Carscoops

JANUARY 23, 2024

“As we previously disclosed, we intended to raise additional capital to fund our operations and support the extension of our vehicle floorplan facility beyond its current expiration date of March 31, 2024,” said Thomas Shortt, Vroom’s CEO. Vroom’s fall from grace follows the decline of Shift Technologies Inc.,

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Full Path

JULY 30, 2024

In today’s automotive landscape, consumers and dealerships are caught in a complex web of economic pressures. Explore 2024 automotive market and leasing trends, with strategies for dealerships to navigate economic pressures and boost profitability. Yet, beneath these positive indicators lies a deeper issue. record set in Q4 2023.

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Floorplan Down Payment Dealerships Insurance 52

Drive.com

JULY 28, 2024

“They don’t start counting until the middle of next year, so all that means is you’re incentivised – if you can get supply – to bring all your bad actors in early on, fill up the pipeline and then hang on and make the changes over time if you’re able to get new technologies and new products.

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Floorplan Manufacturing Networking Finance 76

Auto Remarketing

OCTOBER 6, 2023

I was listening to a panel discussion with some very esteemed automotive economists recently, and in discussing the prospects of electric vehicle sales growth in the United States, a shocking, though true, fact was agreed to by all. automotive retailers. A long time ago, an automotive retailer sold vehicles. First, the research.

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