Trending Auto Retail News
Auto Brand Retention Grew in 2023: Reynolds and Reynolds
Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released by Reynolds and Reynolds. The 2024 Automotive Brand Retention and Defection Report is derived from finalized deals for new and used vehicles that were purchased...
January U.S Sales Expected to Show Gains as Cox Predicts a Return to Normal in 2024
Car sales for for the first month of 2024 are expected show gains compared to a year earlier when sales figures are announced, according to officials at Cox Automotive. The January sales data falls in line with Cox’s 2024 prediction of a year returning to normal for...
CDK Delivers Innovation Across the Dealership Xperience Platform at NADA Show 2024
There’s no shortage of news in the automotive industry about vehicle affordability, high interest rates, confusion about electric vehicles, and a lack of used car inventory. But there is one headline that rises to the top: consumers are struggling with the automotive...
Reynolds/CARFAX Collaboration is a Big Win for Dealerships and Consumers
The Reynolds and Reynolds Company and CARFAX are announcing a collaboration simplifying automobile dealerships’ integration with CARFAX, while enhancing consumer confidence. Through the Reynolds Certified Interface program, dealerships that opt into CARFAX Car Care...
The Future of AI-Assisted Inventory Management: Lotlinx Sentinel Helps Dealers Mitigate Inventory Risk
Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, recently launched Lotlinx Sentinel – a highly evolved vehicle risk mitigation platform. Sentinel protects dealers by forecasting risks and implementing targeted...
Quantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities
Ander, and its automotive division Quantum5, the first holistic learning ecosystem in automotive to drive measurable performance through engagement and proficiencies, is proud to announce the acquisition of Trivie, a modern workforce engagement platform that utilizes...
Omne Trium Perfectum
And today, a message in Latin about “threes." Omne trium perfectum conveys “everything that comes in threes is perfect." In other words, pay attention when things come in threes. As humans, we recognize things and process information through pattern recognition. So,...
Gubagoo to Unveil Prototype Customer Data Platform at NADA 2024
Gubagoo, the leading provider of conversational commerce and retail solutions for both automotive dealerships and OEMs, is proud to bring a new prototype customer data platform (CDP) to NADA 2024. “The Gubagoo CDP will revolutionize how dealerships leverage data,”...
Modives Automates Aggravating and Time-Consuming Insurance Verification Process for Auto Industry with CheckMy Driver
InsureTech Modives, the industry’s leading insurance verification and monitoring solution, announced the launch of its application for the auto space, CheckMy Driver. Built for auto dealerships, service centers, rideshare, and auto rentals, CheckMy Driver’s real-time,...
Vehicle Acquisition Network Unveils VAN West Loop: A New Era in Auto Dealership Technology
As Vehicle Acquisition Network (VAN) celebrates its 11th anniversary this January, it is proud to announce the launch of its latest platform update, VAN West Loop. Named after the dynamic and innovative Chicago neighborhood, West Loop represents a significant leap...
automotiveMastermind Announces New Integrations, Data Services & Open Platform
automotiveMastermind (aM), part of S&P Global Mobility and the automotive industry's trusted data and technology provider, announced it has made significant enhancements to its Mastermind technology through strategic integrations that will make it easier for...
AutoFi’s platform expansion delivers overwhelming results with deal time reduced by 70%
AutoFi Inc. the leading provider of sales and finance technology across the automotive industry, has expanded its platform into the showroom to solve issues dealers have grappled with for years which create inefficiencies in their sales process including bottlenecks...
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