FI showroom red and grey logo
MenuMENU
SearchSEARCH

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.

by Staff
September 20, 2011
1 min to read


DALLAS — Bruce Thompson, former CEO and founder of American Auto Exchange (AAX), announced that he will be launching a new inventory management system called RedBumper.

Arriving in October, Dallas-based RedBumper offers a comprehensive suite of tools that range from real-time appraisal decision support to instant Web distribution, listing and pricing from a smartphone, tablet or portal, according to the company. The system is a smartphone-centric platform that integrates with tablets and desktop applications.

Ad Loading...

“The bottom line is that we believe we can deliver a product to the market that gives dealers the tools they will actually use,” Thompson said. “The system is so intuitive that dealers will be installed and making much better acquisition and pricing decisions within minutes.”

RedBumper has been piloting components of its system via a private label partnership since February, according to the company.

“We wanted to test our tools in the real world while keeping things under the radar at the same time,” Thompson said. “The private label strategy has allowed us to accomplish that goal.”

For more information, visit www.redbumper.com.

More Digital

A customer signs documents on a digital e-contracting tablet using a stylus while a dealership employee points to the screen, alongside the Reynolds and Reynolds and Assurant logos.
Digitalby StaffMarch 6, 2026

Automotive Training Academy by Assurant Grow Offering

A new Atlanta location on Reynolds and Reynolds' docuPAD e-contracting system is designed to broaden access for auto professionals.

Read More →
F&IMarch 4, 2026

Creating Your Own Economy

In this video, Reese Dailey explains how effective follow-up drives better results across the dealership, including increased sales, higher F&I penetration, and stronger customer retention.

Read More →
A dealership customer works with an F&I representative at a desk during the vehicle purchase process.
Digitalby StaffJanuary 30, 2026

Assurant Debuts Virtual Solution for Dealers' Staffing Challenges

Company says on-demand access to F&I specialists is shown to boost dealership efficiency and profitability.

Read More →
Ad Loading...
Chris Walsh, president and acting CEO of Reynolds and Reynolds, standing inside an office building wearing a blue suit.
Digitalby StaffJanuary 12, 2026

Reynolds Highlights Intelligence at Every Touchpoint at NADA

The NADA exhibitor will again bring a full slate of innovations and opportunities to the most anticipated event for auto dealership professionals.

Read More →
DigitalDecember 16, 2025

What to Do When Your Vendor Is Hacked

The quickest way to turn a breach into a crisis is to wing it. Follow this seven-step playbook to ensure you meet your obligations.

Read More →
Digitalby Hannah MitchellDecember 3, 2025

Dealer Credit Service Provider Breached

Hack exposed thousands of dealerships’ customer data

Read More →
Ad Loading...
DigitalNovember 18, 2025

Unearthing the Gold in Your Dealership Data

How to take a smarter path to revenue

Read More →
Digitalby Hannah MitchellOctober 29, 2025

Auto Dealers’ Take on AI

Study finds recognition of its usefulness, but franchisers are treading sometimes confusing waters carefully

Read More →
Digitalby Hannah MitchellSeptember 22, 2025

Synthetic ID Fraud Comes With Clues

TransUnion research reveals telltale signs that the information a customer provides could be faked.

Read More →
Ad Loading...
DigitalSeptember 17, 2025

The Looming Threat of Deepfakes

They represent a new era of auto and financial fraud.

Read More →