cars

CarMax: Digital Capabilities Support Over 80% of Used Car Sales
CarMax: Digital Capabilities Support Over 80% of Used Car Sales
April 10, 2025  |  Earnings

CarMax’s digital capabilities now support over 80% of its used car sales, executives said Thursday (April 10) during a quarterly earnings call. The user car...

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Tariffs Could Reportedly Cost US Carmakers $10K per Vehicle
Tariffs Could Reportedly Cost US Carmakers $10K per Vehicle
March 30, 2025  |  Politics

This week will bring new 25% tariffs on auto imports, a change that could shake the car industry. As Bloomberg News reported Saturday (March 29),...

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Stellantis Debuts System to Handle ‘Routine Driving Tasks’ for Motorists
Stellantis Debuts System to Handle ‘Routine Driving Tasks’ for Motorists
February 20, 2025  |  Technology

Carmaker Stellantis wants you to be able to watch movies when behind the wheel. To that end, the company on Thursday (Feb. 20) announced the launch of STLA Autodrive,...

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DOGE Reportedly Gets Access to Government’s Accounting Hub
DOGE Reportedly Gets Access to Government’s Accounting Hub
February 09, 2025  |  Politics

Elon Musk is reportedly sending his Department of Government Efficiency (DOGE) to access the federal government’s central accounting system. DOGE will head to Parkersburg, West...

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Tesla Points to Energy, Robotics Businesses as EV Sales Plummet
Tesla Points to Energy, Robotics Businesses as EV Sales Plummet
January 29, 2025  |  Earnings

Tesla is at a crossroads, one that the electric vehicle (EV) maker with autonomy dreams may not be able to “full self-drive” (FSD) its way...

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Carwow Taps Airwallex to Streamline Car Marketplace Payments
Carwow Taps Airwallex to Streamline Car Marketplace Payments
January 09, 2025  |  Partnerships

Payments platform Airwallex is joining forces with British online vehicle marketplace Carwow. The collaboration, announced Thursday (Jan. 9), allows Carwow to use Airwallex’s services to...

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Carvana Renews Ties With Ally Financial After Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025  |  eCommerce

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days...

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Car Dealers Offer Promotions as Vehicle Supply Climbs
Car Dealers Offer Promotions as Vehicle Supply Climbs
December 29, 2024  |  Retail

The age of COVID-initiated supply shortages at car dealers is over. And that’s placed pressure on carmakers and dealers to price their unsold wares more...

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Will Auto Sales Define the Next Amazon-Walmart Contest?
Will Auto Sales Define the Next Amazon-Walmart Contest?
December 19, 2024  |  Walmart Amazon whole paycheck

It seems as if consumers can buy just about anything from Amazon. Now, you can add cars to that list. Can Amazon Autos become a...

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