automotive

Automotive Industry Market Cap Defies Consumer Appetite for Buying New Cars

Automotive Industry Market Cap Defies Consumer Appetite for Buying New Cars
Automotive Industry Market Cap Defies Consumer Appetite for Buying New Cars
November 22, 2021  |  Markets

On Wall Street, market capitalizations might be viewed as a proxy for how investors view a given company’s prospects, its position in its chosen vertical(s)....

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Morgan Stanley: Apple Car Will be a ‘Shared Service’
Morgan Stanley: Apple Car Will be a ‘Shared Service’
November 19, 2021  |  Transportation

Investment bank Morgan Stanley says Apple’s anticipated car will be the “ultimate EV bear case,” impacting stocks in other auto companies, according to published reports. Get...

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Apple Speeds up Self-Driving Car Project
Apple Speeds up Self-Driving Car Project
November 18, 2021  |  Apple

Apple wants to ramp up the development of its electric car with a new focus on making a fully self-driving vehicle, Bloomberg News reported on...

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India’s Mahindra Finance Launches Car Subscription Service 
India’s Mahindra Finance Launches Car Subscription Service 
November 17, 2021  |  Cross-border Payments

India’s Mahindra Finance has launched a vehicle leasing and subscription service known as “Quiklyz,” aimed at making car purchases quicker and simpler.  Get the Full...

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Stressfreecarrental.com Expanding Into Europe 
Stressfreecarrental.com Expanding Into Europe 
November 16, 2021  |  Cross-border Payments

Online car rental company Stressfreecarrental.com is expanding into Europe after a 534,000 pound ($717,234) funding round led by investment firm DSW Ventures. Also included in...

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Cazoo Snaps up Swipcar for €30M to Hit the Gas on Growing Across Europe
Cazoo Snaps up Swipcar for €30M to Hit the Gas on Growing Across Europe
November 16, 2021  |  Partnerships

Online car retailer Cazoo has acquired motor vehicle subscription platform Swipcar for €30 million in cash and Cazoo shares, according to a press release on...

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Advance Auto Parts Sales Growth Continues  
Advance Auto Parts Sales Growth Continues  
November 16, 2021  |  Retail

Car parts retailer Advance Auto Parts, Inc. on Monday (Nov. 15) reported that net sales for the third quarter were up 3.1% to $2.6 billion,...

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Selling Connected Car Data is Booming Business for Auto Insurers
Selling Connected Car Data is Booming Business for Auto Insurers
November 15, 2021  |  Commerce Connected

Simply put, the connected car data sharing business is hot and growing. Get the Full Story Complete the form to unlock this article and enjoy...

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