car sales

Car Dealers Turn to Omnichannel Platform to Boost Sales Productivity
Car Dealers Turn to Omnichannel Platform to Boost Sales Productivity
February 11, 2022  |  Digital Payments

Automotive retailer Group 1 Automotive has increased the productivity of its sales team by 20% by deploying an omnichannel digital retailing platform, company executives said...

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Subscription Payment Model Could Become Fourth Pillar of Auto Financing
Subscription Payment Model Could Become Fourth Pillar of Auto Financing
February 11, 2022  |  Subscriptions

Tried buying a car lately? Oh, that’s right — we’re fresh out of cars since the pandemic. An exaggeration, but not terribly far off the...

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Today’s Used Car Reconditioning Process Includes Deleting Previous Owners’ Personal Information From Cars
Today’s Used Car Reconditioning Process Includes Deleting Previous Owners’ Personal Information From Cars
February 08, 2022  |  Technology

When used vehicle marketplace CarLotz receives a vehicle to sell, it does the inspections and reconditioning you’d expect any car dealer to do. Beyond that,...

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Auto Retailers Tap Tech to Cut Risk of Finding, Buying Used Cars in Unfamiliar Places
Auto Retailers Tap Tech to Cut Risk of Finding, Buying Used Cars in Unfamiliar Places
February 07, 2022  |  Retail

Used cars have never been more popular, scarce or expensive. As a result, the average price of secondhand vehicles has risen 42% over the past...

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Automotive Lender Kuwy Launches Car Sale Platform
Automotive Lender Kuwy Launches Car Sale Platform
February 03, 2022  |  Startups

Indian automotive lending startup Kuwy has launched a Lending-as-a-Service (LaaS) platform to let customers purchase new and used cars. “KuwyLaaS will jump start the journey...

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Used Car eCommerce Platform Holds Pop-up Event for Sellers
Used Car eCommerce Platform Holds Pop-up Event for Sellers
January 31, 2022  |  eCommerce

Used car eCommerce platform Shift has tried out another way to make it convenient for consumers to sell their cars. Already offering its customers the...

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Cazoo Acquires Italy’s Brumbrum, Solidifies Presence in Five Largest Used Car Markets in Europe
Cazoo Acquires Italy’s Brumbrum, Solidifies Presence in Five Largest Used Car Markets in Europe
January 26, 2022  |  Acquisitions

Cazoo, one of Europe’s leading online car retailers, announced in a Wednesday (Jan. 26) press release that it will be acquiring Italian online used car...

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Vehicle Brands Offer Car Shoppers a Seamless Experience Online and In-Store
Vehicle Brands Offer Car Shoppers a Seamless Experience Online and In-Store
January 12, 2022  |  Retail

About five years ago, Toyota saw that potential customers who were shopping for cars online were turning to third-party websites to get some information they...

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High New and Used Car Prices Keeping Pedal to the Metal Until Production Catches Up
High New and Used Car Prices Keeping Pedal to the Metal Until Production Catches Up
January 03, 2022  |  Economy

As 2021 drew to a close, vehicle valuation and automotive research company Kelly Blue Book (KBB) released the startling stat that the “average used car price tops $27,000 for the...

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