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2016 Investments In Car Tech Startups Exceeds $1 Billion

There’s no question that the car tech market is growing quickly. According to a report from CB Insights, more than $1 billion was invested in this space in 2016, which marks a 30 percent increase in deal activity over the previous year.

Feb. 23, 2017
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Feb
21
2017
Auto Dealership Sued Over Allegations Of Bank Fraud And Racial Profiling

An auto dealership in Victorville, California is being sued by a former employee over allegations of systemic bank fraud and fostering a work environment rife with racial discrimination.

Feb. 21, 2017
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Feb
17
2017
Bye-Bye Beepi?

Beepi, the used car marketplace that raised $150 million dollars, has now officially gone bust. The company has been shut down, and sold off in parts to repay debts.

Feb. 17, 2017
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Report: A Ten Year Strategic Outlook For The North American Automotive Market

Market research analysis company Commodity Inside has released its report, “A Ten Year Strategic Outlook for the North American Automotive Market,” to provide insights into the current state of the auto industry and its future direction.

Feb. 16, 2017
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CDK, Reynolds and Reynolds Lawsuit: A Deeper Look

As we recently reported, the complaint says that CDK and Reynolds are illegally blocking MVSC from joining their data access programs, which would grant MVSC access to data from dealership management systems (DMS).

Feb. 16, 2017
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Feb
15
2017
Did Google Update Its Search Rankings Algorithm Last Week?

Many webmasters have been reporting about changes in Google’s search rankings algorithm over the past week, although the company has not commented on the situation.

Feb. 15, 2017
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Ford Announces $1 Billion Investment In Artificial Intelligence

Ford Motor Co. announced today that they are investing $1 billion over the next five years in an artificial intelligence startup called Argo AI. The company, headquartered in Pittsburgh, will help Ford create a virtual drive system for autonomous vehicles, which Ford says are coming to market in 2021. “The next decade will be defined […]

Feb. 10, 2017
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Study: Motivating Performance

A new DrivingSales study is giving more insight into what motivates employees at a dealership. While some of the findings seem on par with expectations, others may surprise you.

Feb. 10, 2017
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Feb
10
2017
Do Online Retailers Pose A Threat to Traditional Auto Parts Companies?

As online retailers, such as Amazon, increasingly enter the auto parts industry, do they pose a threat to traditional companies in this space?

Feb. 10, 2017
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MVSC Files Antitrust Lawsuit Against CDK And Reynolds

Motor Vehicle Software Corporation (MVSC), a provider of electronic vehicle registration and titling services (EVR), has filed an antitrust lawsuit in federal court in Los Angeles against CDK Global, Inc., The Reynolds and Reynolds Company, and Computerized Vehicle Registration, Inc. (CVR).

Feb. 9, 2017
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Survey: The Technology That Consumers Want In Today’s Cars

Research indicates that almost half of today’s buyers say they care more about getting the right technology features in a car than they do about its brand or even body style.

Feb. 9, 2017
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Honda And Hitachi Automotive Announce Plans To Form EV Motor Joint Venture

Honda Motor Co. and Hitachi Automotive Systems have announced plans to form a joint venture to produce and sell motors for electric vehicles, in an effort to better compete in the specialized “green” car segment.

Feb. 7, 2017
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