auto industry

Will US Dealerships Shake Off CDK Attack By Independence Day?
Will US Dealerships Shake Off CDK Attack By Independence Day?
June 26, 2024  |  Security & Fraud

It is almost July Fourth, and summer holiday travel is about to enter its peak season. But despite the sunshine and blue skies, Americans planning...

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CarParts.com Stalls With Q1 Earnings Drop as Consumers Pull Back Spending
CarParts.com Stalls With Q1 Earnings Drop as Consumers Pull Back Spending
May 07, 2024  |  Earnings

After a few weeks of an earnings season marked by cautionary optimism about the state of the U.S. consumer, CarParts.com said the quiet part out...

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Fortellix Raises $43 Million to Expand Its Automatic Driving Validation Tech
Fortellix Raises $43 Million to Expand Its Automatic Driving Validation Tech
May 03, 2023  |  artificial intelligence

Fortellix has raised $43 million to expand its products for the automated driving sector. The Israeli company, which makes safety-driven verification and validation technology for automated...

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AutoNation Moves Into Mobile Car Servicing With $190M RepairSmith Acquisition
AutoNation Moves Into Mobile Car Servicing With $190M RepairSmith Acquisition
December 12, 2022  |  Retail

AutoNation says it will expand its post-sale vehicle service offerings by acquiring mobile car repair platform RepairSmith. The $190 million deal, announced Monday (Dec. 12), is happening when...

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Cars.com to Snap Up Accu-Trade to Enter Digital Wholesale Sector
Cars.com to Snap Up Accu-Trade to Enter Digital Wholesale Sector
February 08, 2022  |  Acquisitions

Automotive marketplace platform Cars.com is finalizing a deal to acquire 100% of the assets of Accu-Trade for $65 million in cash at closing, with the...

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High New and Used Car Prices Keeping Pedal to the Metal Until Production Catches Up
High New and Used Car Prices Keeping Pedal to the Metal Until Production Catches Up
January 03, 2022  |  Economy

As 2021 drew to a close, vehicle valuation and automotive research company Kelly Blue Book (KBB) released the startling stat that the “average used car price tops $27,000 for the...

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Auto Dealers Face Gap Between Tight Risk Management And Comfy Customer Experience
Auto Dealers Face Gap Between Tight Risk Management And Comfy Customer Experience
July 22, 2021  |  Security & Fraud

“Everyone’s at risk — and everyone’s a target.” To that end, Mark Luber, chief product officer at Equifax, told Karen Webster that in an increasingly...

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EV Charging Station Rift Could Be Auto Industry’s Next Big Pothole
EV Charging Station Rift Could Be Auto Industry’s Next Big Pothole
July 08, 2021  |  Merchant Innovation

Like any large pothole you don’t see until it’s too late, a similarly concealed rut may be hiding from the auto industry in the form...

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Virus Expected To Have Long-Term Impact On Travel, X-Border Payments
Virus Expected To Have Long-Term Impact On Travel, X-Border Payments
March 01, 2020  |  International

The number of companies and events impacted by the coronavirus’ mass spread now includes the annual Game Developers Conference. The event, originally scheduled for March...

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