car sales

Used Car eCommerce Platform Holds Pop-up Event for Sellers
Used Car eCommerce Platform Holds Pop-up Event for Sellers
January 31, 2022  |  eCommerce

Used car eCommerce platform Shift has tried out another way to make it convenient for consumers to sell their cars. Already offering its customers the...

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Cazoo Acquires Italy’s Brumbrum, Solidifies Presence in Five Largest Used Car Markets in Europe
Cazoo Acquires Italy’s Brumbrum, Solidifies Presence in Five Largest Used Car Markets in Europe
January 26, 2022  |  Acquisitions

Cazoo, one of Europe’s leading online car retailers, announced in a Wednesday (Jan. 26) press release that it will be acquiring Italian online used car...

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Vehicle Brands Offer Car Shoppers a Seamless Experience Online and In-Store
Vehicle Brands Offer Car Shoppers a Seamless Experience Online and In-Store
January 12, 2022  |  Retail

About five years ago, Toyota saw that potential customers who were shopping for cars online were turning to third-party websites to get some information they...

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High New and Used Car Prices Keeping Pedal to the Metal Until Production Catches Up
High New and Used Car Prices Keeping Pedal to the Metal Until Production Catches Up
January 03, 2022  |  Economy

As 2021 drew to a close, vehicle valuation and automotive research company Kelly Blue Book (KBB) released the startling stat that the “average used car price tops $27,000 for the...

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CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
December 22, 2021  |  Retail

Used car retailer CarMax, Inc.’s retail and wholesale sales shot up almost 30% in the third quarter of fiscal 2022, largely because of increased consumer...

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Embedded Insurance Streamlines Auto Refinancing Experience for Consumers
Embedded Insurance Streamlines Auto Refinancing Experience for Consumers
December 16, 2021  |  Insurance

In the markets for new and used cars, costs are up and discounts are down. On the recent Black Friday, discounts were at record lows....

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Toyota Backs Electric Vehicle Endeavors With $35B
Toyota Backs Electric Vehicle Endeavors With $35B
December 14, 2021  |  Transportation

Toyota, one of the world’s biggest carmakers, is planning to invest $35 billion to create a full lineup of 30 battery-powered electric vehicles by 2030...

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Car Loans Marketplace Advances Automotive Commerce Across Africa
Car Loans Marketplace Advances Automotive Commerce Across Africa
December 08, 2021  |  Loans

Leading auto loan services platform Autochek Africa has announced the launch of a dedicated brand-new cars section on its website and mobile app, allowing customers in...

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Car OEMs Use Subscription Services to Boost Resale Value, Drive Personalization
Car OEMs Use Subscription Services to Boost Resale Value, Drive Personalization
December 08, 2021  |  Subscriptions

With the Tuesday (Dec. 7) announcement of its software strategy through 2030, Stellantis followed other automakers in outlining plans that will transition them from being...

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