Dealer management systems house the information tied to the operation’s financial activity. Customer balances, repair orders, vendor invoices and accounting records can originate there even when the payment itself moves through a bank or another provider. More of the payment process is now being connected...
As automotive technology evolves, cars are getting more and more expensive to repair. That’s because repair shops are being forced to spend more on software and calibration equipment, expenses that are being passed onto drivers, CNBC reported Saturday (Oct. 3). “The repairs of these vehicles...
A Waymo ride and a public transit fare are separate transactions. A new rewards program shows what can happen when the payment credential connects them. Waymo launched a transit rewards program Sept. 22 that lets San Francisco Bay Area riders link a Visa card to...
BMW is reportedly hoping to use AI to increase efficiency as it plans sweeping job cuts. Artificial intelligence (AI) will be a crucial part of the German carmaker’s plans to reduce costs and speed development, The Wall Street Journal (WSJ) reported Wednesday (Sept. 30) from a BMW investor...
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 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 high interest rates and gas prices. Cox says it has lowered the year-end outlook for its Manheim Used Vehicle Value Index, expecting it to finish […]
October 04, 2026
As automotive technology evolves, cars are getting more and more expensive to repair. That’s because repair shops are being forced to spend more on software and calibration equipment, expenses that...
September 30, 2026
BMW is reportedly hoping to use AI to increase efficiency as it plans sweeping job cuts. Artificial intelligence (AI) will be a crucial part of the German carmaker’s plans to reduce...
September 28, 2026
When used car retailer CarMax holds its earnings call Tuesday (Sept. 29), investors and analysts will be looking for insights into the company’s progress on its turnaround plan as well...