Acquisitions, product launches, funding, OEM approvals, and leadership moves across automotive dealership technology — tracked and updated daily.
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.
ASE (National Institute for Automotive Service Excellence) acquires WrenchWay, a workforce development platform. WrenchWay's co-founders and employees join ASE to expand its workforce platform offerings.
RockED has launched a new parts department training program designed to strengthen customer relationships and dealership operations through role-based learning for parts staff.
Wikimotive announces executive leadership restructuring with new President (Danielle Billings), CEO (Zach Billings), and COO (Josh Billings). Strategic realignment of C-suite positions at automotive DMS/marketing vendor.
STAR announces launch of AI-powered Member Toolset suite designed to simplify API implementation and accelerate adoption across automotive retail ecosystem. This is a new product announcement from an automotive-relevant standards organization.
Privacy4Cars announces DisconnectedCar, a new solution addressing connected vehicle security risks. This is a first-time product launch from a vendor serving dealership cybersecurity needs.
Lucid Motors announced an 18% US workforce reduction and the resignation of its Chief Operating Officer.
AutoAlert case study showing a Southeast CDJR dealership achieved 215 vehicle acquisitions, 60% gross profit increase, and more sales opportunities in three months using their platform.
Insignia Group case study: Coon Rapids CDJR accessory manager Kyle Johnson drove $87,000 in monthly accessory sales and $12k in a single day, with 70% tied to used vehicle sales through a refined process. Includes specific metrics and measurable outcomes.
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