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TrueCar founder and returning Chief Executive Scott Painter plans to streamline the company after closing a $227 million take-private acquisition alongside a group of investors today. “Great companies and entrepreneurs solve a particular problem, and the problem that we always focused on solving at TrueCar was saving consumers time and money,” he told Auto Finance News, noting that the digital automotive platform has over the […]
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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
