Car Dealerships news and trends

Numa Obtains $32 Million to Drive AI-Powered Auto Dealer Platform
artificial intelligence // October 01, 2024

Numa, an artificial intelligence (AI) platform for auto dealerships, announced it has secured $32 million in a Series B funding round. Numa will use the funding to expand its AI engineering team, accelerate product development and continue its mission to power AI-native dealerships, the company...

Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
Transportation // September 23, 2024

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United Auto Credit Corporation (UACC), a...

Curbee Launches Platform to Help Car Dealerships Add Mobile Service
Transportation // July 26, 2024

Curbee has launched its software-as-a-service (SaaS) mobile service technology platform for car dealers nationwide. This move follows a successful limited launch of the platform in January, the company said in a Friday (July 26) press release. The company also said Friday that it has closed on additional...

AutoNation: CDK Hack Will Hurt Earnings
Security & Fraud // July 15, 2024

The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country, warned on Monday (July 15) that the cyberattack will impact its second quarter earnings by $1.50 per share. The company...

Interviews & Exclusives
Vroom Completes Business Wind-Down; Shifts Focus to Core Assets

September 23, 2024
In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United Auto Credit Corporation (UACC), a leading automotive finance company; and CarStory, a leader in AI-powered […]

Blinker CEO: Every Picture Tells An Auto Sales Story

February 23, 2018
Americans like owning and driving cars — 88 percent of those who are legally able to drive are owners of cars, according to Pew, giving the U.S. the world’s second-highest...

Quick Reads
Numa Obtains $32 Million to Drive AI-Powered Auto Dealer Platform

October 01, 2024
Numa, an artificial intelligence (AI) platform for auto dealerships, announced it has secured $32 million in a Series B funding round. Numa will use the funding to expand its AI engineering team, accelerate product development and continue its mission to power AI-native dealerships, the company said in a Tuesday (Oct. 1) news release. “We are […]

Curbee Launches Platform to Help Car Dealerships Add Mobile Service

July 26, 2024
Curbee has launched its software-as-a-service (SaaS) mobile service technology platform for car dealers nationwide. This move follows a successful limited launch of the platform in January, the company said in...

AutoNation: CDK Hack Will Hurt Earnings

July 15, 2024
The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country, warned on Monday (July 15)...

CDK Says It’s Recovering From Hack Faster Than Expected

July 02, 2024
CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken down by hackers. The company...