automotive

Demand Drives Up Used Car Prices In US, UK And Germany
Demand Drives Up Used Car Prices In US, UK And Germany
June 06, 2021  |  Economy

It may be time to retire the used car salesman jokes, at least for a while. Sales of used cars are strong across the United...

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Advance Auto Parts’ Net Sales Soar Amid ‘Strong Industry Backdrop’
Advance Auto Parts’ Net Sales Soar Amid ‘Strong Industry Backdrop’
June 02, 2021  |  Retail

Advance Auto Parts reported as part of its first quarter 2021 results that net sales surged by about 23 percent from the prior year, while...

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7-Eleven To Install 500 Electric Car Charge Ports In US, Canada
7-Eleven To Install 500 Electric Car Charge Ports In US, Canada
June 01, 2021  |  Retail

7-Eleven will be installing electric vehicle (EV) ports in what a press release called a furthering of “environmental ambitions.” The gas station retailer will be...

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Possible Porsche IPO Could Put Carmaker In Family Hands, Report Says
Possible Porsche IPO Could Put Carmaker In Family Hands, Report Says
May 31, 2021  |  IPO

The Porsche and Piech families, which are in control of the largest Volkswagen shareholder, are ready to take a direct stake in Porsche AG, U.S....

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Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
May 28, 2021  |  Investments

Motor vehicle refinance FinTech MotoRefi raised $45 million in a Series B funding round led by Goldman Sachs Asset Management, the company said in a...

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New Hyundai EV Lets Drivers Pay On The Go
New Hyundai EV Lets Drivers Pay On The Go
May 25, 2021  |  Commerce Connected

Hyundai has put a number of features into its IONIQ 5 electric vehicle, including an in-car payment system. The system will allow drivers to access...

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AutoZone Leans Into Commercial Customers As Consumers Head Back To Work
AutoZone Leans Into Commercial Customers As Consumers Head Back To Work
May 25, 2021  |  Retail

A surge in sales to commercial customers combined with falling COVID-related costs drove the nation’s largest auto parts retailer’s results higher, as AutoZone on Tuesday...

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California OKs Pony.Ai Driverless Vehicle Permit For 3 Cities
California OKs Pony.Ai Driverless Vehicle Permit For 3 Cities
May 23, 2021  |  Artificial Intelligence

The California Department of Motor Vehicles has issued a permit for Pony.ai to test driverless vehicles in three cities, a press release says. The driverless...

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UK’s Auto Data Startup Wejo Eyes SPAC Deal
UK’s Auto Data Startup Wejo Eyes SPAC Deal
May 23, 2021  |  IPO

Automotive data startup Wejo, which is backed by General Motors (GM), could be going public soon through Virtuoso Acquisition Corp., a special purpose acquisition company...

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