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Category: Automotive Industry

Winter Storm Jonas Hit the East Coast Hard. Here’s How to Prevent your Dealership from Taking a Hit in Harsh Winter Weather Conditions.

Winter Storm Jonas Hit the East Coast Hard. Here’s How to Prevent your Dealership from Taking a Hit in Harsh Winter Weather Conditions.

With as warm and unpredictable as this winter season has been, it was an exciting change of pace when Winter Storm Jonas hit the east coast. The biggest downside to having a winter wonderland, however, has everything to do with our automobiles. Clearing out mountains of snow on driveways, salting sidewalks and streets to prevent slippery conditions, and increased risks while driving are just a few setbacks that result from these anticipated snow days. With all of the stress winter…

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MyDealerOnline to Expand Internationally through Partnership with Bendary Car Corporation

MyDealerOnline to Expand Internationally through Partnership with Bendary Car Corporation

February 01, 2016 06:00 AM Eastern Standard Time LANGHORNE, Pa.–(BUSINESS WIRE)–MyDealerOnline®, Inc. is pleased to announce its recent exclusive partnership with Bendary Car Corporation out of New York. MyDealerOnline and Bendary Car Corporation’s new distribution agreement will allow MyDealerOnline to expand to multiple international automotive markets. “Overseas dealers will gain greater access to U.S. auction inventory, $0 brokerage fees and $0 logistics markup. Bendary Car Corp. will provide interest-free financing up to 50% of the vehicle cost. Also, interest-free financing…

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General Motors Succeeds in Tackling All Aspects of the Upcoming Automotive Industry, Even Millennials

General Motors Succeeds in Tackling All Aspects of the Upcoming Automotive Industry, Even Millennials

News is going viral that within the next month General Motors will release an online platform to market and sell their used-car inventory. You may not think this is the first of it’s kind, but they have further released news about the additional features that will be offered to customers. AutoRemarketing states that some of those features include bumper-to-bumper warranties, flexible exchange programs, and bonus features added to the car itself such as an OnStar Guidance Plan, roadside assistance and satellite radio…

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MyDealerOnline Receives $1M in Funding to kick off the New Year | Business Wire

MyDealerOnline Receives $1M in Funding to kick off the New Year | Business Wire

LANGHORNE, Pa.–(BUSINESS WIRE)–MyDealerOnline®, Inc., the only digital product that allows car dealers to broker wholesale auto auction inventory straight from their own websites, is starting the new year off strong after receiving $1M in funding just before the close of 2015. With recent developments like new product features, prosperous partnerships and industry recognition, MyDealerOnline successfully secured financial support from the same group of investors as prior funding rounds. Now totaling $3.25M in funding, the additional $1M allows MyDealerOnline to focus…

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Autonomous Features in Cars Are No Longer an Anomaly in the Automotive Industry

Autonomous Features in Cars Are No Longer an Anomaly in the Automotive Industry

The future might be just around the corner, as reported by AutoRemarketing. Research shows that autonomous cars, or cars that are able to drive on their own, may be readily available to the public in the millennials’ lifetime. Some experts further say that they could be presented to the public in as little as 10 years.  Sounds impossible, but take into consideration the autonomous features that already are in existence. We have sensors that detect and signal warnings when our cars…

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Philadelphia-Based Startup, MyDealerOnline®, Raised $1.6 Million to Allow Car Dealers to Sell Cars Before They Buy Them

Philadelphia-Based Startup, MyDealerOnline®, Raised $1.6 Million to Allow Car Dealers to Sell Cars Before They Buy Them

6 Neshaminy Interplex, Suite 310 Trevose, PA 19053                                                                                        August 24, 2015 P R E S S    R E L E A S E   Philadelphia-Based Startup, MyDealerOnline®, Raised $1.6 Million to Allow Car Dealers to Sell…

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“Sell Before You Buy”

“Sell Before You Buy”

Have you ever gone to the car dealer and not found the car you were looking for? 76% of consumers start their car buying process online, making it almost impossible for a used car dealer to have the car they want to purchase. We are filling the void by providing virtual inventory to the dealer’s website. MyDealerOnline is a wholesale to retail product that allows a used car dealer to sell a car before buying it which is no out of pocket…

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