automotive

Daimler, BMW Unload Parking App To Focus On Core Business

Daimler, BMW Unload Parking App To Focus On Core Business
Daimler, BMW Unload Parking App To Focus On Core Business
March 09, 2021  |  Partnerships / Acquisitions

EasyPark Group, which works in parking and mobility technology, has announced that it will be acquiring North America’s ParkMobile from Daimler and BMW, according to...

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Today In Retail: CarParts.com Registers 90 Pct Rise In Sales; Target To Debut ‘Favorite Day’ Brand
Today In Retail: CarParts.com Registers 90 Pct Rise In Sales; Target To Debut ‘Favorite Day’...
March 09, 2021  |  Retail

In today’s top retail news, CarParts.com, Inc. reported a surge in sales in the fourth quarter of 2020, while Target is debuting a new food...

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CarParts.com Reports 90 Pct Rise In Quarterly Sales
CarParts.com Reports 90 Pct Rise In Quarterly Sales
March 09, 2021  |  Retail

CarParts.com, Inc., an eCommerce automotive company, reported as part of its financial results that net sales jumped 90 percent year over year in the fourth quarter...

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Monthly New Car Loan Payments Hit Record High Of Nearly $600
Monthly New Car Loan Payments Hit Record High Of Nearly $600
March 04, 2021  |  Loans

Loan payments for new cars escalated to record highs, closing in on $600 per month, CNBC reported on Thursday (March 4), citing data from the...

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Driving Trust In The Cross-Border B2B Used Vehicle Trade
Driving Trust In The Cross-Border B2B Used Vehicle Trade
March 02, 2021  |  B2B Payments

With the rise of eCommerce elevating shoppers’ standards to new heights, digitization has the potential to make even the most notoriously “un-fun” shopping experience a...

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Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
February 26, 2021  |  Earnings

Carvana, the fastest growing and second largest seller of used cars in the country, said Thursday (Feb. 25) it set several sales and profitability records...

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Online Car Market Gettacar Revs Up With $25 Million Round
Online Car Market Gettacar Revs Up With $25 Million Round
February 24, 2021  |  Investments

Online car-buying startup Gettacar has announced $25 million in funding toward its goal of making the car buying and ownership process more streamlined, a press...

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EV Maker Lucid Motors Merges With Churchill SPAC To Go Public
EV Maker Lucid Motors Merges With Churchill SPAC To Go Public
February 23, 2021  |  IPO

Luxury electric vehicle (EV) maker Lucid Motors and special purpose acquisition company (SPAC) Churchill Capital Corp IV (CCIV) are planning a merger to go public....

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Goodyear-Cooper Tire Merger Heats Up Competition Among Auto Service Chains
Goodyear-Cooper Tire Merger Heats Up Competition Among Auto Service Chains
February 23, 2021  |  Retail

The announced combination of Goodyear and Cooper Tire, the largest and fifth-largest tire manufacturers in North America, is set to not only increase competition with...

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