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GM’s Electric Vehicle Makeover Reverberates Far Beyond Detroit

PYMNTS

While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will take along for the ride scores of ancillary businesses that keep America’s love affair with the automobile rolling.

Detroit 256
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Vroom eCommerce Sales Platform Raises $254M

PYMNTS

Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Durable Capital Partners led the round, and T.

Detroit 131
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While Car Sales Decline, Prices Are Higher Than Ever

PYMNTS

The trajectory is similar to that of the housing market, in which the low interest rates and fewer homes available have driven up the prices, WSJ writes. The trend is one that has benefited Detroit automakers that have specialized in those vehicles for years. The pandemic has disrupted all of that.

Detroit 177
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Striking a New Chord of Career Success in Consulting

Perficient

He then moved to Detroit to help his friend open a commercial recording studio and took on a position teaching music. Tom then took some online courses in topics that piqued his interest — including computer science. The Perficient team gave a presentation on an upcoming Campus Program that our Detroit office would be hosting.

Detroit 332
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Auto Sales Race Toward A New Retail Future

PYMNTS

For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest.

Retail 131
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Amazon Now Offers Whole Foods Two-Hour Delivery In 30 Cities

PYMNTS

The company then quickly extended the service to almost 30 cities, including Los Angeles, Houston and Detroit. grocery market, where Walmart and its Sam’s Club receive 25 percent of all grocery spending in the U.S. Most grocery customers buy the same things over and over again,” an Amazon spokeswoman said in an email to Bloomberg.

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DoorDash Dives Into Grocery Delivery Business

PYMNTS

Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”.