Auto Retail News

TruVideo, the leader in AI (“Artificial Intelligence”) and AR (“Augmented Reality”) driven communication technology for the transportation industry announced that it has secured a $40 million minority growth investment from TZP Growth Equity.

When a Republican sits behind the resolute desk in the Oval Office with a majority in both the House and Senate, it has historically been seen as being good for auto manufacturers. But President-elect Donald Trump is not your typical President or pol

Auto retailers are facing substantial challenges in adopting artificial intelligence (AI) and predictive data technologies, underscoring a critical gap in the industry’s ability to effectively utilize advanced technologies that could enhance operat

Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, announces that the Data Distribution Service (DDS) standard is now included in the AUTOSAR Foundation Package—a set of shared standards supporting both Cla

NXP Semiconductors new wireless battery management system (BMS) solution with Ultra-Wideband (UWB) capabilities helps solve complex manufacturing processes The product is projected to accelerate the adoption of electric vehicles NXP Semiconductors N.

In a new major enhancement to the Apollo Customer Experience Platform (CXP), dealers partnering with Team Velocity can now unlock the power of automated customer scoring and real-time alerts with Deal Alerts. As customers engage throughout their jou

For the fourth consecutive month, new-vehicle prices climbed higher in December 2024, just falling short of all-time high mark in December 2022. Kelley Blue Book reported on Jan. 15 that the average transaction prices (ATPs) for new-vehicles were $

Pre-pandemic, the profitability of used car sales was declining. But as we all witnessed, the supply and demand challenges in the marketplace during COVID flipped the script. Due to the semiconductor chip shortage and subsequent low stock of new car

Valvoline Inc., the quick, easy, trusted leader in preventive automotive maintenance, announces it intends to refranchise 38 existing Valvoline Instant Oil Change service centers to a new franchisee, Velocity Auto Care. The service centers are locate