car sales

Tesla To Grow Retail Presence In US, Abroad 
Tesla To Grow Retail Presence In US, Abroad 
August 04, 2020  |  Retail

More than a year after Tesla Inc. CEO Elon Musk raised the possibility of shuttering its stores and selling only online, the California electric vehicle...

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Global Car Makers Skid Deep Into Red In Second Quarter
Global Car Makers Skid Deep Into Red In Second Quarter
July 30, 2020  |  Earnings

The worldwide COVID-19 economic crash has sent major automakers’ revenues and profits plunging over a cliff. Nonetheless, some see signs of an impending recovery. For...

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Average Age Of US Vehicles Nears 12 Years
Average Age Of US Vehicles Nears 12 Years
July 28, 2020  |  Retail

Americans seem to be holding onto their cars for longer periods of time. Research from IHS Markit shows that the average age of “light vehicles” in...

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Jaguar Land Rover Moves Forward With Subscription Program
Jaguar Land Rover Moves Forward With Subscription Program
July 07, 2020  |  Subscription Commerce

Jaguar Land Rover is dipping its paw into the subscription automobile leasing pool, just as peer Mercedes is climbing out after a trial run, Autoweek...

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Car Talk: Shift Announces Plans To Go Public
Car Talk: Shift Announces Plans To Go Public
June 29, 2020  |  Retail

The automotive evolution to Digital 3.0 revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in...

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Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
June 29, 2020  |  Retail

Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Power...

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Are Digital Auto Sales The Shape Of The Future Or Just A Temporary Detour?
Are Digital Auto Sales The Shape Of The Future Or Just A Temporary Detour?
June 15, 2020  |  Retail

As the global pandemic closed U.S. businesses nationwide, car dealerships found themselves facing a crisis because consumers could no longer stop by the showroom for...

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Online Auto Rides Unlikely Wave Of Success
Online Auto Rides Unlikely Wave Of Success
June 10, 2020  |  Retail

With Vroom motoring its way to a high-valuation IPO, it’s a good time to take stock of how a digital model for buying cars survived...

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Vroom’s Shares Surge Following IPO
Vroom’s Shares Surge Following IPO
June 09, 2020  |  IPO

Online auto retailer Vroom Inc. saw its shares more than double on Tuesday (June 9) on their first day of trading following the company’s initial public...

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