automotive

AI Rewrites the Ticket for Car Sales
AI Rewrites the Ticket for Car Sales
December 03, 2024  |  artificial intelligence

Dealers are letting artificial intelligence (AI) take the wheel in reshaping how Americans shop for cars, steering buyers from smart ads to digital showrooms. Get...

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Samsung and Audi to Begin Rollout of Digital Key Functionality
Samsung and Audi to Begin Rollout of Digital Key Functionality
November 15, 2024  |  Mobile Wallets

Select Audi owners will soon be able to use their Galaxy smartphones to lock, unlock and start their vehicles, without needing a physical key. Get...

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Advance Auto Parts Aims to Boost Productivity by Closing Stores
Advance Auto Parts Aims to Boost Productivity by Closing Stores
November 15, 2024  |  Earnings

Advance Auto Parts plans to close 523 corporate stores, exit 204 independently owned locations and close four distribution centers in the United States by mid-2025...

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Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
November 13, 2024  |  Business

Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it...

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CarGurus: Shifting Car-Buying Process Online Boosts Customer Satisfaction
CarGurus: Shifting Car-Buying Process Online Boosts Customer Satisfaction
November 08, 2024  |  Earnings

Offering car dealers and shoppers value beyond the leads it has traditionally delivered is paying off for digital auto platform CarGurus. Get the Full Story...

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New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
November 08, 2024  |  Retail

Amazon’s latest move into the grocery sector, through a new partnership with Mexican grocery delivery startup Jüsto, signals its push to expand its food and...

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Discover Global Network: Connected Devices lead the way to the Future of Commerce
Discover Global Network: Connected Devices lead the way to the Future of Commerce
November 04, 2024  |  Connected Economy

From touchless digital payments experiences to connected vehicles, technology provides opportunities for innovation and collaboration across many industries, including payments. Get the Full Story Complete...

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Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
October 31, 2024  |  Ecosystems

In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Get the...

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Earnings Season Shows Consumer Pressures on Auto Loan Payments
Earnings Season Shows Consumer Pressures on Auto Loan Payments
October 21, 2024  |  Loans

Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas...

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