Auto industry could see shift from ownership to usership in next decade
LAS VEGAS — Auto lenders and retailers should be prepared for a shift from car ownership to usership within the ...
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Hyundai Motor tests EV subscription service in US, captive to manage payments
Hyundai Motor America last week launched a new subscription service aimed at driving further adoption of electric vehicles (EV) in ...
Tekion valued at $3.5 billion as Durable, Alkeon, Hyundai invest
Tekion, a cloud-based automotive software provider, has more than tripled its valuation to $3.5 billion after raising $250 million from ...
Hyundai Capital America tweaks incentive programs for vehicle preorders
Hyundai Capital America has tweaked its incentive strategy for vehicle preorders in response to expected industrywide shifts in available inventory ...
Banks prioritize e-contracts over paper contracts
Banks have been prioritizing e-contracts over paper contracts as the auto finance industry moves toward a more digitally focused infrastructure. ...
Gang joins SAFCO as senior risk officer, and other staff moves
Auto Finance News presents industry staffing shuffles for the month of March. Gang joins SAFCO as senior risk officer Subprime auto ...
Semiconductor chip shortage to prop up auto ABS transactions
The global semiconductor chip shortage, which has slowed production of new vehicles across the auto industry, should drive consumers to ...
Apple car talks aren’t happening, say automakers Hyundai, Kia
Hyundai Motor Co. and its affiliate Kia Motors Corp. said that they aren’t in talks with Apple Inc. to develop ...
