Auto Repairs news and trends

CarParts.com CEO Says BNPL Helps Consumers Pay Big Bills to Repair Aging Cars
Buy Now Pay Later // August 08, 2023

As consumers struggle to make ends meet, the burden of unexpected car repairs can be overwhelming.  David Meniane, CEO CarParts.com, said in a recent interview that, though it’s tough to gauge where we are in the macro-economic cycle, there are some longstanding trends in place.  ...

CCC Eyes Digitizing Parts Ordering as AI Transforms Auto Claims
Insurance // August 01, 2023

CCC Intelligent Solutions delivered second quarter results that show increasing traction in using advanced technologies — artificial intelligence (AI) included — to improve auto claims estimates, resolution and payout workflows. The company posted revenues that grew 10% year over year to $192.8 million.  CEO Githesh Ramamurthy...

Retail Spending’s Headline Rebound Masks Pullback on Discretionary Items
Consumer Insights // May 16, 2023

The retail data released Tuesday (May 16) by the Commerce Department shows a reversal in consumer spending after two months of declines. But one headline does not a rebound make. And the more deeply one dives into the data, the more apparent it is that...

Bumper CEO Says BNPL ‘More Relevant Than Ever’ as EU Used-Car Demand Hits Record Highs
BNPL // May 05, 2022

Even before the war in Ukraine, supply chain issues were a major concern in the European automotive industry. But James Jackson, co-founder and CEO at U.K.-based buy now, pay later (BNPL) firm Bumper, said he was surprised to learn just how crucial the Eastern European...

Interviews & Exclusives
BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock

January 10, 2024
For Bumper CEO James Jackson, a career at tech firms over the course of more than a decade has served up “lots of valuable lessons on how you scale FinTechs and how you raise capital,” as he noted to Karen Webster.   But his time at PayLater, part of the Wonga Group, helped shape insights into the […]

Bumper CEO Says BNPL ‘More Relevant Than Ever’ as EU Used-Car Demand Hits Record Highs

May 05, 2022
Even before the war in Ukraine, supply chain issues were a major concern in the European automotive industry. But James Jackson, co-founder and CEO at U.K.-based buy now, pay later...