car sales

UK’s Cazoo Launches in France and Germany, Intensifies Competition in Europe’s Used Car Market
UK’s Cazoo Launches in France and Germany, Intensifies Competition in Europe’s Used Car Market
December 01, 2021  |  Retail

Cazoo, one of Europe’s leading online car retailers, announced on Wednesday (Dec. 1) that it has launched its used car marketplace in both France and...

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Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
November 04, 2021  |  Partnerships / Acquisitions

Automotive marketplace platform Cars.com (CARS) announced on Thursday (Nov. 4) that it has signed a definitive agreement to acquire automotive FinTech platform CreditIQ.  This move...

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Digital Tools Are Still the Driving Competitive Advantage in Auto Sales
Digital Tools Are Still the Driving Competitive Advantage in Auto Sales
October 21, 2021  |  Earnings

AutoNation credits its digital tools with both driving down costs and increasing opportunities in the business of selling new and used cars. The nation’s largest...

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Vroom Rolls Out ‘Last-Mile’ Concierge Service in Houston
Vroom Rolls Out ‘Last-Mile’ Concierge Service in Houston
October 20, 2021  |  Delivery

Online used car buying and selling platform Vroom, Inc. has opened a new Houston hub to allow the retailer to inspect, detail and place temporary...

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Acquisitions Fuel Growth Across Europe’s Used Vehicle Market
Acquisitions Fuel Growth Across Europe’s Used Vehicle Market
October 20, 2021  |  Partnerships / Acquisitions

The used vehicle market is booming as competitors fight for a piece of the pie, valued at an estimated £500 billion (about $689 billion USD)...

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Blockchain and Smart Contracts Put Germany’s Auto Dealers on Financing Fast Track
Blockchain and Smart Contracts Put Germany’s Auto Dealers on Financing Fast Track
October 20, 2021  |  Blockchain

As the mobility sector continues its digital shift with a variety of vehicle sales platforms expanding capabilities — particularly into financing — the complexities of...

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Chip Shortage Forces Toyota to Scale Back Production
Chip Shortage Forces Toyota to Scale Back Production
October 15, 2021  |  Retail

Toyota Motor Corp. on Friday (Oct. 15) announced scheduled shutdowns of its Japan production plants in November from one to five days, blaming the ongoing...

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Today in Retail: Amazon Adds New Gifting Tool; Chip Shortage Drags Down Auto Sales
Today in Retail: Amazon Adds New Gifting Tool; Chip Shortage Drags Down Auto Sales
October 04, 2021  |  Retail

In today’s top retail news, Amazon is making it easier for shoppers to give gifts without knowing the recipient’s address, and the months-long semiconductor chip...

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Semiconductor Chip Shortage Limits Auto Sales in Q3
Semiconductor Chip Shortage Limits Auto Sales in Q3
October 03, 2021  |  Retail

New vehicle sales dropped in the third quarter due to ongoing supply chain issues and a shortage of semiconductor chips, CNN Business reported. Compared to...

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