In digital age, dealers feel pressured to self-promote
Automotive News· 7 days agoFranchised stores are more capable of transacting online and outside of a dealership today than in years past, given how the coronavirus pandemic accelerated the transition. Customer satisfaction ...
Forget Tesla’s Cars. The Real Money May Lie in Tesla’s Battery Business
TipRanks via Yahoo Finance· 5 days agoTesla, argued the analyst, holds a "several-year lead" over rival electric car companies around the...
Cazoo, the used-car sales portal, raises another $116M
TechCrunch· 1 year ago"It’s clear that UK consumers are ready to buy cars online in a convenient, hassle-free way," said...
Pandemic revs up race for U.S. online car sales
Reuters via Yahoo Finance· 8 months agoWithout deep pockets, many startups and others trying to join the online game will likely be left..., joint chief executive officer of Shift, which will...
Cazoo, the UK used car sales platform, raises another $311M, now valued at over $2.5B
TechCrunch· 7 months agoThe list includes L Catterton, Durable Capital Partners, The Spruce House Partnership, Novator,...
Carvana or Vroom: Which Online Car Retailer is Primed to Race Ahead?
TipRanks via Yahoo Finance· 4 months agoBenefiting from this trend are retailers like CarMax, AutoNation, Vroom and Carvana. Both Carvana...
Vroom Sinks 19% On 3Q Sales Outlook
SmarterAnalyst via Yahoo Finance· 8 months agoShares of Vroom plunged 19.5% in extended market trading on Wednesday after the online car retailer provided a disappointing 3Q outlook. Vroom& ...
More consumers are shopping online for cars. Can dealerships keep up?
Good Morning America via Yahoo News· 3 weeks agoThe rise of the internet and online shopping seemed to signal the ignoble end to the ubiquitous car...
25 Ways To Score a Good Deal on a Car Out of State
GOBankingRates via Yahoo Finance· 2 weeks agoIf the vehicle you want to own isn’t available in your area, or you think you can get a better deal elsewhere, you might consider buying a car out of...
Vroom Looks Tasty Amid Recent Tech Sector Weakness
InvestorPlace via Yahoo Finance· 7 months agoVroom is still pioneering a new era of online car buying and selling. The only thing that has changed is that macroeconomic noise and volatility pulled...