Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar....
Cross-border automotive trading platform Trade X has announced it will open a trade route in Mexico and allow that country’s dealers and fleet owners to...
Used vehicle eCommerce platform Vroom is making progress on its goal of achieving profitability and liquidity ahead of growth, company executives said Tuesday (Nov. 8)...
The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov....
Car buyers could begin to feel less pain when paying for a new vehicle following a years-long spike in the price of new automobiles. That’s...
CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...
Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...
Few assets are as volatile as automobiles — they depreciate the minute you drive them off the lot. But then again, supply chain snarls have...
As electric vehicles (EVs) become a more popular option, Autonomy, a California startup focused on EVs, is adding services to let people access the vehicles...