Cars.com parent company Cars Commerce has acquired DealerClub, a digital wholesale auction platform that facilitates transactions between automotive dealers. 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 our...
Conversational artificial intelligence (AI) provider Conversica has introduced a solution for automotive dealerships. 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 our daily newsletter, PYMNTS Today....
Artificial intelligence (AI) lending marketplace Upstart has introduced enhancements to its auto retail platform. 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 our daily newsletter, PYMNTS...
While CarMax reported solid third-quarter results Thursday (Dec. 19), including a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit sales, company officials attributed this growth to strong execution across its business model, led by its omnichannel strategy. Get the...
December 03, 2024
Dealers are letting artificial intelligence (AI) take the wheel in reshaping how Americans shop for cars, steering buyers from smart ads to digital showrooms. 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 our daily newsletter, PYMNTS […]
September 23, 2024
In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and...
February 23, 2018
Americans like owning and driving cars — 88 percent of those who are legally able to drive are owners of cars, according to Pew, giving the U.S. the world’s second-highest...
March 19, 2025
Amazon plans to start helping dealers sell used cars as well as new ones, according to Fan Jin, director and general manager of Amazon Autos. 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 our daily newsletter, PYMNTS Today. By […]
January 24, 2025
Cars.com parent company Cars Commerce has acquired DealerClub, a digital wholesale auction platform that facilitates transactions between automotive dealers. Get the Full Story Complete the form to unlock this article and enjoy...
January 21, 2025
Conversational artificial intelligence (AI) provider Conversica has introduced a solution for automotive dealerships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
January 15, 2025
Artificial intelligence (AI) lending marketplace Upstart has introduced enhancements to its auto retail platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...