cars

Hertz CEO Departs Following EV Troubles
Hertz CEO Departs Following EV Troubles
March 17, 2024  |  Transportation

Hertz’s CEO is stepping down following the company’s major shift on the electric vehicle front. Stephen Scherr, who joined the rental car giant in 2022,...

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Cazoo Switches Focus to Become ‘Pure Play’ Automotive Marketplace
Cazoo Switches Focus to Become ‘Pure Play’ Automotive Marketplace
March 06, 2024  |  Transportation

Cazoo’s days of selling used cars are coming to an end. The U.K. company plans to transition into a “pure play” automotive marketplace, Cazoo said in...

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Saks Gets into EV Sales in Bid to Drive Digital Engagement
Saks Gets into EV Sales in Bid to Drive Digital Engagement
February 06, 2024  |  Retail

As brick-and-mortar retailers look for new ways to remain relevant amid commerce’s digital transformation, Saks Fifth Avenue is turning its focus to automotive sales in...

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New Car Sales Expected to Reach Highest Level Since 2019 
New Car Sales Expected to Reach Highest Level Since 2019 
December 21, 2023  |  Transportation

The automotive industry in the United States is reportedly set to experience a slight increase in new car sales in 2024.  Industry analysts’ projections indicate...

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Amazon Will Now Sell Hyundai Vehicles on US Site
Amazon Will Now Sell Hyundai Vehicles on US Site
November 16, 2023  |  Amazon

Starting in 2024, customers will be able to find and purchase Hyundai vehicles directly from Amazon’s U.S. store.  That is one of several initiatives that will be part...

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Earnings Season Shows No Straight Path for Online Car Platform Profitability
Earnings Season Shows No Straight Path for Online Car Platform Profitability
November 14, 2023  |  Earnings

For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive.  Inventory’s...

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AutoNation Launches eCommerce Platform for Auto Parts and Accessories
AutoNation Launches eCommerce Platform for Auto Parts and Accessories
October 31, 2023  |  eCommerce

Automotive retailer AutoNation has launched a new eCommerce website that allows customers to purchase auto parts and accessories. The new AutoNationParts.com allows customers to purchase these products conveniently and...

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FinTech Upgrade Expands Services to Include Consumer Auto Loans
FinTech Upgrade Expands Services to Include Consumer Auto Loans
August 30, 2023  |  Personal Loans

Upgrade is expanding its services to include consumer auto loans. To kickstart its auto lending business, the San Francisco-based FinTech company will initially make its offering...

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Spotify Ends Production of ‘Car Thing’ Smart Player
Spotify Ends Production of ‘Car Thing’ Smart Player
July 27, 2022  |  Mobile Applications

Spotify has stopped making Car Thing, its in-car smart player, the streaming company said in its earnings report Wednesday (July 27). According to the report,...

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