Stellantis is rolling out several software products and connected features for its vehicles around the world. The automaker, whose 14 brands include Chrysler, Fiat and Peugeot, aims to enhance the mobility experience of its customers and boost its revenue from software and connected services, Stellantis...
The U.S. car market is reportedly experiencing a surge in inventory levels, prompting automakers to offer significant discounts on their vehicles for the first time in years. This trend, which includes both electric vehicles and non-electric vehicles, has raised concerns about overproduction and the potential...
At auto dealerships around the country, electric cars have reportedly become a hard sell. Consumers are worried about the price, range and reliability of these vehicles, The Wall Street Journal reported Sunday (Dec. 10), citing interviews with dealers. Among them is Paul LaRochelle, a vice president...
Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. As The Financial Times reported Sunday (April 2), data from Cox Automotive shows the average interest rate on a new car or truck loan is at 8.95%, compared to...
July 05, 2024
As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the right platform for its growth. First, the sales update. As the major car companies report their second-quarter 2024 sales, the results for overall electric vehicle […]
July 12, 2017
The average car generates gigabytes of data already — between the engine, infotainment and other computerized systems. And that is only today — before the addition of things like cameras, in-car commerce...
June 13, 2024
Stellantis is rolling out several software products and connected features for its vehicles around the world. The automaker, whose 14 brands include Chrysler, Fiat and Peugeot, aims to enhance the mobility experience of its customers and boost its revenue from software and connected services, Stellantis said in a Thursday (June 13) press release. “In a […]
May 23, 2024
The U.S. car market is reportedly experiencing a surge in inventory levels, prompting automakers to offer significant discounts on their vehicles for the first time in years. This trend, which...
December 10, 2023
At auto dealerships around the country, electric cars have reportedly become a hard sell. Consumers are worried about the price, range and reliability of these vehicles, The Wall Street Journal reported...
April 02, 2023
Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. As The Financial Times reported Sunday (April 2), data from Cox Automotive shows the...