car sales

Car and Car Repair Prices Expected to Jump With New Tariffs
Car and Car Repair Prices Expected to Jump With New Tariffs
April 03, 2025  |  Economy

Twenty-five percent tariffs on imported cars are now in effect in the U.S. As the New York Times reported Thursday (April 3), it’s a policy that President...

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Tariffs Could Reportedly Cost US Carmakers $10K per Vehicle
Tariffs Could Reportedly Cost US Carmakers $10K per Vehicle
March 30, 2025  |  Politics

This week will bring new 25% tariffs on auto imports, a change that could shake the car industry. As Bloomberg News reported Saturday (March 29),...

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Trump Imposes 25% Tariffs on Imported Automobiles and Parts
Trump Imposes 25% Tariffs on Imported Automobiles and Parts
March 26, 2025  |  Politics

President Donald Trump signed an order Wednesday (March 26) that imposes 25% tariffs on imports of automobiles and certain auto parts, according to a thread...

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Car Buyers Race to Auto Lots Before Tariffs Kick In
Car Buyers Race to Auto Lots Before Tariffs Kick In
March 11, 2025  |  Retail

American car buyers are reportedly speeding up their shopping due to tariff worries. As Reuters reported Tuesday (March 11), car dealers have an average three-month...

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Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
February 21, 2025  |  Earnings

Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence (AI) to improve...

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Cars Commerce Acquires DealerClub to Expand Into Automotive Wholesale Market
Cars Commerce Acquires DealerClub to Expand Into Automotive Wholesale Market
January 24, 2025  |  Acquisitions

Cars.com parent company Cars Commerce has acquired DealerClub, a digital wholesale auction platform that facilitates transactions between automotive dealers. With this move, Cars Commerce expands into the...

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EBay Aims to Boost Online Vehicle Sales by Acquiring Caramel
EBay Aims to Boost Online Vehicle Sales by Acquiring Caramel
January 20, 2025  |  Acquisitions

EBay plans to make it easier to buy and sell vehicles on its platform by acquiring online automotive transaction solution provider Caramel. Caramel’s platform facilitates...

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Carvana Renews Ties With Ally Financial After Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025  |  eCommerce

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days...

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Year-End Surge in Car Sales Expected to End in 2025
Year-End Surge in Car Sales Expected to End in 2025
January 03, 2025  |  Retail

A surge in U.S. car sales seen at the end of 2024 is reportedly not expected to last into 2025. Driven by a strong fourth...

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