J.D. Power has unveiled an ordering tool to prevent cart abandonment during car shopping. The consumer insights and analytics firm said in a news release Tuesday (Jan. 24) that its Online Ordering offering is its first entry into the “Modern Retailing as a Service (MRaaS)” space, designed to...
When carmakers release their 2022 sales figures this week, they’re unlikely to bring good news. Across the industry, American auto sales are projected to be 13.7 million for last year, the lowest number in more than 10 years, The Wall Street Journal (WSJ) reported Wednesday...
A joint outlook from J.D. Power and LMC Automotive forecasts that new vehicle retail sales for November 2020 will drop slightly from the same month the prior year, according to a Wednesday (Nov. 25) press release. Retail sales for new automobiles are forecast to be...
Given that 90 percent of new car purchases and half of used car purchases are financed, it’s no surprise that the lifestyle changes and digital shift brought on by the pandemic have disrupted auto loans, that age-old corner of the vehicle industry. Whether a car loan...
November 03, 2016
Will alternative lending platforms eat away at traditional banks’ market share? That’s been the question for the past few years, with many analysts agreeing that alternative finance won’t rise as a threat against banks. With financial institutions beginning to collaborate and partner with these alternative players, it seems even less likely that the two sides […]
January 24, 2023
J.D. Power has unveiled an ordering tool to prevent cart abandonment during car shopping. The consumer insights and analytics firm said in a news release Tuesday (Jan. 24) that its Online Ordering offering is its first entry into the “Modern Retailing as a Service (MRaaS)” space, designed to streamline the process of car buying. Phillip Battista, head of […]
January 04, 2023
When carmakers release their 2022 sales figures this week, they’re unlikely to bring good news. Across the industry, American auto sales are projected to be 13.7 million for last year,...
November 25, 2020
A joint outlook from J.D. Power and LMC Automotive forecasts that new vehicle retail sales for November 2020 will drop slightly from the same month the prior year, according to...
June 29, 2020
Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Power and LMC Automotive, the companies...
