car sales

CarLotz Opens Hubs Near Seattle And Orlando
CarLotz Opens Hubs Near Seattle And Orlando
February 02, 2021  |  Retail

Consignment-to-retail pre-owned vehicle marketplace CarLotz said on Tuesday (Feb. 2) that it has opened centers in the Orlando, Florida and Seattle, Washington areas, according to...

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Lexus, Toyota Take Control Of Digital Buying Platforms Amid Pandemic
Lexus, Toyota Take Control Of Digital Buying Platforms Amid Pandemic
February 01, 2021  |  Retail

Automotive brands are taking control of digital buying platforms by unveiling new experiences for the leasing, financing or purchasing of new vehicles amid the pandemic....

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Cox Automotive Launches End-To-End Car Retail Experience
Cox Automotive Launches End-To-End Car Retail Experience
January 25, 2021  |  Retail

Cox Automotive has rolled out its Complete Retail online experience, which lets merchants and shoppers finish the shopping and purchasing processes in any location. The...

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Driving Digital: Four Auto Sales Trends To Watch In 2021
Driving Digital: Four Auto Sales Trends To Watch In 2021
January 06, 2021  |  Retail

If the massive and diverse U.S. auto industry was a car, you could say its ride on “route 2020” was a bumpy one, with lots...

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Car Wars: Apple And Tesla Could Go Head-to-Head By 2024
Car Wars: Apple And Tesla Could Go Head-to-Head By 2024
December 22, 2020  |  Apple

After nearly a decade of sporadic work by a select team of engineers and designers at Apple to build an autonomous vehicle, a report out...

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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?
Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?
December 16, 2020  |  Artificial Intelligence

“Buy a car entirely online, and have it safely delivered, contact-free.” So goes the pitch at online car-buying platform Vroom, which is turning to artificial...

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CarLotz Reports 12 Pct Rise In Net Revenues
CarLotz Reports 12 Pct Rise In Net Revenues
December 16, 2020  |  Retail

Consignment-to-retail used vehicle marketplace CarLotz, Inc. said on Wednesday (Dec. 16) that its total revenues rose 12 percent for Q3 2020 to $29.8 million, up...

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Vroom To Buy AI-Powered Analytics And Digital Services Firm CarStory
Vroom To Buy AI-Powered Analytics And Digital Services Firm CarStory
December 15, 2020  |  Acquiring

Vroom said on Tuesday (Dec. 15) that it has entered into a definitive deal to buy artificial intelligence (AI)-fueled analytics and digital services company CarStory...

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US November Car Sales Fell, But That Doesn’t Reflect Underlying Trends
US November Car Sales Fell, But That Doesn’t Reflect Underlying Trends
December 03, 2020  |  Economy

Headline data showing a 15 percent drop in November U.S. vehicle sales seem startling, but industry experts say it doesn’t accurately reflect the industry’s true...

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