car buying

Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
January 19, 2023  |  Retail

Upstart is updating its auto retail platform to help dealers offer a simpler buying experience. The artificial intelligence (AI) lending marketplace announced the new applications...

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Electric Vehicle Maker Fisker Announces Digital Financing Platform
Electric Vehicle Maker Fisker Announces Digital Financing Platform
July 10, 2022  |  Loans

Fisker, which makes electric vehicles, has debuted a new digital financing platform, a press release said Friday (July 8). Called Fisker Finance, it will offer...

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UK Car Dealerships Leverage Open Banking To Reduce Payment Processing Fees
UK Car Dealerships Leverage Open Banking To Reduce Payment Processing Fees
February 28, 2022  |  Payment Methods

Payment processing fees are an unavoidable pain point for many businesses, both large and small, but for merchants in the automotive sector, the impact on...

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Ford Wants To Sell More Custom Cars
Ford Wants To Sell More Custom Cars
August 17, 2021  |  Commerce

Ford wants more buyers to design their cars online and wait to pick them up as the company builds them rather than have buyers stroll...

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Gear Shift: Cars.com Details Digital 3.0 Transition
Gear Shift: Cars.com Details Digital 3.0 Transition
July 28, 2020  |  Retail

The transition to digital car buying has been in motion since the beginning of the pandemic. Now one of the industry pioneers is predicting the...

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Vroom Shifts IPO Into High Gear; Looks To Raise $467.5M
Vroom Shifts IPO Into High Gear; Looks To Raise $467.5M
June 08, 2020  |  IPO

As it looks to bring in up to $467.5 million from investors, Vroom intends to provide pricing for its initial public offering (IPO) ahead of...

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Porsche Rolls Out Pre-Owned Vehicle Finder Tool
Porsche Rolls Out Pre-Owned Vehicle Finder Tool
May 14, 2020  |  Retail

To meet increasing client demand for digital access to its brand, Porsche Cars North America (PCNA) is speeding up its eCommerce strategy. The luxury automaker...

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Online Car Marketplace CarDekho Raises $110M For Services Expansion
Online Car Marketplace CarDekho Raises $110M For Services Expansion
January 03, 2019  |  Investments

India-based internet car marketplace CarDekho has raised $110 million in fresh venture funding. According to a report citing the Indian startup, it raised the money...

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Carvana Rival Vroom Raises $146M For Used Car Platform
Carvana Rival Vroom Raises $146M For Used Car Platform
December 12, 2018  |  Investments

Online auto retailer Vroom has announced a $146 million Series G funding round led by AutoNation. L Catterton, General Catalyst Partners, Fraser McCombs Capital and individual...

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