automotive

Rising Car Prices Could Mean Stalling Sales for Automakers
Rising Car Prices Could Mean Stalling Sales for Automakers
October 01, 2024  |  Retail

For automakers, pre-pandemic sales highs might be in the rearview mirror. As The Wall Street Journal (WSJ) reported Tuesday (Oct. 1), the steep price of new vehicles...

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Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
September 30, 2024  |  Payments Innovation

Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline...

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CarMax Focuses on Seamless Customer Experience to Grow Loyalty
CarMax Focuses on Seamless Customer Experience to Grow Loyalty
September 26, 2024  |  Earnings

As CarMax adapts to a shifting automotive landscape, the company is focused on improving the customer experience to maintain its leadership as the nation’s largest...

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Volkswagen Begins Rollout of GenAI-Powered Virtual Assistant for Vehicle Owners
Volkswagen Begins Rollout of GenAI-Powered Virtual Assistant for Vehicle Owners
September 24, 2024  |  artificial intelligence

Volkswagen of America partnered with Google Cloud to integrate a generative artificial intelligence (AI)-powered virtual assistant into its myVW mobile app for vehicle owners. The...

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Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
September 23, 2024  |  Transportation

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and...

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AI Explained: Edge AI Computing Brings Tech to Devices
AI Explained: Edge AI Computing Brings Tech to Devices
September 23, 2024  |  Artificial Intelligence

Edge AI computing brings the brain of artificial intelligence (AI) directly to your devices, making them smarter, faster and more private. From self-driving cars navigating...

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Connected Car Tech From China Faces US Ban
Connected Car Tech From China Faces US Ban
September 22, 2024  |  Connected Economy

The U.S. is reportedly readying a ban on Chinese technology in connected and autonomous cars. That prohibition — borne of national security concerns — from...

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Santander Consumer Expands Small Business Offering to Car Dealers
Santander Consumer Expands Small Business Offering to Car Dealers
September 16, 2024  |  SMBs

Santander Consumer is expanding its small business offering to all auto dealers using its platform. The program lets small business owners and entrepreneurs finance vehicles...

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Car Payments Squeeze Consumers as Debt Mounts
Car Payments Squeeze Consumers as Debt Mounts
September 13, 2024  |  Debt

The money consumers saved during the pandemic has been spent. Savings are pressured, and credit card debt is mounting. When it comes to keeping current...

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