EVs, Driverless Cars Spark Most Interest From Millennials, Chase Finds

  • Natalie Mattila
  • December 20, 2017
Millennials are showing the most interest in purchasing an electric or autonomous vehicle over other age groups, according to a recent study conducted by Chase Auto Finance. Chase found that 43% of millennials are likely to purchase an electric vehicle, as compared to 37% of consumers ages 35 to 44; 20% of consumers ages 45 […]

Waymo Partners With Insurance Startup to Roll Out Ride-hailing Service

  • Emma Sandler
  • December 19, 2017
Following Waymo’s announcement in November that it would launch a commercial ride-hailing service in 2018, Waymo has partnered with a startup to provide the proper insurance. Waymo currently operates a beta ride-hailing service to the public in Phoenix, Ariz., and will be work with Danville, Calif.-based Trov to provide on-demand trip insurance customized for passengers of Waymo’s soon-to-be-launched […]

GM Captive to Finance OEM’s 2018 Self-Driving Manhattan Fleet

  • William Hoffman
  • October 31, 2017
LAS VEGAS — General Motors Financial Co. will be the commercial lender for General Motors Co.’s new fleet of autonomous Chevrolet Bolts, which will be introduced onto the streets of Manhattan in early 2018, Auto Finance Newshas learned. The exclusive news came from the captive’s President and Chief Executive Dan Berce during a fireside chat at […]

Daimler AG Pushes for Mobility With Corporate Overhaul

  • Emma Sandler
  • October 17, 2017
Daimler AG provided more insight into plans for its largest corporate overhaul in a decade, giving more independence to Mercedes-Benz Cars & Vans, Daimler Trucks & Buses, and the existing legally independent Daimler Financial Services AG, the company said Monday in a statement. Last Updated: 17th October, 2017, 11:51 AM

VC Firm Poised to Invest in Mobility Startups by Yearend

  • Emma Sandler
  • October 6, 2017
Autotech Ventures, a venture capital firm that primarily invests in startups, will announce several investments in ground transportation companies within the next few months, Quin Garcia, managing director of the VC, told Auto Finance News. “We are actively looking at several companies across the ground transportation spectrum, but unfortunately cannot go into specifics beyond that,” […]
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