Impel has raised $104 million to grow its digital engagement software for automotive manufacturers, dealers and third-party marketplaces. The company will use the new capital to...
AutoFi and Santander Consumer USA plan to launch a finance-based auto shopping marketplace this spring. The online, direct-to-consumer (D2C) marketplace will use a soft credit...
Cazoo has revealed plans to shake up its U.K. business. In a Wednesday (Jan. 18) earnings statement, the online auto seller announced a revised strategic...
When carmakers release their 2022 sales figures this week, they’re unlikely to bring good news. Across the industry, American auto sales are projected to be...
Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar....
Cross-border automotive trading platform Trade X has announced it will open a trade route in Mexico and allow that country’s dealers and fleet owners to...
Used vehicle eCommerce platform Vroom is making progress on its goal of achieving profitability and liquidity ahead of growth, company executives said Tuesday (Nov. 8)...
The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov....
Car buyers could begin to feel less pain when paying for a new vehicle following a years-long spike in the price of new automobiles. That’s...