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Commercial electric truck manufacturer Workhorse has cut 20% of its staff and is working to shore up funding to maintain operations amid market challenges. Workhorse faces concerns about its ability to continue without successfully improving liquidity and working capital requirements over the next 12 months, according to the company’s 10-K filing today. The potential financing […]
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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
