Kenect completed the acquisition of Auto Labs.

Kenect, a software provider, completed the acquisition of Auto Labs, an  AI-native platform focused on fixed operations and customer experience for automotive dealerships. Financial terms were not disclosed. “The automotive industry has long struggled to bridge the gap between variable and fixed operations, leaving significant revenue potential untapped.”  Gonzales then added, “By joining forces with Kenect, we have a unique opportunity to close this gap, helping dealerships maximize profitability across the entire customer lifecycle. With Kenect’s significant resources and expansive reach, we’re positioned to drive innovation at scale and redefine how dealers engage with their customers,” Daniel Gonzales, Auto Labs CEO.