Bolstering its service offerings at a time when inventories of new and used vehicles are tight, AutoNation is focusing more on aftermarket tune-ups and tightening...
Sonic Automotive said last year’s investment in omnichannel used car stores has paid off. The auto retailer’s latest earnings report showed that its EchoPark preowned...
Luxury brands are thriving in the automotive world as they are in other retail categories. Automotive luxury brands accounted for a record 19.6% share of...
O’Reilly Automotive continues to enjoy increased sales — and hopes to expand — amid a car-buying downturn. The auto parts retailer announced in an earnings...
Of its many disruptions, the pandemic has driven car pricing and buying off a cliff, making room for innovators to create a digital shift. While...
Group 1 Automotive’s latest earnings results show consumers are still buying new and used cars but are getting better deals. The automotive retailer with 204...
J.D. Power has unveiled an ordering tool to prevent cart abandonment during car shopping. The consumer insights and analytics firm said in a news release Tuesday (Jan. 24)...
Impel has raised $104 million to grow its digital engagement software for automotive manufacturers, dealers and third-party marketplaces. The company will use the new capital to...
AutoFi and Santander Consumer USA plan to launch a finance-based auto shopping marketplace this spring. The online, direct-to-consumer (D2C) marketplace will use a soft credit...