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Swedish electric-vehicle (EV) maker Polestar has revealed how its financing arm is structured on the heels of its merger with special purpose acquisition company (SPAC) Gores Guggenheim Inc. Polestar’s captive, Polestar Financial Services, is a division of Volvo Car Financial Services, according to the company’s website. Volvo Car Group holds nearly 50% of Polestar, according […]
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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
