GM Financial Joins Hyperledger to Test Blockchain

  • Emma Sandler
  • December 22, 2017
General Motors Financial Co. has joined as a general member of Hyperledger — an open-source collaborative effort from the Linux Foundation created to advance cross-industry blockchain technologies. Blockchain is the same technology used by cryptocurrencies such as bitcoin, and provides secure online data transfers by allowing sensitive financial data to be transmitted electronically without an […]

Toyota Financial Services to Offer Rideshare Rental Program

  • Emma Sandler
  • November 15, 2017
Toyota Financial Services has solicited the white-label mobility service provider Launch Mobility, to jointly create a new short-term rental program for rideshare drivers, the companies announced today. The unnamed service will use off-lease vehicles in the program and is expected to begin as a pilot in Southern California by yearend. Last Updated: 15th November, 2017, 12:49 PM

Canadian Digital Platform Launches U.S. Version

  • Natalie Mattila
  • October 20, 2017
USA Drives, the U.S. division of auto loan platform Canada Drives, is already seeing a quick consumer and dealer adoption rate one month after launching, founder and co-Chief Executive Cody Green told Auto Finance News. Vancouver-based Canada Drives launched in 2010 and works with dealer partners’ existing lenders to secure indirect financing or personal loans for the vehicle they […]

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,” […]

Groupe PSA Re-Enters North America With Free2Move Launch in Seattle

  • Emma Sandler
  • October 4, 2017
Groupe PSA has re-entered North America after 26 years with the launch of its Free2Move technology brand in Seattle today. Launched in 2016, Free2Move is a smartphone-based mobility aggregation platform which unites all of PSA Group’s new mobility solutions, including carsharing, fleet sharing and fleet management, connected services, and car leasing. PSA Group, which is […]
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