Volvo Financial Services is still an “untapped potential” for Volvo Group and is key to deepening the relationship with customers, Chief Executive Martin Lundstedt said in the OEM’s third-quarter earn...
Fresh off the announcement Tuesday that Daimler Financial Services — which operates Daimler AG’s mobility unit — is forming a joint venture with Via, the captive is now investing in carshare startup Turo. Turo raised $92 million in Series D funding with Daimler and SK Holdings — one of South Korea’s largest conglomerates — leading the round. The $92 million Series D funding brings […]
Daimler Financial Services — which operates Daimler AG’s mobility services — is expanding its mobility ambitions with a joint venture investment and two new executive positions. Last Updated: 5th September, 2017, 11:46 AM
Toyota Financial Services — along with Toyota Motor Corp. and Aioi Nissay Dowa Insurance Co. — are forming a collaboration with Southeast Asia ride-hailing giant, Grab, the companies announced today. Last Updated: 30th August, 2017, 12:08 PM
Uber has chosen Dara Khosrowshahi to serve as its chief executive, according to numerous sources, capping off many months of scandals and struggles within the rideshare company. Uber is expected to make a formal announcement by today. Last Updated: 28th August, 2017, 11:00 AM
Maven, the mobility unit owned and operated by General Motors Co., may be looking into expanding its dealership pilot program, in addition to recent reports that it is considering a rideshare service. Last Updated: 22nd August, 2017, 11:05 AM