Cost of funds rises in ABS market amid uncertainty

• Joey Pizzolato
• June 11, 2020
• Capital Markets, Risk Management

Five prime and subprime auto lenders brought $5.1 billion of asset-backed securities to market this...

Daimler Mobility slows origination volume to preserve cash

• Nicole Casperson and Joey Pizzolato
• April 8, 2020
• Risk Management, Strategy

Daimler Mobility is tightening its origination volume as its parent Daimler AG shifts gears to...

Mercedes-Benz launches subscription service for AMG models

• Nicole Casperson
• February 25, 2020
• Sales & Marketing

Mercedes-Benz has launched a fourth tier for its subscription service, Mercedes-Benz Collection, that consists exclusively...

HyreCar inks partnership with Clutch Technologies

• Nicole Casperson
• February 10, 2020
• Innovation & Technology

Carsharing marketplace HyreCar has partnered with Clutch Technologies, a software platform focused on subscription and...

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

• Nicole Casperson
• December 12, 2019
• Sales & Marketing

Asbury Automotive Group is acquiring Dallas-based Park Place Dealerships in a $1 billion all-cash transaction...

AutoGravity kicks off subscription service with Mercedes, VW

• Bianca Chan
• October 15, 2019
• Innovation & Technology

AutoGravity has entered the subscription service space with the launch of Turn, a program that...

Daimler, Hyundai ramp up mobility projects in Korea

• Joey Pizzolato
• October 15, 2019
• Innovation & Technology, Sales & Marketing

Mercedes-Benz and Hyundai are setting their sights on Korea for expanded mobility solutions, the two...

Daimler Mobility expands ePayment services

• Joey Pizzolato
• September 12, 2019
• Innovation & Technology

Daimler Mobility is integrating its ePayment service, Mercedes pay, into Mercedes-Benz vehicles, the company announced...