car sales

Carvana Renews Ties With Ally Financial After Hindenburg Report

Carvana Renews Ties With Ally Financial After Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025  |  eCommerce

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock...

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Year-End Surge in Car Sales Expected to End in 2025
Year-End Surge in Car Sales Expected to End in 2025
January 03, 2025  |  Retail

A surge in U.S. car sales seen at the end of 2024 is reportedly not expected to last into 2025. Get the Full Story Complete...

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Car Dealers Offer Promotions as Vehicle Supply Climbs
Car Dealers Offer Promotions as Vehicle Supply Climbs
December 29, 2024  |  Retail

The age of COVID-initiated supply shortages at car dealers is over. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CarMax Leverages Omnichannel Strategy to Drive Customer Experience
CarMax Leverages Omnichannel Strategy to Drive Customer Experience
December 19, 2024  |  Earnings

While CarMax reported solid third-quarter results Thursday (Dec. 19), including a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit...

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Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With Walmart
Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With Walmart
December 13, 2024  |  Retail

It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Get the Full Story Complete the form to unlock...

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AI Rewrites the Ticket for Car Sales
AI Rewrites the Ticket for Car Sales
December 03, 2024  |  artificial intelligence

Dealers are letting artificial intelligence (AI) take the wheel in reshaping how Americans shop for cars, steering buyers from smart ads to digital showrooms. Get...

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Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
November 13, 2024  |  Business

Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it...

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CarGurus: Shifting Car-Buying Process Online Boosts Customer Satisfaction
CarGurus: Shifting Car-Buying Process Online Boosts Customer Satisfaction
November 08, 2024  |  Earnings

Offering car dealers and shoppers value beyond the leads it has traditionally delivered is paying off for digital auto platform CarGurus. Get the Full Story...

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Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
October 31, 2024  |  Ecosystems

In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Get the...

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