automotive

Automobile Claims Process Gets Digital Makeover With Cues From Amazon and Domino’s
Automobile Claims Process Gets Digital Makeover With Cues From Amazon and Domino’s
July 13, 2023  |  Insurance

The auto claims process is changing as manual steps and paper-based interactions are shifting to mobile and digital channels. CCC Intelligent Solutions Vice President Kelli Svymbersky and The Hanover...

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US Bank and Rollick Bring Digital Transformation to RV and Boat Sales
US Bank and Rollick Bring Digital Transformation to RV and Boat Sales
July 12, 2023  |  Partnerships

U.S. Bank and customer engagement technology provider Rollick have partnered and launched a marketplace for recreational vehicles (RVs) and boats. The new U.S. Bank RV and Boat Marketplace offers customers...

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Used Vehicles Projected to be 1.1% Cheaper by End of Year
Used Vehicles Projected to be 1.1% Cheaper by End of Year
July 10, 2023  |  Economy

The retail prices of used vehicles may soon be on the decline. After the largest decline in wholesale prices last month since the pandemic began,...

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‘Intelligent Automation’ Helps Insurers Streamline Auto Claims Payouts
‘Intelligent Automation’ Helps Insurers Streamline Auto Claims Payouts
July 07, 2023  |  Disbursements

In the auto claims industry, the payments tech stack is complex, and the total cost of ownership is expensive. As Michael Boeke, vice president of payments...

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Auto Sales Climb 13% as Consumers Continue to Spend
Auto Sales Climb 13% as Consumers Continue to Spend
July 06, 2023  |  Economy

Interest rates and inflation are apparently no match for the consumer’s desire for a new car. New vehicle sales in the U.S. rose an estimated...

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Amazon-Owned Zoox Begins Operating Driverless Robotaxi in Las Vegas
Amazon-Owned Zoox Begins Operating Driverless Robotaxi in Las Vegas
June 27, 2023  |  Ridesharing

Zoox announced Tuesday (June 27) that it has been operating its driverless robotaxi in Las Vegas for two weeks. The autonomous car — which has no...

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CarMax Results Show Car Affordability Still an Issue Amid Higher Rates
CarMax Results Show Car Affordability Still an Issue Amid Higher Rates
June 23, 2023  |  Earnings

The used vehicle market might be seeing improvement, but affordability remains elusive. CarMax posted first-quarter earnings results for fiscal year 2024 Friday (June 23) that showed a slowing...

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German Regulator Says Google Automotive Services May Violate Antitrust Rules
German Regulator Says Google Automotive Services May Violate Antitrust Rules
June 21, 2023  |  ANTITRUST

A German regulator has told Google that its connected car package may violate antitrust rules. The Federal Cartel Office said in a letter to the tech giant that the...

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CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
June 18, 2023  |  Commerce Connected

The Federal Reserve has signaled it will pause rate hikes.  In the meantime, the U.S. consumer keeps spending.  Economic data released over the past few...

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