automotive

Discover Global Network: Connected Devices lead the way to the Future of Commerce
Discover Global Network: Connected Devices lead the way to the Future of Commerce
November 04, 2024  |  Connected Economy

From touchless digital payments experiences to connected vehicles, technology provides opportunities for innovation and collaboration across many industries, including payments. Connected devices offer consumers the...

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Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
October 31, 2024  |  Ecosystems

In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Recent third-quarter...

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Earnings Season Shows Consumer Pressures on Auto Loan Payments
Earnings Season Shows Consumer Pressures on Auto Loan Payments
October 21, 2024  |  Loans

Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas...

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Tesla’s ‘Cybercab’ Event Shows Autonomy Still More Hollywood Than High-Impact
Tesla’s ‘Cybercab’ Event Shows Autonomy Still More Hollywood Than High-Impact
October 11, 2024  |  Transportation

What has four wheels, two seats, no steering wheel and arrived a few years late? Tesla’s long-awaited robotaxi, which CEO Elon Musk had predicted in...

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Rising Car Prices Could Mean Stalling Sales for Automakers
Rising Car Prices Could Mean Stalling Sales for Automakers
October 01, 2024  |  Retail

For automakers, pre-pandemic sales highs might be in the rearview mirror. As The Wall Street Journal (WSJ) reported Tuesday (Oct. 1), the steep price of new vehicles...

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Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
September 30, 2024  |  Payments Innovation

Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline...

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CarMax Focuses on Seamless Customer Experience to Grow Loyalty
CarMax Focuses on Seamless Customer Experience to Grow Loyalty
September 26, 2024  |  Earnings

As CarMax adapts to a shifting automotive landscape, the company is focused on improving the customer experience to maintain its leadership as the nation’s largest...

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Volkswagen Begins Rollout of GenAI-Powered Virtual Assistant for Vehicle Owners
Volkswagen Begins Rollout of GenAI-Powered Virtual Assistant for Vehicle Owners
September 24, 2024  |  artificial intelligence

Volkswagen of America partnered with Google Cloud to integrate a generative artificial intelligence (AI)-powered virtual assistant into its myVW mobile app for vehicle owners. The...

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Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
September 23, 2024  |  Transportation

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and...

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