automotive

Automotive Loyalty Gets Boost With Real-Time Digital Disbursements
Automotive Loyalty Gets Boost With Real-Time Digital Disbursements
September 19, 2022  |  Consumer Payments

Auto companies and dealers can no longer depend on direct customer interactions in the showroom to build rapport and keep customers interested. Digital is already...

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New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
September 12, 2022  |  Consumer Finance

Although there are more vehicles available to shoppers on dealers’ lots, the price of new vehicles is still rising, having set another record in August. ...

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Cazoo Pulls Out of EU to Focus on UK Market
Cazoo Pulls Out of EU to Focus on UK Market
September 08, 2022  |  eCommerce

Following a strategic review of its business in mainland Europe, online car seller Cazoo is foreclosing its operations in the European Union in order to...

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Growing New Car Inventory May Hasten Path to Connected Economy
Growing New Car Inventory May Hasten Path to Connected Economy
September 06, 2022  |  Connected Economy

Bit by bit, chip by chip, the connected economy — the one on wheels — comes into view. But first, newer cars need to get...

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Today in B2B Payments: 5 Companies Add Resources to Expand
Today in B2B Payments: 5 Companies Add Resources to Expand
September 06, 2022  |  B2B Payments

Today in B2B payments, five companies add various sorts of resources that will help them expand. Chargezoom raises $10 million, Nectar gets $25 million in...

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New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
September 06, 2022  |  Economy

Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2...

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Solera, DigniFi Team to Offer Customers Vehicle Repair Financing
Solera, DigniFi Team to Offer Customers Vehicle Repair Financing
September 06, 2022  |  Partnerships

Vehicle lifecycle management company Solera has launched a partnership with DigniFi, a FinTech platform for the auto industry. The tie-up will see Solera offer access...

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Cross-Border B2B Car Dealer TRADE X Expands to Dominican Republic
Cross-Border B2B Car Dealer TRADE X Expands to Dominican Republic
September 05, 2022  |  B2B Payments

Cross-border auto trading platform TRADE X has announced that it will be rolling out in the Dominican Republic. Dealers and fleet owners there will now...

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Vbank, Autochek Partner to Offer Quicker Auto Loans in Nigeria
Vbank, Autochek Partner to Offer Quicker Auto Loans in Nigeria
September 02, 2022  |  Loans

Digital bank Vbank and automotive technology company Autochek have partnered to provide quicker and easier auto loans to customers in Nigeria. With their new loan...

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