car sales

As Sales Slump, Sonic Automotive Ramps up Chain of Used Car Omnichannel Stores
As Sales Slump, Sonic Automotive Ramps up Chain of Used Car Omnichannel Stores
April 05, 2022  |  Retail

The auto industry is in a steady decline thanks to supply chain hang-ups, chip shortages and other factors, but that isn’t stopping Sonic Automotive from...

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New Vehicle Sales Declines Go Beyond Inventory, Chip Shortage
New Vehicle Sales Declines Go Beyond Inventory, Chip Shortage
April 04, 2022  |  Economy

The latest data from the car industry might point to some troubling signs for the U.S. consumer’s propensity to spend. Get the Full Story Complete...

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Ryder Creates One-Stop Shop for Buying, Insuring Used Commercial Vehicles
Ryder Creates One-Stop Shop for Buying, Insuring Used Commercial Vehicles
March 09, 2022  |  Retail

Buyers of used commercial vehicles were often on their own when it came to finding insurance for the vehicle. At best, they could hope that...

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Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022  |  Investments

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million,...

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Car Dealers Turn to Omnichannel Platform to Boost Sales Productivity
Car Dealers Turn to Omnichannel Platform to Boost Sales Productivity
February 11, 2022  |  Digital Payments

Automotive retailer Group 1 Automotive has increased the productivity of its sales team by 20% by deploying an omnichannel digital retailing platform, company executives said...

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Subscription Payment Model Could Become Fourth Pillar of Auto Financing
Subscription Payment Model Could Become Fourth Pillar of Auto Financing
February 11, 2022  |  Subscriptions

Tried buying a car lately? Oh, that’s right — we’re fresh out of cars since the pandemic. Get the Full Story Complete the form to...

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Today’s Used Car Reconditioning Process Includes Deleting Previous Owners’ Personal Information From Cars
Today’s Used Car Reconditioning Process Includes Deleting Previous Owners’ Personal Information From Cars
February 08, 2022  |  Technology

When used vehicle marketplace CarLotz receives a vehicle to sell, it does the inspections and reconditioning you’d expect any car dealer to do. Beyond that,...

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Auto Retailers Tap Tech to Cut Risk of Finding, Buying Used Cars in Unfamiliar Places
Auto Retailers Tap Tech to Cut Risk of Finding, Buying Used Cars in Unfamiliar Places
February 07, 2022  |  Retail

Used cars have never been more popular, scarce or expensive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Automotive Lender Kuwy Launches Car Sale Platform
Automotive Lender Kuwy Launches Car Sale Platform
February 03, 2022  |  Startups

Indian automotive lending startup Kuwy has launched a Lending-as-a-Service (LaaS) platform to let customers purchase new and used cars. Get the Full Story Complete the...

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