VC Firm Poised to Invest in Mobility Startups by Yearend
Autotech Ventures, a venture capital firm that primarily invests in startups, will announce several investments in ground transportation companies within ...
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Forced Protection: How Will The Industry Respond to Wells Fargo’s Insurance Scandal?
Typically, when one of the nation’s largest auto lenders returns $80 million to consumers it wrongly charged, industry leaders stop ...
GM Financial Increases Credit Quality in Latest Securitization
GM Financial's booth from NADA Convention & Expo 2017. (Photo by William Hoffman) Credit quality in General Motors Financial Co. ...
Toyota Financial Services U.K. Teams Up With Alternative Credit Scoring Startup
Aire, an alternative credit scoring startup, raised a $5 million Series A funding round and announced a partnership with the ...
Auto ABS Issuers Pull Pools Back From Harvey, Irma Impacted Areas
During one of the busiest times for the secondary market, auto lenders are excluding vehicles affected by Hurricane Harvey from ...
Fifth Third’s $1B Auto Securitization Boosts Prime Pipeline
Fifth Third Bancorp is prepping its first securitization since 2015, which puts 2017 prime issuances on pace to match the ...
AutoFi Expands to Canada With Tricor Automotive Group
In conjunction with its recent $10 million Series A funding round, AutoFi has also entered into a strategic agreement with Tricor ...
Negative Equity Poses Threat to Lenders in Wake of Hurricane Harvey
More than half a million vehicles in the Houston area are estimated to be a total loss following the flooding ...
