RETAIL TECHNOLOGY
Coverage of the digital transformation around selling a vehicle, from the use of software tools and social media to reach buyers to creating a showroom-free online sales experience.
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The retailer said its store leases, inventory and related assets in Richmond, Va.; Charlottesville, Va.; and Tampa, Fla., will "be assumed by a local dealership group." It did not disclose the name of the group.
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The automaker forms Audi RED in partnership with digital experience design shop BIMM.
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Though layoffs occurred within its auto businesses, Upstart doesn't expect its auto digital retail and underwriting operations to experience major impacts.
Amid the convention flash and dazzle, auto retail tech companies pledged to solve many systemic problems.
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