car sales

CarGurus Launches Tool To Bring Dealers, Buyers Together
CarGurus Launches Tool To Bring Dealers, Buyers Together
July 30, 2021  |  Retail

Car dealers need used vehicles. Car buyers want to sell, but they’re not crazy about walking into a dealership. Enter CarGurus, which debuted a service...

READ MORE >
Demand Drives Up Used Car Prices In US, UK And Germany
Demand Drives Up Used Car Prices In US, UK And Germany
June 06, 2021  |  Economy

It may be time to retire the used car salesman jokes, at least for a while. Sales of used cars are strong across the United...

READ MORE >
Dunkin’ Promotes Drive-Thru With CarMax Partnership
Dunkin’ Promotes Drive-Thru With CarMax Partnership
April 13, 2021  |  Retail

In the past 13 months, many quick-service restaurants (QSRs) have doubled down on drive-thru, after the channel’s success during the height of the pandemic. McDonald’s,...

READ MORE >
Sonic Automotive Opens EchoPark Dealership In Alabama
Sonic Automotive Opens EchoPark Dealership In Alabama
April 12, 2021  |  Retail

Sonic Automotive, Inc. has grown its network of EchoPark pre-owned vehicle stores with the opening of a new location in Birmingham, Alabama, according to a...

READ MORE >
US Car Sales Shift Into High Gear In Q1
US Car Sales Shift Into High Gear In Q1
March 31, 2021  |  Retail

The car buying craze is on. According to recent reports, consumers are snapping up new vehicles at pre-pandemic levels, as a  massive case of FOMO...

READ MORE >
Carvana Invests $500 Million In New Facilities And Staff
Carvana Invests $500 Million In New Facilities And Staff
March 17, 2021  |  Business

Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era...

READ MORE >
Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
March 16, 2021  |  eCommerce

There are a lot of things U.S. consumers associate with the car buying experience. For example, a 2020 report from the Federal Trade Commission suggested...

READ MORE >
Monthly New Car Loan Payments Hit Record High Of Nearly $600
Monthly New Car Loan Payments Hit Record High Of Nearly $600
March 04, 2021  |  Loans

Loan payments for new cars escalated to record highs, closing in on $600 per month, CNBC reported on Thursday (March 4), citing data from the...

READ MORE >
Driving Trust In The Cross-Border B2B Used Vehicle Trade
Driving Trust In The Cross-Border B2B Used Vehicle Trade
March 02, 2021  |  B2B Payments

With the rise of eCommerce elevating shoppers’ standards to new heights, digitization has the potential to make even the most notoriously “un-fun” shopping experience a...

READ MORE >