At auto dealerships around the country, electric cars have reportedly become a hard sell. Consumers are worried about the price, range and reliability of these vehicles,...
Amazon and Walmart are revving up their engines with initiatives set to hit consumers by the year’s end or the start of 2024. The projects...
BMW Group is dipping its toe in the water with direct-to-consumer (D2C) sales, beginning with its Mini brand, as the auto industry increasingly integrates eCommerce....
American consumers may not want new cars, but they apparently need them. As Bloomberg News reported Monday (Oct. 2), car buyers are visiting dealerships “out of sheer...
Some would-be car buyers are putting off purchases due to higher interest rates, according to used auto retailer CarMax. They are “staying on the sidelines”...
The pandemic-era supply chain issues that hit the car industry may have abated. But that doesn’t mean things are back to normal, and — as...
Times are tough for the American car buyer, whether they’re seeking new or used vehicles. New cars less than $20,000 are all but extinct, while...
Online car-buying platform Vroom said its inventory troubles should turn a corner later this year. As PYMNTS reported earlier this year, Vroom and other companies in the...
Interest rates and inflation are apparently no match for the consumer’s desire for a new car. New vehicle sales in the U.S. rose an estimated...