automotive

CarMax Earnings Point to Shaky Used Car Market

CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...

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CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

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For Buying, Selling and Financing, MEA Auto Markets Turn to Digital Platforms
For Buying, Selling and Financing, MEA Auto Markets Turn to Digital Platforms
September 27, 2022  |  eCommerce

In the September edition of the Expanding Payments Choice Playbook series, PYMNTS discusses the importance of end-to-end digital car buying, a mode of auto sales...

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PYMNTS Intelligence: Meeting Car Buyers in the Digital Space
PYMNTS Intelligence: Meeting Car Buyers in the Digital Space
September 21, 2022  |  Consumer Payments

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Online Car Shoppers Say Buying Experience 3x More Important Than Price
Online Car Shoppers Say Buying Experience 3x More Important Than Price
September 20, 2022  |  Retail

“What price will put you nice folks into a used car today?” The cartoonish used car pitches of yesteryear vanished with the pandemic used car...

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AutoZone Sees ‘Lofty’ Commercial Sales Growth
AutoZone Sees ‘Lofty’ Commercial Sales Growth
September 19, 2022  |  Retail

AutoZone logged a 26% growth in its commercial business during the fiscal fourth quarter, the auto parts retailer reported Monday (Sept. 19). Get the Full...

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Automotive Loyalty Gets Boost With Real-Time Digital Disbursements
Automotive Loyalty Gets Boost With Real-Time Digital Disbursements
September 19, 2022  |  Consumer Payments

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New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
September 12, 2022  |  Consumer Finance

Although there are more vehicles available to shoppers on dealers’ lots, the price of new vehicles is still rising, having set another record in August. ...

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