car sales

Car Dealers Offer Promotions as Vehicle Supply Climbs
Car Dealers Offer Promotions as Vehicle Supply Climbs
December 29, 2024  |  Retail

The age of COVID-initiated supply shortages at car dealers is over. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CarMax Leverages Omnichannel Strategy to Drive Customer Experience
CarMax Leverages Omnichannel Strategy to Drive Customer Experience
December 19, 2024  |  Earnings

While CarMax reported solid third-quarter results Thursday (Dec. 19), including a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit...

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Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With Walmart
Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With Walmart
December 13, 2024  |  Retail

It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Get the Full Story Complete the form to unlock...

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AI Rewrites the Ticket for Car Sales
AI Rewrites the Ticket for Car Sales
December 03, 2024  |  artificial intelligence

Dealers are letting artificial intelligence (AI) take the wheel in reshaping how Americans shop for cars, steering buyers from smart ads to digital showrooms. Get...

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Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
November 13, 2024  |  Business

Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it...

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CarGurus: Shifting Car-Buying Process Online Boosts Customer Satisfaction
CarGurus: Shifting Car-Buying Process Online Boosts Customer Satisfaction
November 08, 2024  |  Earnings

Offering car dealers and shoppers value beyond the leads it has traditionally delivered is paying off for digital auto platform CarGurus. Get the Full Story...

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Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
October 31, 2024  |  Ecosystems

In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Get the...

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Rising Car Prices Could Mean Stalling Sales for Automakers
Rising Car Prices Could Mean Stalling Sales for Automakers
October 01, 2024  |  Retail

For automakers, pre-pandemic sales highs might be in the rearview mirror. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CarMax Focuses on Seamless Customer Experience to Grow Loyalty
CarMax Focuses on Seamless Customer Experience to Grow Loyalty
September 26, 2024  |  Earnings

As CarMax adapts to a shifting automotive landscape, the company is focused on improving the customer experience to maintain its leadership as the nation’s largest...

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