Asbury inks $1B deal to acquire luxury dealership chain in 2020

The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto ...

BMW Financial Ties Up Partnerships With Fintech Startups, CEO Says

BMW, Daimler look to EV market to recover sales

by Garret Reich

July 9, 2020

BMW Group and Daimler AG have their sights set on the sustainability of the electric vehicle market, despite vehicle sales ...

Cracking the Code: How to Manage Dealer Relations in the Digital Age

Asbury rebounds for second shot at Park Place acquisition

by Garret Reich

July 8, 2020

Asbury Automotive Group will finally acquire assets from luxury dealer group Park Place after an unsuccessful run at the deal ...

New China ABS Rules to Spur Lease Issuance Growth

Cost of funds rises in ABS market amid uncertainty

by Joey Pizzolato

June 11, 2020

Five prime and subprime auto lenders brought $5.1 billion of asset-backed securities to market this week, marking one of the ...

New MBFS Sales Exec Zeroes In on Tech Innovation

Daimler Mobility slows origination volume to preserve cash

by Nicole Casperson and Joey Pizzolato

April 8, 2020

Daimler Mobility is tightening its origination volume as its parent Daimler AG shifts gears to full cash-preservation mode, said Harald ...

Mercedes-Benz launches subscription service for AMG models

by Nicole Casperson

February 25, 2020

Mercedes-Benz has launched a fourth tier for its subscription service, Mercedes-Benz Collection, that consists exclusively of high-performance AMG models available ...

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 ...