car sales

Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales

Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
February 21, 2025  |  Earnings

Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence (AI) to improve...

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Cars Commerce Acquires DealerClub to Expand Into Automotive Wholesale Market
Cars Commerce Acquires DealerClub to Expand Into Automotive Wholesale Market
January 24, 2025  |  Acquisitions

Cars.com parent company Cars Commerce has acquired DealerClub, a digital wholesale auction platform that facilitates transactions between automotive dealers. Get the Full Story Complete the form to...

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EBay Aims to Boost Online Vehicle Sales by Acquiring Caramel
EBay Aims to Boost Online Vehicle Sales by Acquiring Caramel
January 20, 2025  |  Acquisitions

EBay plans to make it easier to buy and sell vehicles on its platform by acquiring online automotive transaction solution provider Caramel. Get the Full...

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Carvana Renews Ties With Ally Financial After Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025  |  eCommerce

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock...

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Year-End Surge in Car Sales Expected to End in 2025
Year-End Surge in Car Sales Expected to End in 2025
January 03, 2025  |  Retail

A surge in U.S. car sales seen at the end of 2024 is reportedly not expected to last into 2025. Get the Full Story Complete...

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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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