Technology
PODCAST: Brain+Trust CEO Tim Hayden on all things data in retail automotive
Monday, Jul. 22, 2024, 04:13 PM
Auto Remarketing Staff
Tim Hayden is the CEO of Brain+Trust, which specializes in data management, data privacy, regulatory compliance, cybersecurity, artificial intelligence and beyond. He joins the Auto Remarketing Podcast for a conversation with Cherokee Media Group senior editor Joe Overby about the company’s origins, its work in the auto industry, data infrastructure and management, plus much more. […] [Read More]
New version of TrueCar+ goes all in on digital retailing
Friday, Jul. 19, 2024, 02:58 PM
Auto Remarketing Staff
TrueCar is going all in on digital retailing. The digital automotive marketplace has announced the “next evolution” of its TrueCar+ platform, which now allows customers to purchase from more than 3,200 new, used and certified pre-owned vehicles completely online from start to finish. “Our mission is to empower consumers with the tools and information they […] [Read More]
Covideo launches AI tool to generate dealership messaging
Friday, Jul. 19, 2024, 10:49 AM
Auto Remarketing Staff
Covideo is applying artificial intelligence to dealership marketing and communications. The software company has launched Covideo AI Assist, an artificial intelligence tool designed to enable dealerships to generate vehicle-specific video scripts, emails and text messages. The company said the tool can save dealers time spent researching and memorizing vehicle information and makes it easier for […] [Read More]
UVeye-myKaarma partnership brings AI inspection reports to customers’ phones
Thursday, Jul. 18, 2024, 11:46 AM
Auto Remarketing Staff
UVeye’s new partnership has given it instant karma — or, more accurately, Kaarma. The company has teamed with service lane technology provider myKaarma to integrate its artificial intelligence-powered automated vehicle inspection technology with myKaarma’s communication, payment and service lane tools and instantly send the data to a car owner’s smartphone. The integration is designed to […] [Read More]
IRS offers advice to help dealers avoid becoming victims of phishing scams
Friday, Jul. 12, 2024, 11:05 AM
Auto Remarketing Staff
The Internal Revenue Service sent a reminder to dealers this week that had nothing to do with filing tax returns or sending mandated funds to the federal government. Considering the recent ransomware attack aimed at dealers, the IRS is warning individuals and businesses to remain vigilant against these attacks, especially when criminals portray themselves as […] [Read More]
DriveCentric adds VINCUE appraisals to enhance its trade-in feature
Wednesday, Jul. 10, 2024, 12:51 PM
Auto Remarketing Staff
CRM provider DriveCentric is collaborating with inventory acquisition and management platform VINCUE to integrate VINCUE’s appraisal into the trade-in features of its platform. The partnership is designed to allow dealers to pull appraisals from VINCUE into DriveCentric alongside the existing trade-in vehicle push feature. In a news release, the companies said the new “push and […] [Read More]
izmo’s acquisition of Geronimo Web creates a digital retail giant
Tuesday, Jul. 9, 2024, 01:49 PM
Auto Remarketing Staff
Digital auto sales technology provider izmo Inc., has acquired Geronimo Web, a global provider of digital marketing programs for OEMs and dealerships, a deal izmo said establishes it as one of the largest providers of digital web platforms for automotive dealers across the U.S., Europe and South America. The combined company now serves more than […] [Read More]
Strolid launches Strolid Portal, its first product release
Tuesday, Jul. 9, 2024, 01:48 PM
Auto Remarketing Staff
Tech-enabled automotive service company Strolid has launched its first product. The Strolid Portal for auto dealers is designed to use actual customer conversations to provide operational insights throughout the entire dealership and reveal opportunities for improvement. Strolid said its new product, available to its sales and service BDC customers, allows dealers to listen to customers […] [Read More]
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]