automotive

Vroom CEO: Selling Cars Online Takes More Than Just Having A Website
Vroom CEO: Selling Cars Online Takes More Than Just Having A Website
August 24, 2020  |  Merchant Innovation

U.S. car culture has been making a big comeback, driven by a global pandemic that’s pushed a major restructuring of many consumers’ lives. After all,...

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GM To Expand Electric Car Production In China, Add 5G To Vehicles In 2022
GM To Expand Electric Car Production In China, Add 5G To Vehicles In 2022
August 19, 2020  |  International

General Motors (GM) is retooling its China manufacturing plants to build electric cars in a country that reportedly contributes nearly one-fifth of its profit, the...

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Kicking The Wheels Online Amid Auto Sales’ Great Digital Shift
Kicking The Wheels Online Amid Auto Sales’ Great Digital Shift
August 18, 2020  |  Retail

The great digital shift has left no vertical untouched, changing the way we browse for, select and buy … pretty much everything. That includes big-ticket items...

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Goldman Sachs, General Motors And The Race To Capture Connected Car Commerce
Goldman Sachs, General Motors And The Race To Capture Connected Car Commerce
August 14, 2020  |  Digital Payments

It looks like a race is shaping up to determine the future management of General Motors’ credit card business. This week, The Wall Street Journal...

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Vroom Stock Dives As Q3 Outlook Falls Short
Vroom Stock Dives As Q3 Outlook Falls Short
August 13, 2020  |  Earnings

Vroom Inc.’s stock fell by 18 percent at the opening Thursday (Aug. 13) as the New York City-based eCommerce car company beat estimates but its...

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It’s Pedal To The Metal For Online Car Sales
It’s Pedal To The Metal For Online Car Sales
August 11, 2020  |  eCommerce

With estimates that U.S. automobile sales may fall by 22 percent to just over 13 million vehicles sold in all of 2020, the process of buying...

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Avanci Launches 5G Push After Green Light From DOJ
Avanci Launches 5G Push After Green Light From DOJ
July 29, 2020  |  Internet of Things

Avanci, which has positioned itself as the tech clearinghouse for automakers and others looking to incorporate the Internet of Things (IoT) in their products, is...

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Average Age Of US Vehicles Nears 12 Years
Average Age Of US Vehicles Nears 12 Years
July 28, 2020  |  Retail

Americans seem to be holding onto their cars for longer periods of time. Research from IHS Markit shows that the average age of “light vehicles” in...

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Volkswagen Opens B2B Cloud To Tech Partners
Volkswagen Opens B2B Cloud To Tech Partners
July 23, 2020  |  B2B Payments

To help its partners create technology links to its plants, Volkswagen has joined forces with Amazon Web Services (AWS) as well as integration partner Siemens...

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