Tech News

Recovery Database Network (RDN) announced the launch of a new solution that enables recovery agents and automotive creditors to track the repossession status of a vehicle in real time in…
Cars.com Inc. reported a net loss of $9 million in the first quarter, compared to net income of $0.9 million. Revenues were $154.2 million, down $5.8 million year-over-year. Adjusted net…
TradeRev announced the pilot of its “No Questions Asked” return policy. The pilot currently allows buyers to exercise the return policy by notifying TradeRev within two business days of vehicle…
KAR Auction Services Inc. announced its participation in the Mobility Open Blockchain Initiative (MOBI) Electric Vehicle Grid Integration (EVGI) working group alongside representatives from Accenture, GM and Honda. MOBI is…
Manheim recently announced several upgrades for its Manheim Express mobile app. The first upgrade involves Manheim Express Concierge Service. Launched nationwide in February, Concierge Service provides dealers with a dedicated…
EBay announced a partnership with CarAdvise, a vehicle repair and maintenance technology platform, to expand the marketplace's tire replacement installation. The new partnership with CarAdvise initially adds 3,500 tire shops…
TrueCar Inc. announced that Chip Perry, its president and chief executive officer, has retired. TrueCar is planning for Perry to continue supporting TrueCar in an advisory capacity. The board has…
Manheim debuted its first all-digital auction with a ribbon cutting on May 22 at its Manheim Tucson location. The new four-lane format is a live auction where vehicles remain parked…