Cars.com swings to Q3 net loss, posts higher revenue

Cars.com swings to Q3 net loss, posts higher revenue

Dealership technologies business Automobiles.com Inc. swung to a net loss in the 3rd quarter, citing increased valuations of earnout payments for its acquisitions of automotive economical engineering business CreditIQ and Accu-Trade, a service provider of motor vehicle appraisal and valuation data and logistics technology. Cars and trucks.com, of Chicago, explained Thursday that it posted a

Ally All Ears Podcast | Staying competitive with vehicle acquisition

Ally All Ears Podcast | Staying competitive with vehicle acquisition

Steve Kaputsa, Senior Vice President of Remarketing Services at Ally discusses approaches that sellers could take into consideration sourcing utilised autos and how they can get innovative with the stock. Ad: It can be time to take your dealership from to 100. From committed underwriter and account government groups to complete coaching programs, Ally has the

Toyota earnings: Price hikes loom to bolster profits

Toyota earnings: Price hikes loom to bolster profits

TOKYO – Toyota Motor Corp., slammed by increased fees, microchip shortages and slumping earnings, strategies to maximize sticker price ranges for U.S. consumers to enable soften the earnings blow. Executives warned of the looming adjustments expressing they are wanted to offset surging input prices that drove the Japanese juggernaut’s North American enterprise to a regional

Mazda finally ready to unveil new midterm plan, tweak EV strategy

Mazda finally ready to unveil new midterm plan, tweak EV strategy

TOKYO – Mazda Motor Corp., navigating a fragile change to the electric motor vehicle period amid the launch of a new line of massive crossovers, strategies to lastly unveil an updated midterm program in November to good-tune its EV approach and unveil a new “brand function” that lays out a roadmap to 2030. The Hiroshima-based

Car dealers should be careful in changing used-car market

Car dealers should be careful in changing used-car market

CHICAGO — The market place situations in which made use of autos and vehicles appreciated in selling price and marketed like hotcakes past calendar year look to be slowly dissipating. As general inflation and bigger desire fees carry on to just take a toll on consumer self-assurance, motor vehicle buyers are now far more selective

Ford aimed for moon with autonomous vehicles, found a black hole

Ford aimed for moon with autonomous vehicles, found a black hole

Aug. 16, 2016, was intended to be Mark Fields’ JFK moment. That’s when Fields announced, in unambiguous phrases, Ford Motor Co.’s moonshot. “Ford is likely to be mass developing motor vehicles with entire autonomy in five decades,” Fields mentioned. “That indicates you can find likely to be no steering wheel, you will find not going

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