KAR Global Completes Acquisition of CARWAVE
The acquisition builds on KAR’s fast growth in the dealer-to-dealer segment.
The acquisition builds on KAR’s fast growth in the dealer-to-dealer segment.
Automakers hope to use 5G in big ways, such as downloading software updates on the go, updating digital maps, and sounding alerts about road conditions.
Capitalizing on strong consumer demand, new offering streamlines the flow for wholesaling vehicles.
With the new digital tool, dealers can see a quick summary showcasing the average local wholesale transaction price and average mileage of a specific vehicle’s make, model, year and trim.
How electric vehicles will spark new opportunities in dealerships ready for change.
Enhanced offerings let dealers tap into new sales and acquisition opportunities across their service, conquest and loyalty portfolios.
If you have been using digital retailing primarily as a lead generation tool, or if you are still using archaic contact requests, it’s time to put some serious thought into the middle ground of the digital retailing revolution.
Toyota and Lexus franchise dealers can now leverage Tekion’s Automotive Retail Cloud to provide best-in-class, seamless experiences for sales and service consumers.
Japanese automaker Toyota plans to spend U$13.5bn to develop electric vehicle battery technology and supply system by 2030.
Media Gallery is part of Rapid Recon’s product features to help automobile dealers maximize used car sales and profitability by improving the speed-to-sale of their used car inventory.
With the addition of CARWAVE’s scale and financial performance, KAR expects to be immediately profitable across its North American dealer-to-dealer platforms.
Taiwan is at work to address the global shortage of semiconductors, reported Economy Minister Wang Mei-hua after meeting with the newly appointed de facto U.S. ambassador in Taipei.
The complimentary service is meant as a stop gap for managers who are facing a critical need for employee communication as the pandemic ramps up again.
Dealerships that use TestDrive+ are now able to move interested customers down the sales funnel by taking them through inventory-specific payment calculations or shop-by-payment vehicle selection, and then invite the guest to schedule their test drive virtually.
EV companies, Arrival and Fisker, embark on paths designed to circumvent production challenges experienced by Tesla.
Whether you’re a full-fledged Internet dealer or you’re looking to set up an online strategy, here is a sampling of solutions that ruled the show floor at NADA 2012.
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