automotive

Mastercard and Last Mile Solutions Partner on Payments at EV Charging Stations
Mastercard and Last Mile Solutions Partner on Payments at EV Charging Stations
February 06, 2024  |  Partnerships

Mastercard and Last Mile Solutions teamed up to make payments at electric vehicle (EV) charging stations more seamless. Through the partnership, charge point operators (CPOs) will...

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Saks Gets into EV Sales in Bid to Drive Digital Engagement
Saks Gets into EV Sales in Bid to Drive Digital Engagement
February 06, 2024  |  Retail

As brick-and-mortar retailers look for new ways to remain relevant amid commerce’s digital transformation, Saks Fifth Avenue is turning its focus to automotive sales in...

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Mitsubishi Launches Digital Retail Program as Auto Manufacturers Tap Omnichannel Tech
Mitsubishi Launches Digital Retail Program as Auto Manufacturers Tap Omnichannel Tech
February 05, 2024  |  Retail

As the process of making large-ticket purchases becomes increasingly digital across industries, Mitsubishi Motors has announced a new digital retail program. Mitsubishi Motors North America,...

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Cox Automotive Rolls Out Synthetic Identity Fraud Indicator for Car Dealers
Cox Automotive Rolls Out Synthetic Identity Fraud Indicator for Car Dealers
February 02, 2024  |  Fraud Prevention

Cox Automotive has added a new synthetic identity (ID) fraud indicator to its Dealertrack Compliance solution for car dealers. The new Synthetic ID Fraud Alert is designed...

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Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
February 02, 2024  |  Business

Online used car firm Carvana has reportedly turned around its operations and debt over the past 18 months, lifting its stock price from $5 to...

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Impel and ClearCar Develop AI-Powered Solution for Valuing, Buying Vehicles
Impel and ClearCar Develop AI-Powered Solution for Valuing, Buying Vehicles
February 01, 2024  |  artificial intelligence

Impel and ClearCar have partnered to make it easier for Impel’s automobile dealer customers to manage leads from consumers who want to value and sell...

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Experian Launches Fraud Prevention Tool for Car Dealers
Experian Launches Fraud Prevention Tool for Car Dealers
January 31, 2024  |  Security & Fraud

Car buying is increasingly moving online, and scammers who target car buyers are following suit. With that in mind, Experian has debuted Fraud Protect, a tool to help auto...

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Upstart to Expand Vehicle Financing to Another 13 States
Upstart to Expand Vehicle Financing to Another 13 States
January 31, 2024  |  Loans

Upstart plans to expand its auto retail financing capability to another 13 states during the first quarter. The lending marketplace aims to reach 90% of...

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Volkswagen Opens AI Lab as Carmakers Embrace Artificial Intelligence
Volkswagen Opens AI Lab as Carmakers Embrace Artificial Intelligence
January 31, 2024  |  Artificial Intelligence

Volkswagen is reportedly in discussion with technology companies to launch an artificial intelligence partnership. The German carmaker would work with these tech groups to create...

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