Online used vehicle retailer Carvana has acquired Car360, a 360-degree photo technology, 3D computer vision, and augmented reality company, the company announced.
Read More →Lease approval rates registered 67.3% for Swapalease.com in March, which were 2% higher than the month before and signify a possible upswing in approval rates, according to the company.
Read More →The company sold 7,698 CPO vehicles through the month, representing a 2.5% year-over-year increase. One of the strongest performing vehicles for Kia was its Forte sedan, which experienced a 20.2% rise in sales.
Read More →Copart will expand its Tucson, Ariz. location, due to a growth in volume, the salvage auction specialist announced.
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Enterprise Car Sales has joined the SiriusXM Pre-Owned Program, meaning that customers who purchase a used vehicle from an Enterprise Car Sales location will be offered a three-month subscription to SiriusXM’s All Access audio package, according to a company announcement.
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Lincoln is expanding its luxury subscription pilot service in West Los Angeles by bolstering the services’ inventory with a slate of used 2017 Lincoln vehicles, according to a company announcement.
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Carvana has opened a new car vending machine in Tampa, Fla., marking the eighth vending machine location that the company has opened in the U.S., and the second in Florida, according to a company announcement.
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Customers in Hartford, Conn.; Bridgeport, Conn.; New Haven, Conn.; and Springfield, Mass. will now have access to next-day delivery from Carvana.
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Don Reese, a 30-year veteran of the auto sales business, will be replacing DriveTime’s previous CEO, Ray Fidel. He will also be appointed to the DriveTime Automotive Group and Bridgecast Acceptance boards of directors.
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The concept is fairly straight forward: a customer arrives at a Carvana Curbside, is given a personalized key card that activates doors to a room containing his or her vehicle, and can then drive off in his or her new car.
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