automotive

Uber May Sell Self-Driving Car Unit To Rival Aurora Innovation, Report Says
Uber May Sell Self-Driving Car Unit To Rival Aurora Innovation, Report Says
November 15, 2020  |  Partnerships / Acquisitions

Uber may sell its autonomous vehicle unit Uber Advanced Technologies Group (UberATG) to a competitor, startup Aurora Innovation, according to a news report. Aurora, which...

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Consumers’ Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers
Consumers’ Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers
November 13, 2020  |  Retail

Given that 90 percent of new car purchases and half of used car purchases are financed, it’s no surprise that the lifestyle changes and digital...

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No Money Down: Car Manufacturers Continue To Add Subscription Options
No Money Down: Car Manufacturers Continue To Add Subscription Options
November 10, 2020  |  Subscriptions

Whether it’s urban flight, working from home or avoiding mass transportation, the lifestyle changes brought on by the global pandemic are having an enormous impact...

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Auto Sales In China Up For Fourth Month
Auto Sales In China Up For Fourth Month
November 09, 2020  |  International

Sales of cars in China posted a big gain in October, offering a bright spot for the still recovering global auto sector, with electric vehicles...

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Getaround Car-Sharing Tech Disrupts Car Ownership
Getaround Car-Sharing Tech Disrupts Car Ownership
November 06, 2020  |  Innovation

In a world that’s home to one billion cars that sit unused the majority of the time, the concept of sharing a vehicle only when...

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The Resilience Of Subscription Commerce And Auto Sales 
The Resilience Of Subscription Commerce And Auto Sales 
November 04, 2020  |  Today In Data

The automotive market is surging amid COVID-19, and companies such as Carvana are reaping the benefits. Carvana has been an innovator in the space, with its high-profile vending...

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Scammers Take Used Car Buyers For A Ride Amid Pandemic
Scammers Take Used Car Buyers For A Ride Amid Pandemic
November 04, 2020  |  Security & Fraud

Scammers are preying on used car buyers as demand surges for pre-owned vehicles amid the COVID-19 pandemic, according to a CBS report on Wednesday (Nov....

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Fast And Furious: Used Car Sales Surge For Carvana During Pandemic
Fast And Furious: Used Car Sales Surge For Carvana During Pandemic
November 03, 2020  |  Retail

The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter last week,...

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CarLotz To Go Public Via A SPAC
CarLotz To Go Public Via A SPAC
October 22, 2020  |  Retail

CarLotz and Acamar Partners Acquisition Corp. — a special purpose acquisition company (or “SPAC”) — have struck “a definitive business combination agreement” that would turn...

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