automotive

US Auto Sales To Hit Record High For April

US Auto Sales To Hit Record High For April
US Auto Sales To Hit Record High For April
April 29, 2021  |  Retail

Auto retail sales for April are slated to go higher than they’ve ever been for that month in the U.S., according to a report from...

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Lyft To Sell Self-Driving Division To Woven Planet
Lyft To Sell Self-Driving Division To Woven Planet
April 26, 2021  |  Partnerships / Acquisitions

Lyft is selling its self-driving division, Level 5, to Woven Planet Holdings, according to a press release. The deal is expected to close in the...

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Insurance Apps And Actuarial Musings On Display In New PYMNTS Provider Ranking
Insurance Apps And Actuarial Musings On Display In New PYMNTS Provider Ranking
April 26, 2021  |  Mobile Applications

Are you adequately covered? Insurance-wise, that is? Can’t be too careful, with pandemics, happenstance and driverless vehicles to protect oneself from, financially at least. Get...

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Genuine Parts Reports Strong Q1 Sales Amid Surge In Auto-Related Spending
Genuine Parts Reports Strong Q1 Sales Amid Surge In Auto-Related Spending
April 22, 2021  |  Retail

The parent company of over 10,000 NAPA Auto Parts stores reported strong sales for the first quarter that ended on March 31. Atlanta-based Genuine Parts...

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Tight Supply, Recovery Spike Used-Car Prices
Tight Supply, Recovery Spike Used-Car Prices
April 22, 2021  |  Retail

Used vehicle prices were up over 50 percent since last year in April so far, a report from the Manheim Index says. Get the Full...

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AutoNation Delivers Record Q1 Profit As Car Prices And Digital Sales Surge
AutoNation Delivers Record Q1 Profit As Car Prices And Digital Sales Surge
April 20, 2021  |  Retail

The country’s largest auto retailer said Tuesday (April 20) that rising new and used vehicle prices as well as its lucrative parts and service and...

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Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers
Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers
April 20, 2021  |  Retail

Amid formidable demand from DIY shoppers and professional customers, Advance Auto Parts said it anticipates comparable-store sales growth to be between 22 percent and 24...

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Harley-Davidson Raises Outlook, Cites Strong Retail Demand Despite EU Tariff Hike
Harley-Davidson Raises Outlook, Cites Strong Retail Demand Despite EU Tariff Hike
April 19, 2021  |  Retail

The iconic motorcycle manufacturer Harley-Davidson said on Monday (April 19) that strong retail demand, reduced dealer inventories and fewer loan write-offs drove better-than-expected first-quarter results,...

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Ally Financial Posts $796 Million Q1 Net Income
Ally Financial Posts $796 Million Q1 Net Income
April 16, 2021  |  Earnings

Ally Financial, a Detroit, Michigan-headquartered automotive financial services company, posted first-quarter 2021 results showing net income of $796 million, after reporting a loss in the...

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