for the auto industry announced two hires and added three new executive positions in the wake of its recent acquisition of customer engagement platform Outsell. In a news release, the company said the moves are […] [Read More]

Advent Resources wants to give dealers a soft landing in the event of a crash. The creator of the Advent Advantage car dealership sales system has launched Advent Parachute, a backup sales DMS designed to give dealerships a reliable contingency plan during primary sales system outages. The company said Parachute provides dealers with instant access […] [Read More]

Third-party logistics brokerage Montway Auto Transport has introduced real-time vehicle shipment tracking in partnership with technology provider Ship.Cars. Montway said the service offers its customers 24/7 real-time visibility of their shipment status and access to inspection and delivery documents for “increased control and visibility from pickup through delivery.” Ship.Cars announced the launch of its real-time […] [Read More]

Before becoming the founder and CEO of Botdoc, Karl Falk was a member of the U.S. Air Force and played on the offensive line for the service academy’s football team under longtime coach Fisher DeBerry. During this episode of the Auto Remarketing Podcast, Falk described the cybersecurity landscape dealerships now face, using analogies drawn from […] [Read More]

The ransomware attacks and phishing schemes bombarding dealerships nowadays prompted Botdoc to form a pair of partnerships. First, the specialist in secure digital transportation technologies partnered with KPA to provide dealerships with what they contend is an affordable, seamless and compliant solution to manage their consumer data. Then, Trust Stamp announced a partnership with Botdoc […] [Read More]

Mobile service technology provider Curbee announced the full nationwide launch of its software-as-a-service platform, making it available to all U.S. vehicle manufacturers and dealers. The platform was launched to dealers on a limited basis in January. Curbee also announced it has closed on additional funding that raises the total raised externally by the company to […] [Read More]

DealerFire highlighted four key reasons why dealerships should prioritize a mobile-friendly website since car shoppers are increasingly turning to their mobile devices to research and purchase vehicles. The provider of dealership websites and digital marketing solutions claimed that more than half of all web traffic now comes from smartphones and tablets, “which means a significant […] [Read More]