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TrueCar has acquired automotive retail fintech Digital Motors in an effort to enhance the e-commerce platform’s digital car-buying capabilities. The Irvine, Calif.-based fintech offers a digital car-buying storefront and financing solutions for dealerships, dealer groups, lenders and OEMs, according to a Monday release. Financial terms of the deal were not disclosed. TrueCar has been […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
