Car Dealerships news and trends

Cars Commerce Acquires DealerClub to Expand Into Automotive Wholesale Market
Acquisitions // 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 unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Conversica Debuts Conversational AI Tool for Auto Dealers
artificial intelligence // 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 all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Upstart Unveils New Sales Tools and Redesigned Auto Financing Platform
artificial intelligence // 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 to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

CarMax Leverages Omnichannel Strategy to Drive Customer Experience
Earnings // December 19, 2024

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...

Interviews & Exclusives
AI Rewrites the Ticket for Car Sales

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 […]

Vroom Completes Business Wind-Down; Shifts Focus to Core Assets

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...

Blinker CEO: Every Picture Tells An Auto Sales Story

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...

Quick Reads
Amazon Autos to Help Dealers Sell Used Cars

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 […]

Cars Commerce Acquires DealerClub to Expand Into Automotive Wholesale Market

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...

Conversica Debuts Conversational AI Tool for Auto Dealers

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...

Upstart Unveils New Sales Tools and Redesigned Auto Financing Platform

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...