Dealership management system

Motive Retail’s Motive Integrator eXchange (MIX) Announces Certification with Cox Automotive Dealertrack’s Opentrack Integration Program

Retrieved on: 
Tuesday, April 30, 2024
Software, Other Retail, Automotive, Specialty, Other Automotive, Technology, General Automotive, Retail, MIX, Certification, API, DMS, Dealership management system, Organization, Online shopping

Motive Retail, a trusted provider of integration solutions and technology within the automotive retail industry, has announced its collaboration with Cox Automotive Dealertrack DMS, a leader in dealership management software solutions, by integrating its innovative MIX platform with Dealertrack’s acclaimed Opentrack API Integration Program.

Key Points: 
  • Motive Retail, a trusted provider of integration solutions and technology within the automotive retail industry, has announced its collaboration with Cox Automotive Dealertrack DMS, a leader in dealership management software solutions, by integrating its innovative MIX platform with Dealertrack’s acclaimed Opentrack API Integration Program.
  • With a steadfast commitment to enhancing connectivity and interoperability within automotive retail technology, Motive Retail’s integration with Dealertrack’s Opentrack APIs signifies a transformational leap forward.
  • This collaborative endeavor between Motive Retail and Dealertrack DMS aligns with both organizations' visions of creating a more interconnected and efficient automotive retail environment.
  • Cox Automotive Dealertrack’s Opentrack API Integration Program is renowned for its open architecture, which encourages a diverse array of technology solutions to thrive within the automotive industry.

automotiveMastermind Enhances Mastermind's Connectivity Through Tekion Integration

Retrieved on: 
Tuesday, April 23, 2024
Cloud, Dealership management system, Partnership, DMS, Behavior, APC, Software as a service, API, ARC, Original equipment manufacturer, Video game

This integration heightens the ability of Mastermind to predict in-market buying behavior and drive engagement by automatically sharing customer information from Tekion to Mastermind.

Key Points: 
  • This integration heightens the ability of Mastermind to predict in-market buying behavior and drive engagement by automatically sharing customer information from Tekion to Mastermind.
  • "Mastermind's latest integration syncs customer information from Tekion to unlock more powerful predictions and real-time insights that dealers can use to drive sales," said Aaron Baldwin, chief product officer at automotiveMastermind.
  • "As we continue to integrate Mastermind with high-profile industry leaders like Tekion, we can offer even greater capabilities to our dealer partners, allowing them to harness the full power of its technology."
  • Heightened data security: A secure API connection improves a dealer's ability to protect and store sensitive customer data shared between Mastermind and Automotive Retail Cloud.

Upstart Expands AI-Powered Vehicle Financing Nationwide

Retrieved on: 
Wednesday, January 31, 2024
Software, Finance, Automotive, Artificial Intelligence, Banking, Professional Services, Technology, General Automotive, Digital, Dealership management system, DMS, NADA, Sale, CDK, Integration

Upstart (NASDAQ: UPST), the leading AI lending marketplace, today announced it will expand its auto retail financing capability nationwide to reach 90% of consumers in the U.S. by the end of the first quarter 2024, up from 70% in the third quarter last year.1

Key Points: 
  • Upstart (NASDAQ: UPST), the leading AI lending marketplace, today announced it will expand its auto retail financing capability nationwide to reach 90% of consumers in the U.S. by the end of the first quarter 2024, up from 70% in the third quarter last year.1
    With interest rates at 20-year highs, consumers are struggling to find financing options that allow them to purchase a car affordably.
  • “Upstart’s easy application process and rapid borrower approvals have strengthened our ability to deliver the excellent experience we’re known for.”
    Integrated financing is just one part of Upstart’s auto retail platform.
  • More than 700 dealers across the U.S. are already harnessing these enhanced auto retail features to connect with customers, save time, and close sales.
  • To learn more about Upstart’s auto retail platform, watch this video .

