Auto Dealers news and trends

J.D. Power Debuts Ordering Tool to Reduce Online Car-Buying Friction
eCommerce // January 24, 2023

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) that its Online Ordering offering is its first entry into the “Modern Retailing as a Service (MRaaS)” space, designed to...

NEW DATA: 79 Pct Of Lenders Prioritize Digital ID Security Ahead Of Acquiring New Customers
Digital Identity // June 07, 2021

The increased use of digital services within the past year has come with an increased risk of security issues. Cybercrime is worsening as hackers plan attacks on a massive scale to steal usernames and passwords, with 36 billion records on social sites breached in 2020...

Fewer Cars, Bigger Profits: Auto Makers Look to Stay Lean Post-Pandemic
Retail // November 23, 2020

In yet another pandemic-related shift to normal life, the way people buy cars is changing in America, according to The Wall Street Journal. Due to factory closures from the spring, dealers don’t have the same stock as they once did. And because of that, many...

Today In Payments: PayPal, Facebook Take Stake In Gojek; Aussie Central Bank May Lower ePayment...
News // June 03, 2020

In today’s top news, PayPal and Facebook are to take stakes in Indonesia’s Gojek, and the Reserve Bank of Australia is considering cutting costs of electronic payments to encourage eBanking. Also, Wells Fargo will no longer offer loans to independent auto dealers. PayPal, Facebook Take...

Quick Reads
Experian Launches Fraud Prevention Tool for Car Dealers

January 31, 2024
Car buying is increasingly moving online, and scammers who target car buyers are following suit. With that in mind, Experian has debuted Fraud Protect, a tool to help auto dealers detect and prevent fraud attempts against their customers. “As fraudsters become more sophisticated and opportunistic, automotive dealers need to leverage the latest technology and advanced analytics to mitigate potential […]

J.D. Power Debuts Ordering Tool to Reduce Online Car-Buying Friction

January 24, 2023
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) that its Online Ordering offering...

Fewer Cars, Bigger Profits: Auto Makers Look to Stay Lean Post-Pandemic

November 23, 2020
In yet another pandemic-related shift to normal life, the way people buy cars is changing in America, according to The Wall Street Journal. Due to factory closures from the spring,...