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Dealers are facing growing frustrations with current generic artificial intelligence tools, according to a survey by Lotlinx, which found they want a solution that understands their inventories.
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The Ford Mustang drew more interest from car buyers than any other vehicle for the fourth consecutive year, according to the latest report from Jumpstart Automotive Media.
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Drive Motors’ dealer clients sold almost three times as many cars online on Christmas Day 2017 than they did the same day in 2016 thanks to its digital retailing platform, the firm revealed this week.
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The firm today announced the appointment of Gary Peek, a more than 20-year software industry veteran, as CIO. Also joining the company is Mike Llewellyn, who will serve as product manager for F&I Express’ ecancellation solution, Express Recoveries.
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Leung brings 20 years of digital media and technology experienced to LotLinx’s growing executive team.
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Cox Automotive’s ‘Future of Digital Retail Study’ reveals that dealerships remain central to the car-buying experience, but the instore experience tends to fall short of consumer expectations.
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Jeff Bounds, former national sales director for Dominion Dealer Solutions, has joined InteractiveTel as the company’s director of business development.
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Through the newly forged partnership, Chase will deliver financing terms online through the AutoFi Platform. The finance source is the first national bank to join the Ford Credit-backed AutoFi platform.
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The funding round, which will allow Reviver Auto to expand the footprint of its digital license plate, was led by Australian-based ACK Group. The firm also announced the addition of two new members to its board of directors, former Emotient CEO Ken Denman and former R.L. Polk CEO Stephen Polk.
Read More →Alliance Ventures, a new corporate venture capital fund, will act as the main interface for startups, investors, and the venture capital ecosystem, and will prioritize open innovation in new mobility, including electrification, autonomous systems, connectivity, and artificial intelligence.
Read More →After making upgrades to its Manheim Market Report this past summer, Manheim announced today that more than 90,000 unique users, on average, access MMR each month.
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