automotive

WEX: Fuel Transactions Down, But Serviced Vehicles Rise To 15.8 Million
WEX: Fuel Transactions Down, But Serviced Vehicles Rise To 15.8 Million
April 29, 2021  |  Earnings

WEX reported as part of financial results that its average number of vehicles serviced increased 4 percent from the first quarter of 2020 to approximately...

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O’Reilly Automotive Posts Record Q1 Sales Growth 
O’Reilly Automotive Posts Record Q1 Sales Growth 
April 29, 2021  |  Retail

O’Reilly Automotive, one of the country’s largest auto parts retailers, said demand led to the best same-store sales growth in the company’s 64-year history. Despite...

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US Auto Sales To Hit Record High For April
US Auto Sales To Hit Record High For April
April 29, 2021  |  Retail

Auto retail sales for April are slated to go higher than they’ve ever been for that month in the U.S., according to a report from...

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Lyft To Sell Self-Driving Division To Woven Planet
Lyft To Sell Self-Driving Division To Woven Planet
April 26, 2021  |  Partnerships / Acquisitions

Lyft is selling its self-driving division, Level 5, to Woven Planet Holdings, according to a press release. The deal is expected to close in the...

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Insurance Apps And Actuarial Musings On Display In New PYMNTS Provider Ranking
Insurance Apps And Actuarial Musings On Display In New PYMNTS Provider Ranking
April 26, 2021  |  Mobile Applications

Are you adequately covered? Insurance-wise, that is? Can’t be too careful, with pandemics, happenstance and driverless vehicles to protect oneself from, financially at least. The...

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Genuine Parts Reports Strong Q1 Sales Amid Surge In Auto-Related Spending
Genuine Parts Reports Strong Q1 Sales Amid Surge In Auto-Related Spending
April 22, 2021  |  Retail

The parent company of over 10,000 NAPA Auto Parts stores reported strong sales for the first quarter that ended on March 31. Atlanta-based Genuine Parts...

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Tight Supply, Recovery Spike Used-Car Prices
Tight Supply, Recovery Spike Used-Car Prices
April 22, 2021  |  Retail

Used vehicle prices were up over 50 percent since last year in April so far, a report from the Manheim Index says. Manheim Market Report...

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AutoNation Delivers Record Q1 Profit As Car Prices And Digital Sales Surge
AutoNation Delivers Record Q1 Profit As Car Prices And Digital Sales Surge
April 20, 2021  |  Retail

The country’s largest auto retailer said Tuesday (April 20) that rising new and used vehicle prices as well as its lucrative parts and service and...

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Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers
Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers
April 20, 2021  |  Retail

Amid formidable demand from DIY shoppers and professional customers, Advance Auto Parts said it anticipates comparable-store sales growth to be between 22 percent and 24...

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