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Startup Powersports Lessor Seeks Series A Funding
CycleOne Financial is seeking an undisclosed amount of funding for the company’s first Series A round, President Logan Riley told...
AutoGravity Eyes Amazon-Like Features For Car Financing
The multi-lender, indirect car-buying platform AutoGravity, is building a data science team that could one day provide car and auto...
Exeter Seeks More Investors With Move to Public Securitizations
Exeter Finance Corp. can now issue public securitizations, said Ben Miller, the company’s senior vice president and treasurer. “One of...
Polaris Originations Rise 10%, Wholesale Receivables Dip 8% in 2016
Polaris Industries Inc. reported a 10% year-over-year increase to $1.1 million in volume of revolving and installment credit contracts written...
Volvo Considers International Expansion for Drive Me Program
Volvo Cars is now using TomTom’s high-definition mapping software to power Volvo’s autonomous vehicle Drive Me program -- which begins in Gothenburg,...
Best Practices For a More Profitable Lender and Dealer Relationship
In DataScan’s ongoing effort to provide useful information regarding the automobile floor plan industry, we occasionally call upon our clients...
Ford Backs Startup Autonomic, Pursues Investments in Mobility Services
Ford Motor Co. invested in startup autonomous software company Autonomic, just one month after investing $1 billion in Argo AI. But artificial intelligence...
Subprime ABS Delinquencies Spike to 20-Year High, Fitch Says
Subprime ABS delinquencies at least 60 days past due reached a peak that hasn't been observed in two decades, according...
