car sales

Vroom Rolls Out ‘Last-Mile’ Concierge Service in Houston
Vroom Rolls Out ‘Last-Mile’ Concierge Service in Houston
October 20, 2021  |  Delivery

Online used car buying and selling platform Vroom, Inc. has opened a new Houston hub to allow the retailer to inspect, detail and place temporary...

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Acquisitions Fuel Growth Across Europe’s Used Vehicle Market
Acquisitions Fuel Growth Across Europe’s Used Vehicle Market
October 20, 2021  |  Partnerships / Acquisitions

The used vehicle market is booming as competitors fight for a piece of the pie, valued at an estimated £500 billion (about $689 billion USD)...

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Blockchain and Smart Contracts Put Germany’s Auto Dealers on Financing Fast Track
Blockchain and Smart Contracts Put Germany’s Auto Dealers on Financing Fast Track
October 20, 2021  |  Blockchain

As the mobility sector continues its digital shift with a variety of vehicle sales platforms expanding capabilities — particularly into financing — the complexities of...

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Chip Shortage Forces Toyota to Scale Back Production
Chip Shortage Forces Toyota to Scale Back Production
October 15, 2021  |  Retail

Toyota Motor Corp. on Friday (Oct. 15) announced scheduled shutdowns of its Japan production plants in November from one to five days, blaming the ongoing...

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Today in Retail: Amazon Adds New Gifting Tool; Chip Shortage Drags Down Auto Sales
Today in Retail: Amazon Adds New Gifting Tool; Chip Shortage Drags Down Auto Sales
October 04, 2021  |  Retail

In today’s top retail news, Amazon is making it easier for shoppers to give gifts without knowing the recipient’s address, and the months-long semiconductor chip...

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Semiconductor Chip Shortage Limits Auto Sales in Q3
Semiconductor Chip Shortage Limits Auto Sales in Q3
October 03, 2021  |  Retail

New vehicle sales dropped in the third quarter due to ongoing supply chain issues and a shortage of semiconductor chips, CNN Business reported. Compared to...

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Auto Tech Firm Keyloop Snaps up SaaS FISC to Optimize New Car Sales
Auto Tech Firm Keyloop Snaps up SaaS FISC to Optimize New Car Sales
September 29, 2021  |  Partnerships / Acquisitions

Motor vehicle technology firm Keyloop is finalizing a deal to acquire the software-as-a-service (SaaS) company FISC to drive new car sale optimization for dealers, financiers...

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UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
September 28, 2021  |  Earnings

Cazoo Holdings, a U.K.-based online seller of used cars, announced strong performance for its first-half 2021 financial results on Tuesday (Sept. 28), registering a 521%...

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Volkswagen Seeks Collaborations With Carmakers on Software
Volkswagen Seeks Collaborations With Carmakers on Software
September 10, 2021  |  Partnerships / Acquisitions

Volkswagen (VW) expressed interest in partnering with other carmakers to share platforms and develop software, VW CEO Herbert Diess told the German news website Der...

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