automotive

CarMax Earnings to Reveal Consumer Appetite for Big Purchases

CarMax Earnings to Reveal Consumer Appetite for Big Purchases
CarMax Earnings to Reveal Consumer Appetite for Big Purchases
September 28, 2026  |  Earnings

When used car retailer CarMax holds its earnings call Tuesday (Sept. 29), investors and analysts will be looking for insights into the company’s progress on...

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Truist Sells $5.5 Billion Auto Loan Portfolio to Pursue Higher Profits
Truist Sells $5.5 Billion Auto Loan Portfolio to Pursue Higher Profits
September 15, 2026  |  Loans

Truist Financial, a top 10 commercial bank in the United States in terms of assets, disclosed Tuesday (Sept. 15) that it is selling $5.5 billion...

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Ford and GM Use Agentic Data to Drive Subscription Revenue
Ford and GM Use Agentic Data to Drive Subscription Revenue
August 21, 2026  |  Artificial Intelligence

Artificial intelligence (AI) could give automakers something they have spent years trying to build: a way to keep making money from a vehicle long after...

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Autonomy’s New CEO Is Going After the Drivers Leases Don’t Fit
Autonomy’s New CEO Is Going After the Drivers Leases Don’t Fit
August 20, 2026  |  Subscriptions

Watch more: Need to Know With Autonomy’s Fred Weick Autonomy CEO Fred Weick isn’t trying to talk Americans out of buying cars. He’s after the...

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Hyundai Cuts Crash Test Review Time by 90% With AI
Hyundai Cuts Crash Test Review Time by 90% With AI
August 19, 2026  |  Artificial Intelligence

Hyundai Motor Group said in an Aug. 12 press release that artificial intelligence (AI) has cut the time its engineers spend searching for and reviewing...

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Splitit and 1stMILE Unlock Card-Linked Installments for Auto Repairs
Splitit and 1stMILE Unlock Card-Linked Installments for Auto Repairs
August 07, 2026  |  BNPL

Automotive service providers that use 1stMILE’s automotive commerce platform can now offer their customers Splitit’s flexible point-of-sale installment payments. With the new 1stMILE Buy Now,...

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AutoNation CEO Bets Affordability and Resilient Buyers Will Fuel Rebound
AutoNation CEO Bets Affordability and Resilient Buyers Will Fuel Rebound
July 31, 2026  |  Earnings

Automotive retailer AutoNation has found that the industry and consumers are “in good shape,” despite declines in sales volume and profit that the company saw...

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Carvana Slashes Customer Service Costs Through AI Agent
Carvana Slashes Customer Service Costs Through AI Agent
July 30, 2026  |  Earnings

Automotive eCommerce firm Carvana’s continuing rollout of software platforms across its operations contributed to the company’s record second-quarter results, Carvana President, CEO and Chairman Ernie...

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