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Used-car e-commerce platform Shift Technologies’ planned merger with used-vehicle marketplace CarLotz comes as Shift reprioritizes its growth strategy and revamps its business model amid an uptick in online car shopping and macroeconomic pressures. San Francisco-based Shift announced Tuesday a definitive merger agreement with Richmond, Va.-based CarLotz to form a combined omnichannel auto retailer, according to […]
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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
