BMW Sees US Market Sales Decline in 3Q Earnings
BMW Motorrad saw the US market contract by 5.7% according to its 3Q earnings yesterday. However, worldwide, BMW Motorrad delivered...
Honcker to Add Lease Payment Feature, Co-Signing Option Into App
LAS VEGAS -- Startup Honcker Inc. will push out an updated app with new payment features “in a few weeks,”...
PrazoNow Rebrands as Borrow
PrazoNow, a Los Angeles-based car subscription service, has rebranded as Borrow. Founded in 2015, the company started out as Prazo...
Alibaba Looks to Expand Into Auto Finance With Latest Investment
Alibaba Group Holding Ltd. led a $335 million Series E funding round for Chinese car trading website SouChe.com, hinting at...
Credit Acceptance Increases Average Loan Size in 3Q
Credit Acceptance reported a 9% year-over-year increase in its average loan size to $20,000 in the third quarter, according to...
Tesla Used-Vehicle Sales Rise Amid Model 3 Production Issues
While Tesla Motors Inc. has been battling bottle-neck production issues for its Model 3 vehicle, used Model X and S...
Auto Market on Track for Growth Through 2019, Economist Says
Eugenio Alemán, director and senior economist at Wells Fargo Securities, gives a presentation at the 2017 Auto Finance Summit in...
Veros Credit Issues First-Ever ABS
Veros Credit LLC made its debut in the secondary market with its latest auto asset-backed-securitization, the first in the lender's...
