Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and...
Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto...
Economic challenges or no, consumers still need to get where they are going, and many are now opting for secondhand sellers when buying vehicles, unable...
Barely a week following the launch of Xiaomi’s highly anticipated electric car, which catapulted the electric vehicle (EV) market into the limelight, other original equipment manufacturers...
Last month, Apple announced it was sunsetting its plans to enter the electric vehicle space. Now, the company’s CarPlay offering has become the tech giant’s sole hope...
Hertz’s CEO is stepping down following the company’s major shift on the electric vehicle front. Stephen Scherr, who joined the rental car giant in 2022,...
Cazoo’s days of selling used cars are coming to an end. The U.K. company plans to transition into a “pure play” automotive marketplace, Cazoo said in...
As brick-and-mortar retailers look for new ways to remain relevant amid commerce’s digital transformation, Saks Fifth Avenue is turning its focus to automotive sales in...
The automotive industry in the United States is reportedly set to experience a slight increase in new car sales in 2024. Industry analysts’ projections indicate...