automotive

Report: Advent Holds Off on CCC Intelligent Solutions Sale
Report: Advent Holds Off on CCC Intelligent Solutions Sale
October 24, 2023  |  Acquisitions

The sale of car insurance industry software firm CCC Intelligent Solutions is reportedly in limbo. According to published reports Tuesday (Oct. 24), sources familiar with the matter say CCC...

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BMW Tapping D2C as Auto Companies Turn to Omnichannel
BMW Tapping D2C as Auto Companies Turn to Omnichannel
October 19, 2023  |  eCommerce

BMW Group is dipping its toe in the water with direct-to-consumer (D2C) sales, beginning with its Mini brand, as the auto industry increasingly integrates eCommerce....

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Maersk and Kodiak Robotics Launch Commercial Autonomous Trucking Lane
Maersk and Kodiak Robotics Launch Commercial Autonomous Trucking Lane
October 05, 2023  |  Technology

Global logistics company Maersk and autonomous technology developer Kodiak Robotics have launched a commercial autonomous trucking lane between Houston and Oklahoma City. Since August, the...

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Car Sales Climb as Drivers Finally Retire Older Vehicles
Car Sales Climb as Drivers Finally Retire Older Vehicles
October 02, 2023  |  Economy

American consumers may not want new cars, but they apparently need them. As Bloomberg News reported Monday (Oct. 2), car buyers are visiting dealerships “out of sheer...

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Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
September 28, 2023  |  Acquisitions

Bain Capital is reportedly considering a deal to acquire CCC Intelligent Solutions Holdings, a car-insurance software provider controlled by Advent International. The private equity firm is one...

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CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
September 28, 2023  |  Economy

Some would-be car buyers are putting off purchases due to higher interest rates, according to used auto retailer CarMax. They are “staying on the sidelines”...

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Google and CCC Partner to Speed Online Car Repair Appointments
Google and CCC Partner to Speed Online Car Repair Appointments
September 28, 2023  |  Partnerships

Google and insurance industry cloud platform CCC teamed up to streamline online car repair appointments. The partnership is open to repair shops that use CCC’s...

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The EV Transition Is Revving Up Connected Efficiencies for Commercial Fleets
The EV Transition Is Revving Up Connected Efficiencies for Commercial Fleets
September 27, 2023  |  Connected Economy

No product might be more emblematic of today’s technical innovation than the car. That’s because the humble automobile has been so swept up in the...

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Mercedes and Mastercard Debut Fingerprint Payment Offering in Germany
Mercedes and Mastercard Debut Fingerprint Payment Offering in Germany
September 25, 2023  |  Payment Methods

Mastercard has launched an in-car payment partnership aimed at Mercedes drivers in Germany. The collaboration will let customers use a fingerprint sensor in their car to make digital...

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