cars

Will Auto Sales Define the Next Amazon-Walmart Contest?
Will Auto Sales Define the Next Amazon-Walmart Contest?
December 19, 2024  |  Walmart Amazon whole paycheck

It seems as if consumers can buy just about anything from Amazon. Now, you can add cars to that list. Can Amazon Autos become a...

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CFPB Targets Wrongful Car Repossessions and Service Fees
CFPB Targets Wrongful Car Repossessions and Service Fees
October 07, 2024  |  CFPB

The Consumer Finance Protection Bureau (CFPB) says it’s taking action against improper automobile repossessions. The regulator on Monday (Oct. 7) released findings in its investigation...

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Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
September 23, 2024  |  Transportation

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and...

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Connected Car Tech From China Faces US Ban
Connected Car Tech From China Faces US Ban
September 22, 2024  |  Connected Economy

The U.S. is reportedly readying a ban on Chinese technology in connected and autonomous cars. That prohibition — borne of national security concerns — from...

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Carvana Expects New Car Production to Boost Used Car Sales
Carvana Expects New Car Production to Boost Used Car Sales
May 14, 2024  |  Transportation

Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and...

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Odessa Launches Originations Platform, Plans Auto Finance Suite
Odessa Launches Originations Platform, Plans Auto Finance Suite
April 24, 2024  |  Loans

Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto...

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Financial Challenges Prompt Car Shoppers to Look to Secondhand Options
Financial Challenges Prompt Car Shoppers to Look to Secondhand Options
April 18, 2024  |  Transportation

Economic challenges or no, consumers still need to get where they are going, and many are now opting for secondhand sellers when buying vehicles, unable...

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Declining Sales, Production Setbacks Add Miles to Bumpy EV Journey
Declining Sales, Production Setbacks Add Miles to Bumpy EV Journey
April 05, 2024  |  Transportation

Barely a week following the launch of Xiaomi’s highly anticipated electric car, which catapulted the electric vehicle (EV) market into the limelight, other original equipment manufacturers...

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Apple’s CarPlay Gains New Weight as EV Plan Stalls
Apple’s CarPlay Gains New Weight as EV Plan Stalls
March 17, 2024  |  Apple

Last month, Apple announced it was sunsetting its plans to enter the electric vehicle space. Now, the company’s CarPlay offering has become the tech giant’s sole hope...

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