Tag: cars
Leading digital dealer-to-dealer auction marketplace expands inventory access in U.S.
Burlington, VT – EBlock enables dealers to buy and sell inventory in less time through its dealer-to-dealer digital auction marketplace that captures the energy...
KAR Global sells ADESA auction business to Carvana in $2.2B deal
On Thursday, KAR Global agreed to terms of a deal that sees all ADESA auction operations and businesses in the US transfer to Carvana....
Tesla surpasses Q4 projections despite obstacles
Tesla is continuing to maintain its ownership of the electric vehicle (EV) industry, as a report this week indicated the automaker had delivered 308,600...
2021: Auto industry stories that made headlines
As always, this year has been an interesting one as the auto industry has continued to struggle with shortages and delays, but there have...
As more Americans choose EVs, price and range continue to hold...
ATLANTA, Nov. 16, 2021 – Sales of battery-powered electric vehicles (EVs) in the United States are on track to set an all-time record in 2021,...
Sonic Automotive continues expansion of its franchised dealership network with the...
CHARLOTTE, N.C. – November 9, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive...
CARS acquires CreditIQ Automotive Fintech Platform, enabling instant financing for consumers,...
Transaction Highlights:
Advances CARS’ growth strategy and expands TAM into the multi-billion dollar Auto Finance segment, which is rapidly growing as online car buying...
Jenell Ross to join CARS Board of Directors
Cars.com has announced that Jenell Ross will join Jill Greenthal and Jerri Devard on its 11-person board of directors. Ross has 28 years of...
Oil Prices Expected to Rise to $60 in 2021 – What...
After hitting an all-time low earlier in 2020, crude oil prices are expected to rise to more normal levels in the first half of...
‘I’m Never Going to Own a Car Again’ NYC Mayor de...
“Cars are the past, the future is going to be mass transit, biking, walking…I’m never going to own a car again, I can tell...
