automotive

CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
June 21, 2024  |  Earnings

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues...

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Cyberattack on Software Provider Stalls Out US Car Dealership Sector
Cyberattack on Software Provider Stalls Out US Car Dealership Sector
June 21, 2024  |  Cybersecurity

Software, and digital transformation more broadly, have transformed the business landscape. Nearly every modern business relies on software to run their operations, and digital technology...

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Stellantis Continues Global Rollout of Connected Car Features
Stellantis Continues Global Rollout of Connected Car Features
June 13, 2024  |  Technology

Stellantis is rolling out several software products and connected features for its vehicles around the world. The automaker, whose 14 brands include Chrysler, Fiat and...

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Gen Z Wants to Buy Cars Most — but Buys Them Least
Gen Z Wants to Buy Cars Most — but Buys Them Least
June 11, 2024  |  Retail

Young consumers are the likeliest to be saving up to buy a car, but that rarely translates to them being able to afford a new...

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Musk’s xAI Plans Spotlight Tesla’s Autonomy Challenges
Musk’s xAI Plans Spotlight Tesla’s Autonomy Challenges
June 05, 2024  |  Artificial Intelligence

For as long as cars have existed, entrepreneurs have chased the dream of autonomous vehicles. Self-driving vehicles, across commercial, personal and industrial use, have the...

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AI Explained: Computer Vision
AI Explained: Computer Vision
May 28, 2024  |  artificial intelligence

Picture this: a world where cars drive themselves, shopping is as simple as grabbing and going, and medical diagnoses are made with superhuman precision. This...

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Automakers Offer Discounts as Inventories Rise to Pre-Pandemic Levels
Automakers Offer Discounts as Inventories Rise to Pre-Pandemic Levels
May 23, 2024  |  Retail

The U.S. car market is reportedly experiencing a surge in inventory levels, prompting automakers to offer significant discounts on their vehicles for the first time...

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AI Money: Earnings Reports Show a Tech Firm Bonanza
AI Money: Earnings Reports Show a Tech Firm Bonanza
May 16, 2024  |  artificial intelligence

Tech companies are cashing in on the artificial intelligence (AI) boom, with first-quarter results showing surging demand for everything from voice assistants to cloud computing....

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Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
May 08, 2024  |  Earnings

European used car platform Auto1 is deepening its artificial intelligence (AI) focus amid record profits. The company on Wednesday (May 8) reported quarterly earnings showing...

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