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May 26, 2016 - Industry News

DRIVIN Raises $7.5 Million in Additional Funding

The company that aims to change the way dealers sell, source, acquire, and deliver used cars announced it has raised an additional $7.5 million in equity capital. Launched in mid-2015, the Chicago-based startup has now raised $17.5 million in funding.

Tags: Auto Auctions, DRIVIN, inventory, used-vehicle sales, used-vehicle values

April 23, 2015 - Industry News

Manheim Vehicle Imaging Generates Gains For Toyota Financial Services

Toyota Financial Services saw a 17% rise in conversion rates during a 16-week trial of Manheim’s Enhanced Vehicle Imaging. The results of the trial were documented in a recent case study released by both organizations.

Tags: Auto Auctions, digital marketing, inventory, Manheim

January 6, 2015 - Industry News

Flick Fusion, ZMOT Partner to Produce Spanish Auto Inventory Videos

Flick Fusion is collaborating with ZMOT Auto, an automotive digital velocity firm, to produce vehicle inventory videos with voiceovers in a conversational style for Spanish-speaking car buyers.

Tags: Flick Fusion, inventory, Video Advertising

December 2, 2014 - Industry News

Flick Fusion Acquires Video Marketing Company

Flick Fusion has acquired Dealer Fusion, a video marketing provider. The company will integrate features and applications from Dealer Fusion’s video platform and make them available to customers of both services.

Tags: Acquisition, Dealer Fusion, Flick Fusion, inventory, Video Advertising

June 19, 2014 - Industry News

DealerMatch Releases Andriod App

Andriod users can now appraise, stock, buy and sell automotive inventory through DealerMatch’s dealer-to-dealer marketplace using their mobile devices.

Tags: Auto Auctions, inventory, Mobile Applications

June 3, 2014 - Industry News

Franchised Dealers Realize Big Gains in Used Sales, CNW Reports

Used-vehicle sales in May increased nearly 11% from April, according to CNW. Franchised dealers led the way with a 4.3% increase in sales vs. one year ago, while independents realized a 3.4% increase.

Tags: CNW Research, Franchised Dealerships, inventory, transaction prices, used vehicles

May 14, 2013 - Industry News

N.J. Dealer Sues Kia Motors

New Jersey’s Mahwah Kia filed a lawsuit against Kia Motors America. The manufacturer allegedly terminated the store’s franchise agreement for poor performance, but the dealer claims KMA did not make enough inventory available.

Tags: customer satisfaction, franchise, inventory, Kia Motors America, KMA, Lawsuit, Mahwah Kia, sales, Sales Performance, Stephanie Forshee, termination

December 18, 2012 - Industry News

RedBumper Releases Auto-Pricing Tool

RedBumper’s new SmartPrice tool will automatically adjust retail prices by analyzing market supply and demand in real time.

Tags: demand, inventory, market supply, Pricing, RedBumper, SmartPrice

October 18, 2012 - Industry News

Finance Express Goes Mobile

The software maker has released a new app that links to its FEX DMS offering. Users can manage inventory, create customized auction lists and keep tabs on dealership activity and performance.

Tags: Auto Auctions, dealer, FEX mobile, Finance Express, inventory, Mobile, VIN

March 20, 2012 - Industry News

Values for Used Compacts Could Rise 20 Percent, KBB Reports

In response to rising fuel prices, Kelley Blue Book said today that used, compact-car values could realize the same 20 percent gains seen in 2011. The site advised dealers to stock up now before prices further increase.

Tags: Compact Segment, inventory, KBB.com, Used Values, used-vehicle values

February 9, 2012 - Industry News

FordDirect Debuts DealerConnection Elite Website Service

FordDirect announced the launch of its new website solution for Ford and Lincoln Dealers, DealerConnection Elite.

Tags: automotive SEO, Dealer Websites, Ford, FordDirect, Internet Leads, inventory, lead generation, Lincoln, mobile solution, Web Tools

February 7, 2012 - Industry News

Dominion Launches Inventory Management Tools

Dominion Dealer Solutions announced the launch of its integrated Inventory Management system. It combines inventory data, analytics and merchandising.

