In addition to some big names in automotive, the Series B financing round announced by ecommerce platform Rodo on Tuesday also includes a group tied to the star of the “Ride Along” movies. What now? Let me explain. Rodo’s $18 million Series B funding was led by Holman Enterprises and Evolution VC Partners, with participation […] [Read More]

Konect Ai wants to be a leader in automotive artificial intelligence, so the company is turning its leadership over to an executive whose professional career includes stints with Cox Automotive, eCarList and Dealer.com On Friday, Konect Ai named Jerry Salerno as president as the company looks to expand further into the North American automotive industry. […] [Read More]

The CarDr.com smartphone vehicle appraisal app now includes even more information. This week, the company fueling the tool that combines pricing and OEM level on-board diagnostics (OBD) by Bluetooth connection announced a real-time integration with CARFAX to incorporate a vehicle’s history. The company highlighted the integration of a vehicle’s history combined with CarDr.com’s proprietary OBD […] [Read More]

Drivably is launching an online community that allows consumers to instantly sell their cars to dealers, who bid on the vehicles through an online auction. While the exact format is being ironed out, that auction will have a similar feel to the online auction platforms dealers currently use, says Drivably founder and CEO Tyler Hall. Hall […] [Read More]

The blending and blurring of the wholesale and retail used-car markets continues. Drivably announced a new online community Thursday that allows consumers to instantly sell their cars to dealers, who bid on the vehicles through an online auction. Essentially, Drivably Marketplace gives dealers “exclusive access” to much-needed used vehicles and consumers a quick-and-easy way to […] [Read More]

UVeye, an automated vehicle-inspection systems developer, announced a $60 million Series C funding Wednesday that includes investment from CarMax, W.R. Berkley Corporation and F.I.T Ventures, along with a group of Israeli institutional investors. Prior investors include the likes of Volvo Cars, Hyundai Motors and Toyota Tshusho. W.R. Berkley, also a prior investor, is a North […] [Read More]

Video can be a powerful tool to help your dealership answer questions from potential vehicle buyers and service drive customers. Based on that premise, Covideo, an Indianapolis-based video messaging software company, has partnered with automotive CRM Elead to launch an integration that allows shared users to record, send and track videos within the CRM. According […] [Read More]

Two service providers your store might already use now are working together, so potential buyers know as much information as possible about your used-vehicle inventory. On Monday, Rapid Recon and iPacket, providers of digital reconditioning and digital selling solutions, announced the launch of the Rapid Recon Digital Vehicle Portfolio powered by iPacket. “The addition of […] [Read More]

Hireology, which provides recruitment CRM technology to companies in various industries, including automotive, said it has acquired EmployUs, an employee referral technology provider based out of Raleigh, N.C. In a release, EmployUs is described as a “a modern employee referral software that empowers organizations to leverage their employees and their networks to help hire.” Its […] [Read More]

With time being money, looking for the units you purchased at auction can be costly and frustrating in a sea of similar-looking silver sedans, black SUVs and white pickups. It’s why Manheim was glad to share the ongoing success of its solution to that challenge — LotVision — which prompted at least one user to […] [Read More]