automotive

TravelCenters Teams With Electrify America to Entice EV Drivers

TravelCenters Teams With Electrify America to Entice EV Drivers
TravelCenters Teams With Electrify America to Entice EV Drivers
January 30, 2023  |  Retail

TravelCenters of America is betting on electric vehicles (EVs) amid an industry-wide convenience store upgrade. The company — which operates TA, Petro Stopping Centers and...

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Capital One Helps Car Dealers Simplify Car Shopping With Digital Tool
Capital One Helps Car Dealers Simplify Car Shopping With Digital Tool
January 27, 2023  |  Loans

Capital One has launched a digital tool that helps dealers better understand consumers’ financial preferences upfront, creating a more transparent car buying experience. With the...

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Lloyds Parks $4.9M in Driving-Related App Caura
Lloyds Parks $4.9M in Driving-Related App Caura
January 26, 2023  |  Investments

Lloyds Banking Group has invested $4.9 million in “all-in-one” driving app Caura. The British firm announced the investment — its third in a FinTech company...

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EVs Buck Trend for Declining Auto Production in the UK
EVs Buck Trend for Declining Auto Production in the UK
January 26, 2023  |  Technology

U.K. car production was down nearly 10% in 2022 but electric vehicle (EV) production rose. Data published by the Society of Motor Manufacturers and Traders...

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Group 1 Shows Car Sales up but Margins Down as Inventory Recovers
Group 1 Shows Car Sales up but Margins Down as Inventory Recovers
January 25, 2023  |  Retail

Group 1 Automotive’s latest earnings results show consumers are still buying new and used cars but are getting better deals. The automotive retailer with 204...

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CarMax Expands Deployment of AI-Powered Vehicle Inspection Systems
CarMax Expands Deployment of AI-Powered Vehicle Inspection Systems
January 24, 2023  |  Artificial Intelligence

CarMax is rolling out artificial intelligence (AI)-powered vehicle inspection systems across its wholesale business. The used car retailer has partnered with AI technology company UVeye...

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Auto Hauler Exchange Launches B2B Marketplace for Vehicle Logistics Industry
Auto Hauler Exchange Launches B2B Marketplace for Vehicle Logistics Industry
January 24, 2023  |  B2B Payments

Auto Hauler Exchange (AHX) has launched an online B2B marketplace for the vehicle logistics industry. The digital marketplace connects vehicle haulers across the United States...

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Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
January 19, 2023  |  Retail

Upstart is updating its auto retail platform to help dealers offer a simpler buying experience. The artificial intelligence (AI) lending marketplace announced the new applications...

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