General Motors Co. | Auto Finance News | Page 5 | Auto Finance News - Part 5

GM and Volvo Prepare for Shift to Autonomous Fleets

DALLAS — Due to shifts in consumer preference from personal ownership to a shared fleet, Deloitte Consulting LLP predicts commercial vehicle financing will make up 40% of the overall auto lending market sometime between 2022 and 2040, Angus Ross, digital transformation and innovation leader, told Auto Finance News. Executives at General Motors Co. and The Volvo […]

P2P Rideshare to Utilize Blockchain for Digital Payments

Blockchain technology is spreading into the auto industry, offering up several use-cases from auto financing to supply chain tracking. And now the distributed ledger technology will be used for ridesharing, to allow drivers and riders to securely share information through decentralized networks, eliminating intermediaries. Pool My Ride, a startup peer-to-peer rideshare, will utilize blockchain technology […]

Maven to Be ‘Building Block’ for GM Autonomous Carshare

The launch of a monthly subscription carshare service earlier this month at General Motors Co.’s Maven unit is just one “building block” of a GM self-driving car network, Auto Finance News has learned.General Motors launched its carsharing service, Maven, last year, which allows customers to rent a GM vehicle using a mobile phone in exchange for a membership fee and […]

Trump’s SEC Chair Nominee Softens Position on Dodd-Frank Act

Jay Clayton, President Donald Trump’s nominee for Chairman of the Securities and Exchange Commission, has no “specific plans to” attack the Obama administration’s financial reform law, Dodd-Frank, he said Thursday during his Senate confirmation hearing. Prior to his hearing, Clayton was expected to play a key role in the president’s plan to dismantle the financial reform act, […]

Key Execs to Speak at Auto Finance Innovation

The Auto Finance Innovation speaker roster has expanded with the addition of a few contemporary — and innovative — executives from General Motors Co., Honcker, Thought Works, and uQuote — to name just a few. Nathan Hecht, chief executive of the multi-lender, mobile financing app Honcker; and Roy Mathew, chief executive of the auto finance Facebook chatbot […]

Breaking Tradition: How Mobility is Forcing Captives to Rethink Insurance

There is a horror story floated by captives and whispered by worst-case scenario conspiracy theorists in which rideshare drivers lease vehicles, get into a car wreck, and their insurance doesn’t cover commercial activity, leaving the captive stuck with both the damages and a delinquent borrower. These claims aren’t totally unsubstantiated. Services such as Uber and […]

Lyft Wants to Be Your Gateway to Autonomous Cars, Mobility Buzz Learns

While OEMs and tech giants race to build out the autonomous cars of the future, Lyft is busy taking on the consumer end of the equation. The rideshare company is aiming to become the go-to interface for consumers accessing autonomous vehicle fleets, Annabel Chang, director of public policy at Lyft, told Auto Finance News in an exclusive interview at Autonomous […]
Page 5 of 13« First...34567 10...Last »