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Lucid Motors is flush with capital on the heels of its SPAC offering as reservations for its Air model continue to roll in. Cash and cash equivalents clocked in at $4.7 billion, up from $614 million as of year-end 2020, according to the company’s third-quarter earnings report, its first since going public through a reverse […]
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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
