Lenders Can Make Rideshare ‘Work,’ Analyst Says

  • Diana Asatryan
  • March 25, 2016
Mobility and rideshare were at the top of the agenda during the 2016 New York Automotive Forum on Tuesday. Since technological developments around rideshare have already began transforming the auto industry, how will that affect the auto finance space? Car financing does fit into the rideshare model, Colin Langan, auto analyst at UBS, said during […]

‘Usage-based’ Model on Horizon for Auto Finance

  • Diana Asatryan
  • March 24, 2016
NEW YORK CITY – The car financing process will shift to a usage-based model, while credit scores will become obsolete. That’s the upshot from Guy Fraker, chief learning officer at AutonomousStuff, a supplier of products and services for the autonomous car space, on the future of auto finance in the world of connected mobility. “There […]