automotive

AutoNation Continues To Ride Heightened Demand For Personal Vehicles
AutoNation Continues To Ride Heightened Demand For Personal Vehicles
July 19, 2021  |  Retail

Automotive retailer AutoNation continued riding consumers’ heightened demand for both new and used vehicles in the second quarter, marking its fifth consecutive quarterly record for...

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Tesla Mobile App Update Includes $199 Monthly Self-Driving Subscription
Tesla Mobile App Update Includes $199 Monthly Self-Driving Subscription
July 18, 2021  |  Subscription Commerce

Tesla plans on offering a new subscription version of its Full Self-Driving package with several features for self-driving cars including navigating on autopilot, autopark and...

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Toyota, Amazon, Uber Make Big Moves In Connected Car Space
Toyota, Amazon, Uber Make Big Moves In Connected Car Space
July 16, 2021  |  Commerce Connected

Repair notices, service call scheduling and digital payments are just three ways cars can be more autonomous and connected to commerce. The burgeoning connected car...

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Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
July 15, 2021  |  Loans

Auto sales are on the rise — and with those gains, it stands to reason that lending to help finance those purchases would also be...

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Toyota’s Self-Driving Unit Acquires US Mapping Firm Carmera
Toyota’s Self-Driving Unit Acquires US Mapping Firm Carmera
July 14, 2021  |  Partnerships / Acquisitions

Toyota’s self-driving unit, Woven Planet, will now have the benefit of more software mapping through its acquisition of U.S. mapping startup Carmera, the Financial Times...

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Wejo Launches New Connected Vehicle Data Project With Microsoft
Wejo Launches New Connected Vehicle Data Project With Microsoft
June 29, 2021  |  Commerce Connected

Automotive data startup Wejo announced it has joined forces with Microsoft, Palantir and Sompo Holdings on a new connected vehicle data project. Wejo said in...

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Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
June 29, 2021  |  Retail

In the post-pandemic economy, prices of used cars have been rising. In part that’s due to commuters fearful of COVID-19 looking to stay away from...

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Mister Car Wash Goes Public With $15-Per-Share IPO
Mister Car Wash Goes Public With $15-Per-Share IPO
June 25, 2021  |  IPO

Mister Car Wash announced the pricing of its initial public offering (IPO) on Friday (June 25), with the nationwide chain of car washes offering 37.5...

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Self-Driving Tech Company Pony.ai Considers Going Public
Self-Driving Tech Company Pony.ai Considers Going Public
June 25, 2021  |  IPO

Pony.ai, a self-driving tech firm backed by Toyota, is mulling going public to help finance its goal of commercializing driverless ride-hailing, Reuters reported on Friday...

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