Used car dealer and subprime lender America’s Car-Mart and its lenders are in talks for a sale that would allow the company to continue running, Bloomberg reported Tuesday (Oct. 20), citing unnamed sources. The discussions center on a deal that would happen through a Chapter 11 process...
Automaker General Motors has begun offering Apple Wallet car key support in some vehicles. The integration went into effect last month, and was flagged Monday (Oct. 9) in a report on the website MacRumors. It applies to select Cadillac, Chevrolet, and GMC vehicle models, with other General Motors (GM) models to...
Auto lenders are entering a period in which collections performance will depend on more than identifying borrowers who are falling behind. They also must account for what happens between the monthly statement and the receipt of payment. The Federal Reserve Bank of New York’s “Quarterly...
New Cox Automotive projections show used car prices dipping more than previously expected. The forecast from the automotive industry data solutions company Wednesday (Oct. 7) comes as consumers continue to exhibit declining sentiment amid high interest rates and gas prices. Cox says it has lowered the year-end outlook for...
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. The company bets that AI infrastructure is the fastest path back to growth. At its Canton, Mississippi, plant, which employs 3,200 workers and builds the Frontier pickup […]
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. That reality is shifting profits around and increasingly off companies’ balance sheets. The trade spat with China is itself back on as...
September 04, 2025
Watch more: Agentic AI Is Rewriting the Auto Buying Playbook From Lot to Bot Although buying a car is often a milestone, it’s rarely a fun experience for the buyer....
October 29, 2026
Carvana is hoping to reap the benefits of agentic commerce as it enjoys record revenues. The online used vehicle marketplace reported quarterly earnings Wednesday (Oct. 28) showing $8 billion in revenue, a 42% increase year over year. “In the last two years, we have doubled the number of customers we serve while continuing to lead the industry in […]
October 20, 2026
Used car dealer and subprime lender America’s Car-Mart and its lenders are in talks for a sale that would allow the company to continue running, Bloomberg reported Tuesday (Oct. 20), citing unnamed...
October 20, 2026
Automaker General Motors has begun offering Apple Wallet car key support in some vehicles. The integration went into effect last month, and was flagged Monday (Oct. 9) in a report on the website MacRumors. It applies...
October 07, 2026
New Cox Automotive projections show used car prices dipping more than previously expected. The forecast from the automotive industry data solutions company Wednesday (Oct. 7) comes as consumers continue to exhibit declining sentiment amid...
