automotive

New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
September 06, 2022  |  Economy

Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2...

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Solera, DigniFi Team to Offer Customers Vehicle Repair Financing
Solera, DigniFi Team to Offer Customers Vehicle Repair Financing
September 06, 2022  |  Partnerships

Vehicle lifecycle management company Solera has launched a partnership with DigniFi, a FinTech platform for the auto industry. The tie-up will see Solera offer access...

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Cross-Border B2B Car Dealer TRADE X Expands to Dominican Republic
Cross-Border B2B Car Dealer TRADE X Expands to Dominican Republic
September 05, 2022  |  B2B Payments

Cross-border auto trading platform TRADE X has announced that it will be rolling out in the Dominican Republic. Dealers and fleet owners there will now...

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Vbank, Autochek Partner to Offer Quicker Auto Loans in Nigeria
Vbank, Autochek Partner to Offer Quicker Auto Loans in Nigeria
September 02, 2022  |  Loans

Digital bank Vbank and automotive technology company Autochek have partnered to provide quicker and easier auto loans to customers in Nigeria. With their new loan...

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Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
August 29, 2022  |  Loans

Irish FinTech company FixxFi has launched an embedded finance solution for the auto and home repair industries, the company announced in a news release Monday...

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Today in the Connected Economy: Walmart Wraps EV Delivery Pilot
Today in the Connected Economy: Walmart Wraps EV Delivery Pilot
August 23, 2022  |  Connected Economy

Today in the connected economy, Walmart has concluded its pilot delivery program using vans from electric vehicle startup Canoo. Plus, BNPL firm Klarna is teaming...

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Gatik, Cummins to Integrate Technologies on Autonomous Delivery Trucks
Gatik, Cummins to Integrate Technologies on Autonomous Delivery Trucks
August 23, 2022  |  Transportation

Gatik and Cummins will collaborate to integrate Gatik’s autonomous driving system with Cummins’ advanced powertrain solution, working to improve the performance, safety and fuel efficiency...

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Lease End CEO Says End of Auto Lease Doesn’t Mean End of Road for Drivers
Lease End CEO Says End of Auto Lease Doesn’t Mean End of Road for Drivers
August 22, 2022  |  Transportation

Few assets are as volatile as automobiles — they depreciate the minute you drive them off the lot. But then again, supply chain snarls have...

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Car Washes: The ‘Affordable Luxury’ Subscription Consumers Are Keeping
Car Washes: The ‘Affordable Luxury’ Subscription Consumers Are Keeping
August 12, 2022  |  Retail

At a time of soaring inflation and rising interest rates, consumers are not cutting back on car wash subscriptions. At Mister Car Wash, the number...

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