AutoNation’s growing portfolio of services is driving record results. The automotive retailer said in a Friday (Feb. 17) earnings release that it earned record revenue in the fourth quarter and full year 2022 in part by expanding the services, finance and transportation it offers customers....
Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar. The acquisition will enable the companies to collaborate on providing new ways to improve the experience of buying and selling...
As the number of connected vehicles on the road continues to grow, developers are producing tools that serve a variety of use cases for consumers, commercial drivers and fleet managers alike. These innovations are driving a global automotive software market that one recent study said...
Nearly 9 in 10 fleet operators say connected vehicle tech saves money and improves driver safety. It also creates the foundation for new fleet payments use cases.
December 24, 2018
There has been a lot of concern in recent years that conversation, as an art form, is dying. The BBC has written a think piece or two on it — as have the Guardian, the Citizen, the Huffington Post and MSNBC. What exactly is killing conversation depends on the writer of the think piece — […]
June 11, 2018
Before the internet made car pricing transparent, a car’s value was a big unknown for the consumer. Buyers would dealer-hop, negotiate for hours and do the back-and-forth between dealers before, mostly out...
September 29, 2016
Beware the Amazon Effect, where competitors’ stocks slide on the merest hint that Amazon wants a piece of their pie. Unless you’re a short seller — or in stocks for...
June 14, 2023
TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector. In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction impacting approximately 102 positions, or 24% of the Company’s headcount.” […]
February 17, 2023
AutoNation’s growing portfolio of services is driving record results. The automotive retailer said in a Friday (Feb. 17) earnings release that it earned record revenue in the fourth quarter and...
November 15, 2022
Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar. The acquisition will enable the...
September 06, 2022
Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2 million units, a 9% increase...
