car sales

Green Payments Intros PCI-Compliant Processes for Car Dealers
Green Payments Intros PCI-Compliant Processes for Car Dealers
August 02, 2022  |  Point of Sale

Credit card and point of sale (POS) processor Green Payments is launching its new Dealer Genie program, which is intended to offer automotive dealer merchants...

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Automotive Retail Needs to Think More Like Uber and Open Table to Sell Cars Online
Automotive Retail Needs to Think More Like Uber and Open Table to Sell Cars Online
July 25, 2022  |  Technology

Globally, only 2% of car sales take place online. That meager figure, according to Tarek Kabrit, co-founder and CEO of Dubai-based online auto marketplace Seez,...

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Peer-to-Peer Payments Tech Levels Playing Field for Private-Party Car Sales
Peer-to-Peer Payments Tech Levels Playing Field for Private-Party Car Sales
July 07, 2022  |  Payment Methods

Buying or selling a vehicle is the second-largest transaction most consumers will undertake — second only to a house — yet the process has many...

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New Car Payments Exceed $1,000 for 12% of Buyers Amid Supply Chain Snarls
New Car Payments Exceed $1,000 for 12% of Buyers Amid Supply Chain Snarls
July 05, 2022  |  Economy

The average monthly payment for new luxury cars is up, with more than 12% of consumers financing a car with over $1,000 in monthly payments...

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Online Car Retailer Cazoo Rolls Into Italy
Online Car Retailer Cazoo Rolls Into Italy
June 22, 2022  |  Transportation

Cazoo, which calls itself “Europe’s leading online car retailer,” is adding Italy to the list of countries in which it operates. The company announced Wednesday...

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Automakers Deploy NFTs to Reach Younger, Tech-Savvy Consumers
Automakers Deploy NFTs to Reach Younger, Tech-Savvy Consumers
April 25, 2022  |  NFTs

When Hyundai wanted to highlight its mobility solutions to millennials and members of Generation Z — collectively dubbed “MZ Generation” — it did so by...

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Online Auto Platforms May Run out of Road Before Supply, Demand, Pricing Find Footing
Online Auto Platforms May Run out of Road Before Supply, Demand, Pricing Find Footing
April 22, 2022  |  Economy

For a while, the story surrounding the auto industry — particularly the online platforms — seemed simple. Lots of demand. Little supply. Skyrocketing prices, too,...

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Today in Data: A Glimpse Into Our Not-Too-Distant Future
Today in Data: A Glimpse Into Our Not-Too-Distant Future
April 18, 2022  |  Today In Data

Today in data, car prices are expected to remain high throughout 2022 as inventory levels are anticipated to be low because of supply chain hang-ups....

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Consumers Are Shopping Around Twice as Long Before Buying a Car
Consumers Are Shopping Around Twice as Long Before Buying a Car
April 05, 2022  |  Retail

Buying a vehicle took consumers twice as long in the second half of 2021 as it took them in the first half, according to internal...

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