Add Row

Add Element

update

Auto Dealers' Trainer & Recruiters News

update

January 21.2025

2 Minutes Read

TruVideo's $40 Million Investment Set to Transform Automotive Customer Engagement

Professional man on blue background, TruVideo investment context.

TruVideo's $40 Million Investment: A Game Changer for Customer Engagement

In an exciting development for the transportation industry, TruVideo has announced a significant milestone in its growth trajectory by securing a $40 million minority investment from TZP Growth Equity. This financial boost is poised to enhance TruVideo's innovative use of artificial intelligence (AI) and augmented reality (AR) technologies, aimed at transforming how dealerships communicate with their customers.

The Driving Force Behind True Innovation

As the market leader in customer engagement software, TruVideo serves over 6,700 dealerships, consistently delivering solutions that foster improved customer experiences. Co-Founder and CEO Joe Shaker emphasized the importance of this investment, stating, "This investment validates the quality of our innovation and the growth we have delivered." By harnessing AI and AR, TruVideo is redefining communication methods between dealerships and customers, leading to greater transparency and trust.

The Future of Customer Interaction: AI and AR Integration

Highlighting the significance of this investment, Co-Founder and CTO Douglas Chrystall mentioned that leading companies are increasingly integrating TruVideo's cutting-edge technologies into their platforms. This integration enables dealerships to revolutionize service delivery and enhance customer engagement, allowing for seamless experiences powered by advanced microservices and low-code solutions.

Building Trust in Automotive Communications

An essential takeaway from TruVideo’s latest move is its mission to enhance trust and transparency through improved communication tools. As customer expectations evolve, dealerships are being pressed to adopt technologies that not only streamline operations but also foster trust among their clientele. Shamit Mehta, a partner at TZP Growth Equity, noted that TruVideo addresses a crucial market need, suggesting a promising future for their partnership.

What This Means for Dealership Owners

This investment signals a clear trend in the automotive industry where technology, particularly AI and AR, plays a vital role. Dealership owners and general managers should leverage this knowledge to stay ahead of the curve. Implementing these technologies could be key to driving sales and improving customer satisfaction in an increasingly competitive market.

Auto Training

0 Views

0 Comments

Write A Comment

Related Posts All Posts

03.12.2025

Discover the Future: Toyota's FT-Me Micro Car Concept

Update Is the Micro Car Revolution Finally Here?As urban landscapes evolve, so too do the solutions for urban transportation. The newly unveiled Toyota FT-Me is positioned as a game-changer in the realm of micro-mobility. With its compact design, this two-seat electric vehicle (EV) not only caters to young drivers and families living in bustling city environments, but it also presents a sustainable alternative to traditional automotive options.What Makes the FT-Me Stand Out?Measuring just 2.5 meters long—or roughly 98 inches—the FT-Me takes the spotlight as Toyota’s foray into the small vehicle market. Designed for narrow streets and congested areas, it offers a top speed of just 45 km/h (about 28 mph), making it suitable for low-emission zonesOne of the standout features is its versatile interior. While it accommodates two passengers, its innovative design allows the passenger seat to be easily removed, creating ample space for larger cargo such as a folded bicycle. Notably, the vehicle is equipped with a rectangular, yoke-like steering wheel—a nod to modern design aesthetics as well as practical functionality for those with mobility challenges.The Driving Force Behind Urban MobilityDesigned to address the need for low-cost transportation solutions, the FT-Me is part of a broader movement towards zero-emission vehicles that can operate within urban environments. According to Stijn Peeters, head of new mobility projects at Toyota, this model aims to provide safe, affordable, and accessible urban transportation. The vehicle's design is said to allow even young drivers—potentially as young as 14 years old, depending on regional regulations—to navigate the roads, offering them independence before they reach the legal driving age for traditional vehicles.As cities around the globe reconsider their spatial dynamics, the introduction of microcars like the FT-Me signals a shift away from personal car ownership, steering towards shared and compact vehicle solutions. To enhance its environmental credentials, the FT-Me will incorporate solar panels capable of adding up to 19 miles of range daily, which could provide a significant boost to its usability.Consumer Reception and Market PotentialWith competitive pricing expected to align closely with that of the Citroën Ami, which retails at around £7,695, the FT-Me seeks to capture consumers looking for economical second vehicles. This microcar could potentially serve as an ideal option for families and teens seeking affordable transport solutions without the burdens commonly associated with larger vehicles.Furthermore, with sustainability becoming an increasing concern among consumers, the commitment to using 90% recycled materials in its manufacturing process positions Toyota well within an environmentally conscious market.Conclusion: A New Dawn for Urban MobilityThe Toyota FT-Me is more than just a concept; it symbolizes a transformative approach to mobility in urban settings. As cities around the world embrace cleaner and more efficient modes of transportation, the continued evolution of microcars like the FT-Me could very well dictate the future of urban commuting.For dealership owners and automotive professionals, understanding the implications of such innovations can provide valuable insights into shifting consumer preferences and influential trends in the automotive market. Now is the time to reflect on how your dealership can capitalize on these changes in the automotive landscape.

