car sales

Today in Data: A Glimpse Into Our Not-Too-Distant Future

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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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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