car sales

Trade X to Add Mexico to Cross-Border Automotive Trading Platform
Trade X to Add Mexico to Cross-Border Automotive Trading Platform
November 09, 2022  |  B2B Payments

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...

READ MORE >
Used Vehicle Platform Vroom Targets Profitability Over Growth
Used Vehicle Platform Vroom Targets Profitability Over Growth
November 08, 2022  |  eCommerce

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)...

READ MORE >
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022  |  eCommerce

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
New Car Prices Downshift After Summer Record
New Car Prices Downshift After Summer Record
October 31, 2022  |  Economy

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. Get...

READ MORE >
CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

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...

READ MORE >
CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

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...

READ MORE >
Lease End CEO Says End of Auto Lease Doesn’t Mean End of Road for Drivers
Lease End CEO Says End of Auto Lease Doesn’t Mean End of Road for Drivers
August 22, 2022  |  Transportation

Few assets are as volatile as automobiles — they depreciate the minute you drive them off the lot. Get the Full Story Complete the form...

READ MORE >
In Tight EV Market, Startup Offers Vehicle Subscriptions
In Tight EV Market, Startup Offers Vehicle Subscriptions
August 14, 2022  |  Subscription Commerce

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...

READ MORE >
EMEA Daily: Half a Million People Take Advantage of Mortgage Holiday in First Two Days of Initiative; Tabby Picks up $150M Loan From PFG and Atalaya
EMEA Daily: Half a Million People Take Advantage of Mortgage Holiday in First Two Days...
August 03, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), half a million Polish mortgage holders took advantage of a new government scheme...

READ MORE >