03.12.2025

Volkswagen Group Reports Solid FY 2024 Results and Optimistic Growth Outlook

Update Volkswagen Group: A Solid Foundation for Future Growth As the automotive industry continues to face turbulent times due to geopolitical tensions and fluctuating market demands, the Volkswagen Group finished FY 2024 on a strong note. Announcing a sales revenue of €324.7 billion, a slight increase from the previous year, the company demonstrated resilience amidst challenges. CEO Oliver Blume has outlined a strategic focus on innovative product lines and a commitment to evolving the automotive landscape toward a green and tech-driven future. Financial Performance: Navigating Through Challenges Despite the overall positive revenue growth, Volkswagen’s operating profit saw a decline of 15%, landing at €19.1 billion. This decrease can be attributed to a surge in fixed costs driven largely by €2.6 billion tied to restructuring efforts. Arno Antlitz, CFO, emphasized the need to balance cost reduction while improving profitability, particularly as competition intensifies across global markets. Notably, VW's automotive segment revenue stood at €265.9 billion, which fell short of the previous year's performance, largely due to reduced volume sales. However, there is optimism as the company expects its sales revenue to spike by 5% in 2025, indicating a potential rebound. Sales Dynamics: A Mixed Bag Globally In FY 2024, Volkswagen sold 9 million vehicles, marking a 3.5% decrease from the prior year. Growth in South America was not enough to counteract the declines, particularly from the Chinese market, which has seen increasing competitiveness from local brands. Nevertheless, sales in North America and Europe remained stable, pointing to VW's stronghold in these regions. With an 88% increase in order intake for all-electric vehicles in Western Europe, the company is gearing up for a substantial push in the electric vehicle segment, a move critical for long-term sustainability. Investment in Innovation: Preparing for Tomorrow Volkswagen's approach to maintaining its market position includes significant investments in software, electric models, and the development of a robust autonomous vehicle fleet. The emphasis on battery cell production in Germany supports a broader strategy to showcase European innovation and lead in automotive technology. In a recent statement, Blume highlighted that the Group aims to become a “global automotive tech driver,” reinforcing its commitments to e-mobility and advanced automotive solutions. Future Outlook: Resilience Amidst Uncertainties The path ahead for Volkswagen is fraught with challenges, including rising energy costs, stringent emission regulations, and increasing competition from both traditional and new-age manufacturers. Analysts suggest that navigating these obstacles will require agile strategies, focused investments, and ongoing dialogue with regulators and industry stakeholders. With a carefully structured growth strategy focused on electrification and sustainability, Volkswagen aims to not only endure but thrive. As reflected in the modest adjustments to expected operating margins for 2025, VW is preparing its operations to adapt to an increasingly competitive automotive landscape.

