Acquisitions, product launches, funding, OEM approvals, and leadership moves across automotive dealership technology — tracked and updated daily.
Carvana acquired multiple Stellantis franchise stores and scaled one Arizona location from 30-50 units to over 700 monthly units using an online-first model. This represents a significant acquisition event with ownership transfer.
BendPak announces Apex™, a new pro-consumer product line built to BendPak specifications. This is a new product introduction for the automotive service equipment vendor.
UpdatePromise announces CardinaleWay Hyundai & Genesis of Mountain View as first dealership integrating Meta AI glasses into digital multi-point inspection workflow via Symphony platform. Specific implementation with measurable innovation adoption.
Priority Commerce Automotive (formerly Dealer Merchant Services) announces its rebranded identity with expanded payment processing capabilities. The company previously operated under the Dealer Merchant Services name.
Insignia Group announces ACE (Accessory Commerce Infrastructure), a new managed infrastructure platform for accessory commerce serving OEMs, digital retail platforms, and dealer technology providers. This is a new product launch for the automotive dealership ecosystem.
PureInfluencer, a sales engine platform for automotive retail, announces Ashley Callahan as General Manager in a strategic leadership appointment.
Stream Companies announced it has been named a preferred vendor for Nissan digital advertising. This represents OEM approval/endorsement.
Lotlinx, an inventory performance intelligence vendor for automotive retail, appoints George D. King, III as President and Chief Financial Officer. King is a veteran Fortune 500 executive and investment banker joining the executive leadership team.
Dealer Pay (via Vehlo) has been named a preferred vendor in The Shop by FordDirect, Ford's curated marketplace of dealership solutions. This represents OEM program approval/certification for a vendor serving the automotive dealership ecosystem.
AutoAlert case study documenting a California Honda dealer acquiring 261 vehicles in six months using AutoAlert's tools to identify high-intent customers. Includes specific quantified outcomes.
Penske and Mitsui are seeking to take Penske Automotive Group private in a $3.8B deal. This represents an ownership transfer of a major automotive retailer.
Stellantis appoints Matt VanDyke, former CEO of FordDirect, as new CEO of Ram brand. This is a significant C-suite executive appointment at a dealership technology vendor transitioning to OEM leadership.
ASE acquires WrenchWay, a service/fixed ops vendor. ASE CEO and WrenchWay co-founders discuss the acquisition and integration plans.
Tameron Honda and Tameron Nissan report measurable results using PartsEdge, including $19,143 in eliminated obsolete inventory and $24,922 in estimated additional monthly gross profit.
Bosch receives $225 million in federal funding as part of a larger $2 billion commitment to transform semiconductor production facility. Capital funding announcement.
Lucid Motors replaces nearly its entire C-suite due to sales struggles and accountability issues. Multiple C-suite leadership changes announced.
sMedia announces Smart Offer 2.0, a new version of its digital retailing solution featuring AI video integration and advanced group-wide automation capabilities. This is a product launch announcement for an automotive digital retail vendor.
Affinitiv announces CapSure, a new integration with Meta AI glasses for hands-free service video inspections. First product offering of this kind announced by the company.
UpdatePromise, a fixed operations platform, has been selected by Mazda as a preferred provider for service scheduling and digital service tools. The platform integrates service operations, customer communication, and financing for Mazda retailers.
America's Auto Auction announced the acquisition of Dealers Auto Auction of the Rockies, marking the company's first location in Colorado. This represents an ownership transfer in the automotive wholesale sector.
Lotlinx launches LotGPT, a free AI chatbot specifically designed for car dealerships to manage inventory, optimize pricing, and provide operational insights. Executive leadership discusses the new product on CBT News.
myKaarma announces a new integration with AutoService AI to add conversational AI capabilities for service lane appointment booking and customer inquiries. This is a new product feature being introduced for the first time.
Repairify and Opus IVS completed their merger to form a unified leader in automotive diagnostics. The transaction brings two diagnostics businesses together under one combined company.
Privacy4Cars launches DisconnectedCar, a new product designed to end prior users' remote vehicle access. Specific product launch announcement for a dealership ecosystem vendor.
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