Consolidation in the digital retailing sector has been seen this week with the announcement of two acquisitions. Cox Automotive has bought F&I Express of Grapevine, Texas, a provider of technology solutions for the automotive aftermarket sector and developer of a connected network of service providers, including dealers, agents and lenders. Its products include Express Recoveries, Read More..
Cox Automotive has established a new business division, Mobility Solutions Group, to focus on products for fleets, consumer mobility and mobility-as-a-service (MaaS). To join its investments in this group is newly-acquired Clutch Technologies, which brings a technology platform to support subscription access to automotive services. Clutch, formed and developed with support from Cox Enterprises’ Innovation Read More..
ATLANTA — The automotiveIT International conference, which concluded here last Wednesday, highlighted the breadth of the challenges and opportunities in the auto industry as companies change processes, products and business models. Industry speakers at the two-day event said a bright future lies ahead if automakers and suppliers successfully manage to develop and start adopting new Read More..
Cox Automotive has launched a new connected retail platform that offers a set of online tools to improve the car buying process. The US car retailer said the platform, which is called Accelerate, will make car buying faster, easier and more enjoyable. It will also save consumers time at the dealership, Cox said. Accelerate is Read More..
Cox Automotive said it plans to acquire Dealertrack, a maker of automotive retail software for 4 billion dlrs in cash. The US digital marketing group said that, together, the two companies will offer a bigger portfolio of products and services to consumers, dealers, lenders and car manufacturers. “Integrating our platforms will be a big step Read More..