car sales

Sonic Automotive Opens EchoPark Dealership In Alabama
Sonic Automotive Opens EchoPark Dealership In Alabama
April 12, 2021  |  Retail

Sonic Automotive, Inc. has grown its network of EchoPark pre-owned vehicle stores with the opening of a new location in Birmingham, Alabama, according to a...

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US Car Sales Shift Into High Gear In Q1
US Car Sales Shift Into High Gear In Q1
March 31, 2021  |  Retail

The car buying craze is on. According to recent reports, consumers are snapping up new vehicles at pre-pandemic levels, as a  massive case of FOMO...

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Carvana Invests $500 Million In New Facilities And Staff
Carvana Invests $500 Million In New Facilities And Staff
March 17, 2021  |  Business

Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era...

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Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
March 16, 2021  |  eCommerce

There are a lot of things U.S. consumers associate with the car buying experience. For example, a 2020 report from the Federal Trade Commission suggested...

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Monthly New Car Loan Payments Hit Record High Of Nearly $600
Monthly New Car Loan Payments Hit Record High Of Nearly $600
March 04, 2021  |  Loans

Loan payments for new cars escalated to record highs, closing in on $600 per month, CNBC reported on Thursday (March 4), citing data from the...

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Driving Trust In The Cross-Border B2B Used Vehicle Trade
Driving Trust In The Cross-Border B2B Used Vehicle Trade
March 02, 2021  |  B2B Payments

With the rise of eCommerce elevating shoppers’ standards to new heights, digitization has the potential to make even the most notoriously “un-fun” shopping experience a...

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Nissan Taps CarSaver To Support Online Car Buying Platform
Nissan Taps CarSaver To Support Online Car Buying Platform
February 08, 2021  |  Retail

Nissan has chosen automotive eCommerce technology provider CarSaver to fuel the new Nissan@Home platform. The automaker chose CarSaver’s online shopping system to support parts of...

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CarLotz Opens Hubs Near Seattle And Orlando
CarLotz Opens Hubs Near Seattle And Orlando
February 02, 2021  |  Retail

Consignment-to-retail pre-owned vehicle marketplace CarLotz said on Tuesday (Feb. 2) that it has opened centers in the Orlando, Florida and Seattle, Washington areas, according to...

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Lexus, Toyota Take Control Of Digital Buying Platforms Amid Pandemic
Lexus, Toyota Take Control Of Digital Buying Platforms Amid Pandemic
February 01, 2021  |  Retail

Automotive brands are taking control of digital buying platforms by unveiling new experiences for the leasing, financing or purchasing of new vehicles amid the pandemic....

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