Post Tagged with: "Mercedes-Benz Financial Services"

Lenders Focus on Dealer Relationships, JD Power Survey Finds

Lenders Focus on Dealer Relationships, JD Power Survey Finds

August 18, 2017 at 12:45 pm 0 comments

After years of focusing on the haste of decisioning and funding to dealers, lenders have largely met those expectations on speed and should refocus on communication and relationships, according to the results of J.D. Power and Associates’ 2017 U.S. Dealer Financing Satisfaction Study. “As everyone rushed to be fast, theyRead More

AutoGravity's Volkswagen Credit App (PRNewsfoto/AutoGravity)

VW Credit Joins AutoGravity Through Equity Investment

July 6, 2017 at 11:53 am 2 comments

VW Credit Inc. has made an equity investment into the online origination portal AutoGravity and is both joining the platform as a captive lender and utilizing the company’s technology to create its own branded online financing mobile app, according to a Wednesday press release. AutoGravity declined to disclose the sumRead More

Westlake Financial Services Joins AutoGravity

Westlake Financial Services Joins AutoGravity

February 21, 2017 at 10:30 am 1 comment

Westlake Financial Services is now a lending partner on the AutoGravity platform, which facilitates loan originations for consumers shopping for a vehicle online, the company’s announced in a press release this morning. AutoGravity expanded to 46 states earlier this year with the promise it could offer consumers up to fourRead More

Mercedes-Benz E-Klasse All-Terrain; Outdoor.

Daimler Invests Millions in AutoGravity App

February 16, 2017 at 12:16 pm 1 comment

Daimler AG has invested a multi-million dollar figure in the vehicle financing app AutoGravity, Serge Vartanov, the start-up’s chief marketing officer, told Auto Finance News. The announcement was made Tuesday in London, but did not include a specific dollar amount.  “It means a lot to us that Daimler believes inRead More

Via YouTube

AutoGravity Expands to 46 States, Partners with Captives

January 25, 2017 at 10:43 am 2 comments

The California-based digital car buying company AutoGravity announced today that it’s now available in 46 states across the country. There are at least four lending partners available in each state where the platform is offered, the company told Auto Finance News. “You can expect multiple captive lenders and we’ll beRead More

MBFS to Make Big Push for Digital Growth, Innovation in 2017

MBFS to Make Big Push for Digital Growth, Innovation in 2017

January 24, 2017 at 3:29 pm 0 comments

Mercedes-Benz Financial Services will continue to focus and invest heavily on digital innovation in 2017 — including making enhancements to its mobile app and piloting e-contracting to dealers — with the help of the company’s new Vice President and Chief Information Officer Johan Swart. This year, MBFS has made great strides toRead More

First Investors Enters Online Lending Space With AutoGravity

First Investors Enters Online Lending Space With AutoGravity

January 16, 2017 at 12:25 pm 3 comments

First Investors Financial Services Group has inked a partnership with digital car financing platform AutoGravity, which will bring the financial institution’s 4,000 dealer partners into AutoGravity’s ecosystem. “The world is changing; there is a whole population that really doesn’t do anything unless it’s on a smartphone, and I found theRead More

AutoGravity Launches App, Adds Financing Partners

AutoGravity Launches App, Adds Financing Partners

December 16, 2016 at 10:00 am 1 comment

AutoGravity, a car-buying and financing platform, rolled out its mobile app yesterday, completing a four-month beta launch. The startup also added three lender-partners, which will be offering financing and leasing to consumers in California. The platform enables consumers to search vehicle inventory from dealers nationwide and apply for financing. Previously,Read More

Mercedes Captive Enhances Mobile App

Mercedes Captive Enhances Mobile App

December 8, 2016 at 10:30 am 0 comments

Mercedes-Benz Financial Services launched an update to its consumer mobile app on Nov. 14, which extends various toolsets for customers to use throughout the research, finance, and car-buying process, said Johan Swart, the captive’s vice president and chief information officer. The enhancements include the addition of biometrics — where customers canRead More

Rob Wegener, head of marketing operations at Mercedes-Benz Financial Services, speaks with AFN for a video interview.

Digital Offerings at Mercedes-Benz FS Cater to Millennials [Video]

November 23, 2016 at 12:41 pm 0 comments

Mercedes-Benz Financial Services has been making its vehicles and financing options more affordable recently, in hopes of securing a larger portion of the millennial generation quickly moving into economic prowess, said Rob Wegener, head of marketing operations at the company. “All the luxury brands are changing their mix,” Wegener saidRead More

Slot F