Auto Insurer Digital Points Are Now Primary Driver of New Customers, J.D. Power Finds
May 21, 2024
J.D. Power 2024 U.S. Insurance Digital Experience Study,SM released today, a strong majority of auto insurance websites and apps are doing a good job delivering on foundational functional capabilities, but far fewer are delivering the type of value-added services that set them apart from the pack. ... Continue reading
The Mike Brown / Amen Motorcycle Works Auction, Greeneville, TN
May 20, 2024
On May 20, 2024, Iron Horse Auction Co., Inc. of Rockingham, NC announced an exclusive online auction event featuring a wide array of Mike Brown custom built, one-of-a-kind motorcycles, custom vehicle builds in progress and shop equipment. The auction will be held online only from May 23rd, starting at 8 AM, through Ma ... Continue reading
Auto Dealer Asbury Automotive Group Increases Stock Repurchase Authorization to $400 Million
May 16, 2024
DULUTH, Ga.--Asbury Automotive Group, Inc. (the “Company”), one of the largest automotive retail and service companies in the U.S., today announced its board of directors approved an increase in the authorization of the share repurchase plan for the Company, which expands the remaining availability to $400 million. ... Continue reading
May 12, 2024
Over the past 27 years millions of vehicle shoppers have used The Auto Channel ... Continue reading
Online Used Car Dealer Vroom Loses 67 MIllion In First Quarter 2024
May 12, 2024
Adopted new reporting segments to align with continuing operations at United Auto Credit (UACC) and CarStory Tom Shortt, the Company’s Chief Executive Officer, said “As we previously announced, our ecommerce wind-down was substantially completed during the first quarter of 2024. ... Continue reading
Cars.com Reports First Quarter 2024 Results
May 9, 2024
Delivered Strong Revenue Growth Including 13% Year-Over-Year OEM and National Growth Achieved 5% ARPD Year-Over-Year Growth Generated $33MM of Year-To-Date Cash Flows From Operating Activities Amended and Extended Credit Agreement into a $350MM All-Revolver Structure CHICAGO, May 9, 2024 -- Cars.com Inc. (d/b/a "Cars C ... Continue reading
Nutson's Weekly Automotive News Wrap-up April 28-May 4, 2024
May 5, 2024
Here are Larry's top story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive news nuggets. ... Continue reading
Buying a Used Car From a Dealer
Apr 19, 2024
Whether you’re 16 or 60, buying a used car can be an exciting experience. But it can also be a big financial commitment, with some industry reports estimating that the average price of a used car is close to $28,000. ... Continue reading
Apr 3, 2024
New Cars.com Utility Puts in Data from Over Two Million Vehicle Listings in the Hands of Consumers and Allows Them to Easily Track Their Vehicle's Value Over Time1 Your Garage Launches Alongside Dynamic 30-Second Ad and Engaging Social, Radio Content CHICAGO, April 2, 2024 -- Car-shopping marketplace Cars.comⓇ unveil ... Continue reading
Nutson's Weekly Automotive News Wrap-up March 17-23, 2024
Mar 24, 2024
Here are Larry's story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive news nuggets. ... Continue reading
What Rental Companies' EV Selloff Says About the Road Ahead for Electrification
Mar 13, 2024
SAN FRANCISCO, March 13, 2024 -- The recent announcement by Hertz to sell off 20,000 electric vehicles, about a third of its EV rental fleet, has sparked a significant conversation about the current state of electric vehicle (EV) adoption in the rental market. What's behind this backtracking? Continue Reading What Rent ... Continue reading
Nutson's Weekly Automotive News Wrap-up February 4-10, 2024
Feb 11, 2024
Here are Larry's story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive news nuggets. ... Continue reading
Vroom! Quits Used Vehicle E-Commerce Business - Not a Surprise To TACH
Jan 22, 2024
HOUSTON--Vroom, Inc. (Vroom, or the Company), a leading ecommerce platform for buying and selling used vehicles, today announced that it is discontinuing its ecommerce operations and winding down its used vehicle dealership business in order to preserve liquidity and enable the Company to maximize stakeholder value thr ... Continue reading
Jan 19, 2024
TMC President Akio Toyoda. "Over the next 100 years, there is no guarantee that automobile manufacturers will continue to play leading roles in mobility. A crucial battle has begun―not one about winning or losing, but one about surviving or dying. ... Continue reading
Types of Car Scratches and How to Fix Them
Jan 9, 2024
One of the perennial challenges that car enthusiasts face is the inevitable occurrence of scratches, ranging from surface blemishes to more profound marks that breach the layers of paint. ... Continue reading
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