Carvana, an online used-car retailer, has introduced its fifth Carvana Vending Machine, this one in the Dallas suburb of Frisco, TX. Adapted from automated parking-structure technology, the machines take interactive car buying a step further...
Signs began to surface last year that the market was plateauing, with loan terms rising, incentives at record levels and inventories beginning to bulge, and none of those negative factors were reversed in Q1, says an analyst for J.D. Power.
A new dealership tool from eLEND Solutions takes information scanned in from a customer’s driver’s license, looks for red flags and gets the F&I process started while the potential buyer takes a test drive.
Infiniti President Roland Krueger says the New Zealand expansion is timed perfectly to challenge the country’s premium automotive market segment, as Asia and Oceania are among the brand’s fastest-growing regions.