PYMNTS-MonitorEdge-May-2024

vehicles

Revving Up The Latest Retail Trends With Autos
Revving Up The Latest Retail Trends With Autos
January 08, 2020  |  Today In Data

Auto sales are driving retail trends, as online marketplace and auction site eBay has released a new eBay Motors app. At the same time, Carvana, a firm that allows consumers to...

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US 2019 Auto Sales Were Lowest In Five Years
US 2019 Auto Sales Were Lowest In Five Years
January 03, 2020  |  Retail

Drivers in the United States purchased fewer new vehicles in 2019 than in prior years but spent more money to buy them. Research firms project...

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BMW To Offer Apple’s CarPlay For Free
BMW To Offer Apple’s CarPlay For Free
December 04, 2019  |  Apple

BMW has announced that it’s no longer going to charge users to use Apple’s CarPlay in its vehicles, according to reports. Initially, BMW would charge...

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Addressing Community Needs With Self-Driving Innovation
Addressing Community Needs With Self-Driving Innovation
October 17, 2019  |  Intelligence of Things

As consumers eschew car ownership, public transportation ridership has increased 21 percent over the past two decades. Recent efforts to upgrade transit systems with connected...

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VW’s Skoda To Add Virtual Assistants To Vehicles
VW’s Skoda To Add Virtual Assistants To Vehicles
September 27, 2019  |  Innovation

European car manufacturer Skoda will be adding a virtual assistant to its vehicles, which will be accessible through vocal commands, according to a report by...

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Volvo Teams With NVIDIA For Autonomous Tech
Volvo Teams With NVIDIA For Autonomous Tech
June 18, 2019  |  Artificial Intelligence

To create artificial intelligence (AI) for autonomous trucks, Sweden’s AB Volvo is teaming with NVIDIA. The tie-up will make a scalable and flexible system for...

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Lloyds Of London Looks At Driverless Car Policies
Lloyds Of London Looks At Driverless Car Policies
June 18, 2019  |  Innovation

Lloyd’s of London is looking into its auto coverage options to prepare for the impending rise in driverless technology. Chief Executive Officer John Neal said...

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Deep Dive: How Escrow Solutions Build Digital Marketplace Trust
Deep Dive: How Escrow Solutions Build Digital Marketplace Trust
February 20, 2019  |  Disbursements

In a digital commerce ecosystem, two parties that have never met before must agree to transactions or assignments, deliver and receive products and, perhaps most...

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Porsche Passport Lures Younger-Than-Expected Drivers
Porsche Passport Lures Younger-Than-Expected Drivers
March 29, 2018  |  Merchant Innovation

Porsche Passport, the luxury car maker’s subscription service that enables users to access Porsche cars through a mobile app, is luring in younger-than-expected drivers, reported...

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