automotive

Today in B2B Payments: Firms Launch Tools for Aviation, Restaurant Industries
Today in B2B Payments: Firms Launch Tools for Aviation, Restaurant Industries
October 18, 2022  |  B2B Payments

Today in B2B payments, TreviPay and KHI develop a payment platform for the aviation industry, Lendica and Altametrics offer B2B buy now, pay later (BNPL)...

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Discount Tire Debuts Omnichannel Concept Store to Speed Auto Service
Discount Tire Debuts Omnichannel Concept Store to Speed Auto Service
October 04, 2022  |  Retail

Tire and wheel retailer Discount Tire has introduced “Pit Pass,” a concept store designed to help customers get serviced faster in a “drive-thru experience.” The...

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What 2014 Teaches Us About the Future of Payments and the Digital Economy
What 2014 Teaches Us About the Future of Payments and the Digital Economy
October 03, 2022  |  Connected Economy

In 1963, Nobel-prize winning physicist Dennis Gabor wrote that the future can’t be predicted, but it can be invented. Gabor, who won the Nobel for...

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CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...

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CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

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For Buying, Selling and Financing, MEA Auto Markets Turn to Digital Platforms
For Buying, Selling and Financing, MEA Auto Markets Turn to Digital Platforms
September 27, 2022  |  eCommerce

In the September edition of the Expanding Payments Choice Playbook series, PYMNTS discusses the importance of end-to-end digital car buying, a mode of auto sales...

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PYMNTS Intelligence: Meeting Car Buyers in the Digital Space
PYMNTS Intelligence: Meeting Car Buyers in the Digital Space
September 21, 2022  |  Consumer Payments

Young consumers expect everything faster. — Millennials outdistanced baby boomers for the first time in 2020 as the age group buying the most new cars,...

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Online Car Shoppers Say Buying Experience 3x More Important Than Price
Online Car Shoppers Say Buying Experience 3x More Important Than Price
September 20, 2022  |  Retail

“What price will put you nice folks into a used car today?” The cartoonish used car pitches of yesteryear vanished with the pandemic used car...

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AutoZone Sees ‘Lofty’ Commercial Sales Growth
AutoZone Sees ‘Lofty’ Commercial Sales Growth
September 19, 2022  |  Retail

AutoZone logged a 26% growth in its commercial business during the fiscal fourth quarter, the auto parts retailer reported Monday (Sept. 19). Commercial sales for...

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