Artificial intelligence (AI) could give automakers something they have spent years trying to build: a way to keep making money from a vehicle long after it leaves the dealership. Ford and General Motors (GM) are both betting that an AI assistant tied to a vehicle’s...
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Hyundai Motor Group said in an Aug. 12 press release that artificial intelligence (AI) has cut the time its engineers spend searching for and reviewing historical crash test cases by 90%, a measurable example of how AI can speed up industrial work without replacing the...
Automotive service providers that use 1stMILE’s automotive commerce platform can now offer their customers Splitit’s flexible point-of-sale installment payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
June 09, 2026
Nissan is deploying artificial intelligence simultaneously inside its factories to cut production downtime and worker injuries, as well as inside its vehicles to reach autonomous driving at scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]
January 07, 2026
At CES 2026 this week, automakers and suppliers showed vehicles designed with the assumption that humans will not always be driving, shifting attention from driver-assist features toward software that increasingly...
October 15, 2025
The tit-for-tat of global tariffs is back on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
September 04, 2025
Watch more: Agentic AI Is Rewriting the Auto Buying Playbook From Lot to Bot Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
September 15, 2026
Truist Financial, a top 10 commercial bank in the United States in terms of assets, disclosed Tuesday (Sept. 15) that it is selling $5.5 billion worth of auto loans and exiting the near-prime auto lending business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]
August 07, 2026
Automotive service providers that use 1stMILE’s automotive commerce platform can now offer their customers Splitit’s flexible point-of-sale installment payments. Get the Full Story Complete the form to unlock this article...
July 31, 2026
Automotive retailer AutoNation has found that the industry and consumers are “in good shape,” despite declines in sales volume and profit that the company saw in the second quarter, AutoNation...
July 30, 2026
Automotive eCommerce firm Carvana’s continuing rollout of software platforms across its operations contributed to the company’s record second-quarter results, Carvana President, CEO and Chairman Ernie Garcia said during a Wednesday...