CitNOW has continued a drive to broaden the reach of its automotive retail software platforms with the acquisition of workflow management specialist Real Time Communications (RTC).
CitNOW has expanded its international portfolio with the addition of two automotive software providers, Quik and Reef Business Systems.
A new online platform to help dealers manage the part exchange process has launched.
Tootle has expanded into online used car retail by establishing a platform which allows car dealers to retail as well as replenish their second-hand car stocks.
Car buyers are selling their vehicle, on average, within 20 months of purchase, according to Tootle.
Tootle has launched a new progressive comparison tool which allows car buyers to compare offers from dealers and car buying service companies.
News in brief from DMT, Tootle and VQS
Tootle has announced a seven-figure investment from Channel 4’s Commercial Growth Fund, enabling the online car selling platform to launch a TV advertising campaign.
Tootle has recorded a 16% month-on-month rise in the average value of used cars sold via it online trading portal as mileage and age continue to fall.
Automotive consumer website, HonestJohn.co.uk, has teamed up with Tootle.co.uk to introduce HonestJohn’s audience of 2.6 million in-market car buyers to Tootle’s platform.
Tootle credits a partnership with a BBC Apprentice winner with August sales success which saw the online platform retail £2m worth of vehicles.
Online car retail portal Tootle raised £2.5m of funding via an investment round led by Hambro Perks, bringing the total amount raised for the start-up to £4.3m.
RAC has announced a new deal that will give the 1,200 members of the RAC Dealer Network use of Tootle, at preferential rates.
Diesel drivers are being urged not to panic sell in the light of government plans to tackle dangerous emission levels through a ‘toxin tax’.
Tootle has struck up a partnership with Climb Online, the digital marketing agency founded by BBC Apprentice winner Mark Wright, .
Tootle has appointed Amy Buckley as its head of product and partnerships as it ramps up its expansion plans following a 52% month-on-month growth.
Tootle has appointed Roddy Graham and Geoffrey Page-Morris as non-executive directors as it ramps up its expansion plans following a 52% month-on-month growth.
Tootle has appointed Gordon Tulloch as its new chief executive following the decision by former CEO and co-founder Al Taylor to concentrate on early-stage start-ups.
Digital car appraisal specialist AUTOi is aiming to disrupt the cash-for-car market with the launch of a new trading platform bringing dealers and consumers together.
Tootle.co.uk is set to launch a £300,000 nationwide ad campaign as it attempts to match more private vehicle sellers with retailers.