car sales

Car Vending Machine Company Carvana Goes Up Against Wall Street
Car Vending Machine Company Carvana Goes Up Against Wall Street
March 11, 2020  |  Retail

Wall Street is a tough master, especially for eCommerce companies. Just ask Carvana, the leading online automotive seller and a major force in changing the...

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Vehicle Sales Down 80 Pct In China Due To Coronavirus 
Vehicle Sales Down 80 Pct In China Due To Coronavirus 
March 05, 2020  |  International

Car sales in China plummeted 80 percent last month as the coronavirus epidemic stopped people from going to dealerships, according to reports on Wednesday (March...

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Shifting The Used Car Market Into Overdrive
Shifting The Used Car Market Into Overdrive
February 28, 2020  |  Retail

Google “used car dealer.” Click on the image tab. Within the top four thumbnails you will see a man wearing a bad jacket, a bad...

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eBay Releases New AI App For Fast Car Listings
eBay Releases New AI App For Fast Car Listings
December 13, 2019  |  Artificial Intelligence

Online marketplace and auction site eBay has released eBay Motors, a new app that uses artificial intelligence (AI) to list a car in under five...

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Vroom eCommerce Sales Platform Raises $254M
Vroom eCommerce Sales Platform Raises $254M
December 06, 2019  |  Investments

Vroom, an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the...

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Shattered Glass Incident Drives 200K+ Pre Orders For Tesla Cybertruck
Shattered Glass Incident Drives 200K+ Pre Orders For Tesla Cybertruck
November 25, 2019  |  Retail

Days after shattered glass embarrassed Tesla at the launch of its so-called “cybertruck,” the pre-orders are rolling in — some 200,000 as of midday Monday (Nov....

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Porsche Tests Selling Cars Online
Porsche Tests Selling Cars Online
October 28, 2019  |  eCommerce

Luxury and performance car maker Porsche will begin testing a new program that allows customers to do the majority of their car shopping online, according...

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Carvana Now Offers Online Auto Loans
Carvana Now Offers Online Auto Loans
September 25, 2019  |  Loans

Carvana, the company that lets consumers browse and purchase vehicles online, has added a new virtual financing option, according to reports. The company has teamed...

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Auto Purchases Boost Retail Sales In August
Auto Purchases Boost Retail Sales In August
September 13, 2019  |  Retail

While purchases of building supplies and new vehicles gave U.S. retail sales a large boost in August, many other stores noted declining or weak receipts....

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