automotive

Car Dealers Pessimistic as Consumers Cut Big-Ticket Spending

Car Dealers Pessimistic as Consumers Cut Big-Ticket Spending
Car Dealers Pessimistic as Consumers Cut Big-Ticket Spending
December 08, 2022  |  Economy

Car dealers are closing 2022 in a gloomy mood as U.S. consumers shun big-ticket purchases. A new survey by Cox Automotive Dealers finds that U.S....

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EU Considers Mandatory Card Payment Terminals at EV Charging Points
EU Considers Mandatory Card Payment Terminals at EV Charging Points
December 07, 2022  |  Transportation

The European Parliament is considering making card payment terminals obligatory at all EV charging points. In fact, as electric vehicles (EVs) grow in popularity across...

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AutoZone Adds Tech and Stores to Meet Auto Parts Demand
AutoZone Adds Tech and Stores to Meet Auto Parts Demand
December 06, 2022  |  Retail

AutoZone is growing its sales to both professional repair shops and do-it-yourselfers. The auto parts chain said in a Tuesday (Dec. 6) press release that...

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EMEA Platforms Bring BNPL to Auto Repair Financing
EMEA Platforms Bring BNPL to Auto Repair Financing
December 06, 2022  |  BNPL

To help keep vehicles rolling, BNPL firms offering auto repair financing are on the rise. As proof that the concept has wheels, U.K.-based buy now,...

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Trade X Opens Kenyan Trading Corridor for Used Cars 
Trade X Opens Kenyan Trading Corridor for Used Cars 
December 01, 2022  |  B2B Payments

B2B cross-border automotive trading platform Trade X has opened a Kenyan trading corridor. This addition, which includes a shared bonded warehouse in Mombasa and an...

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BitPay Offers More Crypto Car-Buying Opportunities
BitPay Offers More Crypto Car-Buying Opportunities
November 30, 2022  |  Cryptocurrency

Luxury auto dealer Exclusive Automotive Group (EAG) has teamed with BitPay to accept cryptocurrency payments. The Virginia-based dealer — which calls itself the mid-Atlantic region’s...

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Autochek Expands Vehicle Financing Access in Africa With New Platform
Autochek Expands Vehicle Financing Access in Africa With New Platform
November 22, 2022  |  Europe

South Africa’s car buying market will get more financing options, thanks to automotive technology company Autochek’s new service. In a Tuesday (Nov. 22) press release,...

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Growing Engagement and Offers Speed Omnichannel Future of ‘Car as Wallet’
Growing Engagement and Offers Speed Omnichannel Future of ‘Car as Wallet’
November 22, 2022  |  Connected Economy

Cars went from conveyances to expressions of individuality in the 20th century, and as the connected car trend builds in this century, they’re becoming a...

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