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The tech firm confirmed this week reports that COO Mark O’Neil plans to retire this February. He’ll depart almost four years after Cox’s acquisition of...
https://www.autodealertodaymagazine.com/350997/cox-automotives-oneil-to-retire-in-february
Alex Mallman, who most recently served as president and CEO of Mercedes-Benz Auto Finance China, replaces AutoGravity’s co-founder and CEO Andy Hinrichs,...
https://www.autodealertodaymagazine.com/324064/autogravity-names-new-ceo-ctoThe deal was first reported on Sunday by The Banks Report, which described the pending acquisition as checking off 'several boxes for CDK while filling a...
https://www.autodealertodaymagazine.com/324057/cdk-global-to-acquire-elead1one
The startup’s war chest now totals $30 million after securing $15 million in new funding. The announcement comes on the heels of two other major...
https://www.autodealertodaymagazine.com/324018/updated-roadster-secures-new-funding-announces-new-ties-with-lithia-lexusAdd Cox Automotive to the growing list of tech vendors and dealers alleging that CDK and Reynolds and Reynolds Co. conspired to eliminate competition for...
https://www.autodealertodaymagazine.com/323606/cox-automotive-files-antitrust-lawsuit-against-cdk-global
The F&I product provider rolled out a new virtual F&I model aimed at powersports and independent dealers, but the executive overseeing the service offered...
https://www.autodealertodaymagazine.com/323212/efg-companies-launches-virtual-fi-service
The deal was executed through a wholly owned subsidiary developed by RouteOne. It will operate as MaximTrak Technologies under the leadership of RouteOne...
https://www.autodealertodaymagazine.com/322820/routeone-targeting-digital-retailing-with-acquisition-of-maximtrakAlly CEO Jeffrey Brown acknowledged the finance source missed analysts’ expectations in the third quarter, but said the finance sources feels even more...
https://www.autodealertodaymagazine.com/322723/ally-remains-bullish-about-future-prospectsRegulators in Maryland, Massachusetts and New York charge that the emissions scandal and alleged cover-up was orchestrated and approved 'at the highest...
https://www.autodealertodaymagazine.com/322495/3-states-charge-vw-execs-with-fraud-in-new-lawsuitsBeepi, an online used-vehicle retailer founded in 2013 by a serial entrepreneur who had a bad car-buying experience, is now offering nationwide vehicle...
https://www.autodealertodaymagazine.com/322463/online-retailer-launches-nationwide-vehicle-deliveryGeneral Motors responded on Friday to legal concerns raised in a Feb. 8 letter from the California New Car Dealers Association. The automaker said it is not...
https://www.autodealertodaymagazine.com/322184/california-dealers-question-legality-of-gms-online-sales-portal
On the same day WIRED magazine posted a video showing two hackers take over a Jeep Cherokee traveling down a St. Louis highway, two U.S. Senators introduced...
https://www.autodealertodaymagazine.com/321810/hackers-demonstrate-security-risks-in-connected-carsThe software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third...
https://www.autodealertodaymagazine.com/321734/cox-automotive-to-buy-dealertrack-for-4-billion
Officials with the F&I product provider said at last week’s NADA Convention & Expo that the company didn’t just develop a tablet menu, it developed a mobile...
https://www.autodealertodaymagazine.com/321441/zurich-unveils-tablet-fi-menu
Douglas Herberger resigned from his post as president of Allstate Dealer Services this week. A replacement has not been named, but the company told industry...
https://www.autodealertodaymagazine.com/320820/allstate-president-resigns