Tags: Dominion Dealer Solutions, inventory

February 7, 2012 - Industry News

DealerTrack Introduces Inventory Management Platform

DealerTrack announced the introduction of DealerTrack eCarList, an inventory management and merchandising platform that combines live retail market data with historical data to appraise, price and merchandise vehicles.

Tags: AAX, Dealertrack, eCarList, inventory

February 7, 2012 - Industry News

Dealer.com Launches Advertising Solution

Dealer.com announced the launch of Dealer.com Advertising, an integrated automotive advertising solution which pairs paid search and display advertising capabilities with dealers’ inventory and incentives.

Tags: Dealer.com, incentives, inventory, web marketing, Web Tools, Web traffic

February 7, 2012 - Industry News

Experian Automotive Launches AutoCheck Elite

Experian Automotive has launched AutoCheck Elite, a program for automotive dealers that provides information and insights into the market, vehicles and customers.

Tags: Experian, inventory, marketing, Vehicle Sales

January 31, 2012 - Industry News

Chrome Enhances VIN Decoding Solution

Chrome Data Solutions LP announced the release of Automotive Description Service (ADS) 7.0, along with a new basic description version of the web-based service.

Tags: Chrome Data Solutions, inventory, Web Tools

January 31, 2012 - Industry News

vAuto Inventory Management System Goes Mobile

vAuto’s Provision inventory management system is now available on Android- and Apple-powered smartphones and mobile devices.

Tags: inventory, Mobile Applications, mobile solution, vAuto

January 10, 2012 - Industry News

RedBumper to Launch Mobile Inventory System

RedBumper announced that it will unveil a mobile inventory management system at the 2012 NADA & ATD Convention and Expo.

Tags: inventory, Mobile Applications, mobile solution, RedBumper

January 3, 2012 - Industry News

DealerPlatform.com Launches Online Inventory Posting Solution

DealerPlatform.com launched its “3 Steps, 5 Minutes To A New Dealer Website” product, which is designed to assist small to mid-sized auto dealers in automating and moving inventory online.

Tags: Dealer Websites, Internet Leads, inventory, Web Tools

November 3, 2011 - Industry News

VAuto Announces Partnership With Auction Pipeline

vAuto announced that its customers can now source used vehicles available at Auction Pipeline auctions. They also have the ability to access run lists from within vAuto’s proprietary stocking module.

Tags: Auction Pipeline, Auto Auctions, inventory, used vehicles, vAuto

September 20, 2011 - Industry News

AAX Founder to Launch Inventory Management System

Bruce Thompson, former CEO and founder of American Auto Exchange, will launch a new inventory management system in October.

Tags: American Auto Exchange, dealership management system, inventory, RedBumper, Vehicle Appraisal

September 15, 2011 - Industry News

Dealer Specialties Adds Kelley Blue Book Values to Appraisal Tool

Dealer Specialties said it is teaming up Kelley Blue Book Values with its inventory management solution’s MarketControl Analytics tool.

Tags: Dealer Specialties, inventory, Kelley Blue Book, Vehicle Appraisal

July 12, 2011 - Industry News

AutoUSA Releases New Internet Traffic Solution

PowerListings 2.0 is designed to allow dealerships to engage customers searching their Craiglist vehicle listings, as it links the online classified site to a dealership’s Facebook page.

Tags: AutoUSA, Craigslist, Facebook, inventory, social media

July 7, 2011 - Industry News

DealerTrack Completes Acquisition of eCarList

The acquisition of eCarList will combine DealerTrack’s analytical and vehicle performance reporting tools with eCarList’s inventory management and online marketing solutions.

Tags: Dealertrack, eCarList, inventory, web marketing

May 17, 2011 - Industry News

CNW: Supply Shortages, Jittery Consumers Point to Rough Summer

Several indicators in the opening days of May point to a dimming outlook for new-vehicle sales, CNW reported in the May edition of its Retail Automotive Summary.

Tags: CNW, floor traffic, inventory

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