STELLA AUTOMOTIVE AI COLLABORATES WITH MICROSOFT TO ADVANCE AUTOMOTIVE RETAIL WITH GENERATIVE AI-POWERED TECHNOLOGY

Retrieved on: 
Thursday, February 1, 2024
Intelligence, Dealer, OEM, AI, Synthetic media, Mobility, Dealership management system, STELLA, Microsoft Azure, Corporation, Microsoft, CRM, Original equipment manufacturer, Software as a service, Customer service

TAMPA, Fla., Feb. 1, 2024 /PRNewswire/ -- STELLATM Automotive AI today announced its collaboration with Microsoft to deliver a next-generation automotive retail customer experience that combines STELLA's extensive language-driven automotive technology portfolio with  Microsoft Azure AI Services.

Key Points: 
  • TAMPA, Fla., Feb. 1, 2024 /PRNewswire/ -- STELLATM Automotive AI today announced its collaboration with Microsoft to deliver a next-generation automotive retail customer experience that combines STELLA's extensive language-driven automotive technology portfolio with  Microsoft Azure AI Services.
  • "Today STELLA creates unmatched efficiency delivering front line conversational technology in the dealer environment," says Rich Sands, STELLA Automotive AI's CEO.
  • By re-platforming on Azure, STELLA will be able to integrate with Microsoft Azure advanced AI capabilities to improve its digital voice assistant.
  • The collaboration enables automotive OEMs and their customers to create a holistic user experience through seamless integrations using conversational AI.

Pinewood Asia Pacific takes next legal step against Pendragon subsidiary

Retrieved on: 
Thursday, February 1, 2024
Petitioner, PLC, Mergers and acquisitions, Dealership management system, PWAP, DMS, Pendragon PLC, High court, Sale, Pendragon

LONDON, Feb. 1, 2024 /PRNewswire/ -- Pinewood Asia Pacific (PWAP), an Asian-based technology supplier, has taken legal action in the US, in relation to their ongoing dispute with Pinewood Technologies PLC (PWUK) being heard in the UK.

Key Points: 
  • LONDON, Feb. 1, 2024 /PRNewswire/ -- Pinewood Asia Pacific (PWAP), an Asian-based technology supplier, has taken legal action in the US, in relation to their ongoing dispute with Pinewood Technologies PLC (PWUK) being heard in the UK.
  • PWAP alleges contract breaches by Pendragon subsidiary PWUK  in their reseller agreement, resulting in PWAP being unable to fulfil contracts it had devoted time and resources into building.
  • All Documents relating to the sales, distribution, and/or actual or planned expansion of PWUK's Dealer Management System ("DMS") in the Asia Pacific region.
  • Pinewood Asia Pacific Director Josephine Lee said, "We believe crucial evidence and information will be obtained during this process that will assist in proving our case and the actions of Pinewood Technologies UK (and the extent to which Pendragon was aware of, or complicit in, those actions).

DealerOn Transforms Automotive Website Personalization with New Signals Product and Partners with fullthrottle.ai to release Signals Experience Cloud (SXC) at NADA 2024

Retrieved on: 
Thursday, February 1, 2024
Cloud, Google Analytics, SXC, Environment, Synthetic media, Marketing, DMS, GA4, Generative, NADA, Interest, ROI, Dealership management system, Retail

ROCKVILLE, Md. and MALVERN, Pa., Feb. 1, 2024 /PRNewswire/ -- DealerOn Inc. has unveiled its new Signals platform, a game-changer in automotive website personalization. This cutting-edge, open ecosystem harnesses a diverse range of a dealer's own data sources, including browsing behavior from Google Analytics (GA4) data, third-party customer data platforms, digital advertising, and email marketing interactions, to deliver unparalleled personalization for every visitor.

Key Points: 
  • Signals and SXC transform Automotive Website Personalization by enhancing the user experience and increasing marketing efficiency and ROI for dealerships.
  • and MALVERN, Pa., Feb. 1, 2024 /PRNewswire/ -- DealerOn Inc. has unveiled its new Signals platform, a game-changer in automotive website personalization.
  • For dealerships looking to turbocharge the solution, DealerOn presents Signals Experience Cloud (SXC) powered by fullthrottle.ai.
  • DealerOn & fullthrottle.ai will be showcasing these offerings at booths 4313W (DealerOn) and 4921W (fullthrottle.ai) at the NADA 2024 show in Las Vegas.

