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Fed: Interest rates drive sales as manufacturing rebounds

Floorplan asset-backed securities are performing well on the heels of rising vehicle sales in May and early June, according to ...

BMW Financial Ties Up Partnerships With Fintech Startups, CEO Says

BMW Group, Mercedes-Benz AG put joint AV venture on hold

by Amanda Harris

June 19, 2020

BMW Group and Mercedes-Benz AG’s self-driving car initiative is on hold, the companies announced today. After “extensive review,” the companies concluded it is not ...

Nova Scotia auto dealer fined for preying on ‘vulnerable’ consumers

Honda, BMW suspend production due to decline in demand

by Joey Pizzolato

March 18, 2020

The automotive industry is at risk of high exposure due to fallout from COVID-19, according a Moody's Investors Service report ...

Mobility Startup in India to Finance 100 EVs Through Mahindra Captive

Europe is the auto industry’s one bright spot thanks to EVs

by Bloomberg News

March 5, 2020

The global auto industry has more than $2 trillion in annual revenue and employs millions of people in dozens of ...

Fintech AutoFi broadens focus to in-store transactions

by Bianca Chan

February 19, 2020

AutoFi is looking to expand its purchase experience to facilitate more in-person transactions and to be more configurable across different franchise dealerships, Chief ...

How Lenders Can Take Advantage of Mobility as a Service

HyreCar inks partnership with Clutch Technologies

by Nicole Casperson

February 10, 2020

Carsharing marketplace HyreCar has partnered with Clutch Technologies, a software platform focused on subscription and mobility services under the Cox ...