automotive

New Vehicle Prices Up for 5th Month, Kelley Blue Book Says

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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Cazoo Pulls Out of EU to Focus on UK Market
Cazoo Pulls Out of EU to Focus on UK Market
September 08, 2022  |  eCommerce

Following a strategic review of its business in mainland Europe, online car seller Cazoo is foreclosing its operations in the European Union in order to...

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Growing New Car Inventory May Hasten Path to Connected Economy
Growing New Car Inventory May Hasten Path to Connected Economy
September 06, 2022  |  Connected Economy

Bit by bit, chip by chip, the connected economy — the one on wheels — comes into view. But first, newer cars need to get...

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Today in B2B Payments: 5 Companies Add Resources to Expand
Today in B2B Payments: 5 Companies Add Resources to Expand
September 06, 2022  |  B2B Payments

Today in B2B payments, five companies add various sorts of resources that will help them expand. Chargezoom raises $10 million, Nectar gets $25 million in...

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New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
September 06, 2022  |  Economy

Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2...

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Solera, DigniFi Team to Offer Customers Vehicle Repair Financing
Solera, DigniFi Team to Offer Customers Vehicle Repair Financing
September 06, 2022  |  Partnerships

Vehicle lifecycle management company Solera has launched a partnership with DigniFi, a FinTech platform for the auto industry. The tie-up will see Solera offer access...

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Cross-Border B2B Car Dealer TRADE X Expands to Dominican Republic
Cross-Border B2B Car Dealer TRADE X Expands to Dominican Republic
September 05, 2022  |  B2B Payments

Cross-border auto trading platform TRADE X has announced that it will be rolling out in the Dominican Republic. Dealers and fleet owners there will now...

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Vbank, Autochek Partner to Offer Quicker Auto Loans in Nigeria
Vbank, Autochek Partner to Offer Quicker Auto Loans in Nigeria
September 02, 2022  |  Loans

Digital bank Vbank and automotive technology company Autochek have partnered to provide quicker and easier auto loans to customers in Nigeria. With their new loan...

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