automotive

Trade X to Add Mexico to Cross-Border Automotive Trading Platform

Trade X to Add Mexico to Cross-Border Automotive Trading Platform
Trade X to Add Mexico to Cross-Border Automotive Trading Platform
November 09, 2022  |  B2B Payments

Cross-border automotive trading platform Trade X has announced it will open a trade route in Mexico and allow that country’s dealers and fleet owners to...

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CarGurus Slammed By Falling Used Car Demand and Prices
CarGurus Slammed By Falling Used Car Demand and Prices
November 08, 2022  |  Earnings

Drops in both demand and unit prices in the used car market contributed to unexpected weakness in CarGurus’ latest results, executives said Tuesday (Nov. 8)...

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Used Vehicle Platform Vroom Targets Profitability Over Growth
Used Vehicle Platform Vroom Targets Profitability Over Growth
November 08, 2022  |  eCommerce

Used vehicle eCommerce platform Vroom is making progress on its goal of achieving profitability and liquidity ahead of growth, company executives said Tuesday (Nov. 8)...

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Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022  |  eCommerce

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Google Deepens Connected Car Partnership with Renault
Google Deepens Connected Car Partnership with Renault
November 08, 2022  |  Google

Google and Renault are expanding on their partnership, allowing the automaker to offer over-the-air software updates to its vehicles amid a boom in the connected...

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Connected Car Fleets Become New B2B and B2C Revenue Drivers
Connected Car Fleets Become New B2B and B2C Revenue Drivers
October 31, 2022  |  B2B Payments

As the number of connected vehicles on the road continues to grow, developers are producing tools that serve a variety of use cases for consumers,...

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New Car Prices Downshift After Summer Record
New Car Prices Downshift After Summer Record
October 31, 2022  |  Economy

Car buyers could begin to feel less pain when paying for a new vehicle following a years-long spike in the price of new automobiles. Get...

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UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
October 27, 2022  |  Earnings

Following last month’s announcement that it is pulling out of the mainland European market to focus its attentions on the United Kingdom, British online auto...

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