03.12.2025

Revolutionary I/O Aggregator Gateway Transforms Vehicle Communication

Update The Future of Vehicle Communication is HereIn a groundbreaking collaboration, Green Hills Software, Infineon Technologies, and Cetitec have unveiled a new cost-effective I/O aggregator gateway designed for modern vehicle communication networks. Utilizing Infineon's TRAVEO™ T2G MCU, this performance-optimized solution revolutionizes how vehicles manage data communications, making it a critical advancement for automotive manufacturers aiming for efficiency in their operations.Understanding the New I/O Aggregator GatewayThe I/O aggregator gateway functions as the crucial link between a vehicle's zonal or domain controller and its myriad sensors and actuators. By simplifying the wiring harness and converting CAN and LIN messages into Ethernet messages, the gateway enhances both communication speed and efficiency. This translates to faster, more reliable vehicle operations, which is essential in today’s competitive automotive market.Data Flexibility and Efficiency at a Lower CostUnlike traditional programmable controllers that require extensive programming and configuration, this new I/O aggregator gateway is pre-programmed for immediate deployment. This means that automotive manufacturers can implement the system with minimal lag time and can update functionalities without the need for firmware changes. This feature is particularly beneficial for dealerships and auto sales training programs, as it provides a ready-to-use solution that accelerates vehicle production timelines.The Core Technology: µ-velOSity and TRAVEO T2GAt the heart of this innovative solution lies the safety-certified µ-velOSity™ RTOS integrated with the MULTI® development environment. This compact yet powerful RTOS not only meets ASIL D certification standards but also helps developers to quickly debug and optimize performance. The inclusion of the TRAVEO T2G MCU, featuring 32-bit Arm® Cortex®-M4F and -M7F CPUs, further supports high-performance connected car applications, ensuring that contemporaneous data demands are met.A Collaborative Vision for the Automotive FutureIndustry leaders like Ralf Ködel from Infineon underscore the importance of this collaboration, asserting that the new I/O aggregator is foundational for efficient I/O aggregation in zonal architectures. Dr. Michael Back, CEO of Cetitec, emphasizes that this initiative not only enhances efficiency and flexibility but also allows for the reuse of well-tested components—a key factor as manufacturers evolve their vehicle designs toward more complex platforms.Implications for Automotive ProfessionalsThis innovative development has profound implications for dealership professionals, including auto sales teams engaged in training scenarios. As vehicles equipped with this technology hit the market, sales personnel will need to understand the advantages of optimized communication systems. The efficiencies provided by this gateway will be a selling point, enabling dealerships to market vehicles as more reliable and quicker to produce, thus enhancing the overall sales experience.Conclusion: Taking Action NowAs the automotive landscape continues to evolve with new technologies, it's essential for professionals within the industry to stay ahead of the curve. Understanding innovations like the I/O aggregator gateway created by Green Hills Software, Infineon, and Cetitec will not only support better communication among vehicles but also enhance training programs, making them more relevant and practical for today's market.Stay informed and equipped with the latest tools and strategies in auto sales training to future-proof your career in the evolving automotive industry.

Add Row

Add Element

update

WorldPulse News

update

Write a small description of your business and the core features and benefits of your products.

update
update
update
update
update
update
update

Add Element

COMPANY

Privacy Policy
Terms of Use
Advertise
Contact Us
Menu 5
Menu 6

Add Element

(215) 407-5174

AVAILABLE FROM 8AM - 5PM

City, State

32 Tanyard Rd, Richboro, Pennsylvania, 18954,
United States

Add Element

ABOUT US

Larry J. Feldman is a 30-year veteran of the auto industry, having been an award-winning Cadillac Salesperson, General Manager, and Dealer Principal. He has owned and operated Career Changers USA since 2012. Larry was also a keynote speaker at AGWS's 15th anniversary meeting, a leader in the auto warranty sector.

Add Element

TruVideo's $40 Million Investment Set to Transform Automotive Customer Engagement

TruVideo's $40 Million Investment: A Game Changer for Customer Engagement

The Driving Force Behind True Innovation

The Future of Customer Interaction: AI and AR Integration

Building Trust in Automotive Communications

What This Means for Dealership Owners

COMPANY

(215) 407-5174

AVAILABLE FROM 8AM - 5PM

City, State

32 Tanyard Rd, Richboro, Pennsylvania, 18954, United States

ABOUT US

Terms of Service

Privacy Policy

Core Modal Title

32 Tanyard Rd, Richboro, Pennsylvania, 18954,
United States