TruVideo Partners with Karmak to Build Transparency and Ease Across Commercial Trucking

Retrieved on: 
Monday, January 29, 2024
Partnership, Life, DMS, Operating system service management, Communication, Trust, Dealership management system, Video game

When a repair order is opened in the service department, it will now automatically open a repair order in TruVideo, linking the repair order and minimizing double entries.

Key Points: 
  • When a repair order is opened in the service department, it will now automatically open a repair order in TruVideo, linking the repair order and minimizing double entries.
  • "In the service lane, trust and transparency are key markers to building customer retention.
  • Working with the team at TruVideo on the pilot to integrate into our Karmak accounting system was effortless.
  • For more information on TruVideo and its powerful AI-based solutions, please visit https://truvideo.com/ai/

Getac Partners with Authenticom to Accelerate Automotive Aftersales Integration of Getac's Aftersales Platform and Authenticom's DealerVault

Retrieved on: 
Thursday, November 16, 2023
Online, Car dealership, DMS, Algorithm, Partnership, Getac, Dealership management system, NADA

Getac's artificial intelligence (AI) algorithms enable dealers to take data from a multitude of sources to make informed decisions.

Key Points: 
  • Getac's artificial intelligence (AI) algorithms enable dealers to take data from a multitude of sources to make informed decisions.
  • "We are pleased to welcome Getac into our network of partners on our DealerVault platform," said Michelle Phelps, Director of Sales at Authenticom.
  • We are very pleased to be the 'business behind the business' to help our partners in automotive provide world-class solutions to thousands of dealers in North America and Canada."
  • This provides complete transparency and control of field-level detail of vendor feeds and ultimately increases data security, visibility and reduces data integration costs.

Whillet Collaborates with Visa to Introduce Carment: A Next-Level Instant Payment Platform for the U.S. Used Car Market

Retrieved on: 
Tuesday, November 7, 2023
Technology, Payments, Automotive, Finance, General Automotive, Fintech, Banking, Professional Services, Software, Start-Up, SVP, DMS, Dealership management system, Visa, David Carment, Life, Financial services, Online shopping

Whillet, an embedded finance startup, is excited to announce its collaboration with Visa, a world leader in digital payments, to roll out the Carment Instant Payment Platform in the U.S., enabled by Visa Direct.

Key Points: 
  • Whillet, an embedded finance startup, is excited to announce its collaboration with Visa, a world leader in digital payments, to roll out the Carment Instant Payment Platform in the U.S., enabled by Visa Direct.
  • Whillet’s Carment Instant Payment Platform uses Visa Direct’s real-time[1] payment capabilities and is designed to help make used car sales secure and flexible, ensuring sellers receive funds swiftly after a transaction through an eligible card.
  • Through this collaboration, Whillet will offer solutions to improve payment processes procedures in the used car market.
  • “Carment Instant Payment Platform, enabled by Visa Direct, aims to provide a seamless and efficient payment experience in the annual used car market with 35.7 million sales.

Fidus Investment Corporation Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023
Fidus, DMS, Intelligence, GAAP, Research, Advertising, Combined Systems, Inc., DRIP, Income tax, Natural borrowing limit, Depreciation, Investment, Dealership management system, SBA, Bank, Life insurance, Security (finance), Holding company

EVANSTON, Ill., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ:FDUS) (“Fidus” or the “Company”), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Our total portfolio investments at fair value were approximately 103.5% of the related cost basis as of September 30, 2023.
  • Third quarter 2023 investment activity included the following new portfolio company investments:
    Dealerbuilt Acquisition, LLC, a leading provider of Dealer Management System (DMS) software for auto dealerships.
  • Management will host a conference call to discuss the operating and financial results at 9:00am ET on Friday, November 3, 2023.
  • Please ask to be joined into the Fidus Investment Corporation call.