car sales

Toyota Backs Electric Vehicle Endeavors With $35B
Toyota Backs Electric Vehicle Endeavors With $35B
December 14, 2021  |  Transportation

Toyota, one of the world’s biggest carmakers, is planning to invest $35 billion to create a full lineup of 30 battery-powered electric vehicles by 2030...

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Car Loans Marketplace Advances Automotive Commerce Across Africa
Car Loans Marketplace Advances Automotive Commerce Across Africa
December 08, 2021  |  Loans

Leading auto loan services platform Autochek Africa has announced the launch of a dedicated brand-new cars section on its website and mobile app, allowing customers in...

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Car OEMs Use Subscription Services to Boost Resale Value, Drive Personalization
Car OEMs Use Subscription Services to Boost Resale Value, Drive Personalization
December 08, 2021  |  Subscriptions

With the Tuesday (Dec. 7) announcement of its software strategy through 2030, Stellantis followed other automakers in outlining plans that will transition them from being...

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Balloon Payments Making a Comeback in Auto Sector as Car Prices Keep Accelerating
Balloon Payments Making a Comeback in Auto Sector as Car Prices Keep Accelerating
December 07, 2021  |  Loans

For all the trouble balloon payments caused in the housing crash of 2008, used properly, such loan terms can be a viable option for lowering...

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Car Apps Add Vehicle Financing to Acquire, Retain Customers
Car Apps Add Vehicle Financing to Acquire, Retain Customers
December 06, 2021  |  Consumer Payments

It’s been a turbulent 18 months for car owners. Since March 2020, there have been huge swings in the number of miles driven, rapid inflation...

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Automakers Use Augmented Reality to Engage Car Shoppers, Sales Staff
Automakers Use Augmented Reality to Engage Car Shoppers, Sales Staff
December 02, 2021  |  Innovation

Augmented reality (AR) is being used by automakers to give potential customers a chance to explore their vehicles as if they were in a showroom...

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UK’s Cazoo Launches in France and Germany, Intensifies Competition in Europe’s Used Car Market
UK’s Cazoo Launches in France and Germany, Intensifies Competition in Europe’s Used Car Market
December 01, 2021  |  Retail

Cazoo, one of Europe’s leading online car retailers, announced on Wednesday (Dec. 1) that it has launched its used car marketplace in both France and...

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Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
November 04, 2021  |  Partnerships / Acquisitions

Automotive marketplace platform Cars.com (CARS) announced on Thursday (Nov. 4) that it has signed a definitive agreement to acquire automotive FinTech platform CreditIQ.  This move...

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Digital Tools Are Still the Driving Competitive Advantage in Auto Sales
Digital Tools Are Still the Driving Competitive Advantage in Auto Sales
October 21, 2021  |  Earnings

AutoNation credits its digital tools with both driving down costs and increasing opportunities in the business of selling new and used cars. The nation’s largest...

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