automotive

What 2014 Teaches Us About the Future of Payments and the Digital Economy

What 2014 Teaches Us About the Future of Payments and the Digital Economy
What 2014 Teaches Us About the Future of Payments and the Digital Economy
October 03, 2022  |  Connected Economy

In 1963, Nobel-prize winning physicist Dennis Gabor wrote that the future can’t be predicted, but it can be invented. Gabor, who won the Nobel for...

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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

Young consumers expect everything faster. — Millennials outdistanced baby boomers for the first time in 2020 as the age group buying the most new cars,...

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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). Commercial sales for...

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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

Auto companies and dealers can no longer depend on direct customer interactions in the showroom to build rapport and keep customers interested. Digital is already...

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