automotive

Carwow Taps Airwallex to Streamline Car Marketplace Payments

Carwow Taps Airwallex to Streamline Car Marketplace Payments
Carwow Taps Airwallex to Streamline Car Marketplace Payments
January 09, 2025  |  Partnerships

Payments platform Airwallex is joining forces with British online vehicle marketplace Carwow. The collaboration, announced Thursday (Jan. 9), allows Carwow to use Airwallex’s services to...

READ MORE >
Nvidia and AWS Work on Autonomous Vehicle Tech; How Long Before Consumers Trust It?
Nvidia and AWS Work on Autonomous Vehicle Tech; How Long Before Consumers Trust It?
January 07, 2025  |  Artificial Intelligence

Autonomous vehicles (AVs) are emerging as a use case for artificial intelligence, with Nvidia announcing partnerships with carmakers to develop self-driving technology using its hardware...

READ MORE >
Carvana Renews Ties With Ally Financial After Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025  |  eCommerce

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days...

READ MORE >
Uber and Lyft Prep Driverless Taxis After Abandoning Effort
Uber and Lyft Prep Driverless Taxis After Abandoning Effort
January 06, 2025  |  Ridesharing

After abandoning driverless taxis, Uber and Lyft are reportedly reinvesting in the technology. The two ride-hailing companies are working on plans to have driverless cars — provided by companies...

READ MORE >
Year-End Surge in Car Sales Expected to End in 2025
Year-End Surge in Car Sales Expected to End in 2025
January 03, 2025  |  Retail

A surge in U.S. car sales seen at the end of 2024 is reportedly not expected to last into 2025. Driven by a strong fourth...

READ MORE >
SoundHound Launches AI Pact With EV-Maker Lucid
SoundHound Launches AI Pact With EV-Maker Lucid
January 02, 2025  |  Artificial Intelligence

Voice AI company SoundHound launched a partnership with electric vehicle maker Lucid. The car company released its hands-free voice assistant, Lucid Assistant, powered by SoundHound’s...

READ MORE >
Cerence and Jaguar Land Rover Partner on AI-Powered in-Car Experience
Cerence and Jaguar Land Rover Partner on AI-Powered in-Car Experience
January 02, 2025  |  Partnerships

Cerence and luxury automaker Jaguar Land Rover (JLR) partnered to develop JLR’s next-generation in-car experience. The companies will leverage Cerence’s artificial intelligence-enabled technologies for transportation...

READ MORE >
Car Dealers Offer Promotions as Vehicle Supply Climbs
Car Dealers Offer Promotions as Vehicle Supply Climbs
December 29, 2024  |  Retail

The age of COVID-initiated supply shortages at car dealers is over. And that’s placed pressure on carmakers and dealers to price their unsold wares more...

READ MORE >