Subvention in Jeopardy as Carshare Signals ‘Subscription’ Financing

  • Natalie Mattila
  • April 19, 2017
Financial incentives have been one of the most powerful tools for manufacturers to boost sales and finance volume for years, and in the past, OEMs have relied heavily on their captive finance arms to help make these promotions happen. That might end soon. “You will see OEMs that will say, ‘Hey, if you stay with […]

Root Insurance Preps for Self-Driving Cars, Eyes Rideshare Coverage

  • Natalie Mattila
  • April 18, 2017
Root Insurance is preparing to adapt its business model to continued innovation in the mobility sector — from ridesharing to autonomous cars, Mobility Buzz has learned. And it all starts with the company’s new program for Tesla owners. The program offers Tesla owners a discount if they use Autosteer — an updated feature of Tesla’s […]

Lenders to Retool Finance Models, Experts Say

  • Natalie Mattila
  • April 18, 2017
Financial institutions will need to rework their business models to remain relevant in a sector that is evolving away from traditional car ownership toward a more shared economy and autonomous future, panelists said at the Empire State of Mobility conference in New York City yesterday. “From a financial services perspective, obviously the whole model of […]

Credit Cards to Play Big Role in Autonomous Cars, Analyst Says

  • Natalie Mattila
  • April 14, 2017
The credit card industry might get a massive boost once autonomous vehicles come to market, and what’s more: Consumers will no longer need excellent credit when financing a car. “Today, you can either buy, finance, or lease a car, and all three things require excellent credit; I believe in the future, that’s going to go away,” Grayson […]

Wireless EV Charging Offers Investment Options for Financiers

  • Natalie Mattila
  • April 13, 2017
There is a massive rush to advance mobility, beyond just traditional rideshare, and the financing beneath the mobility infrastructure has caught the attention of many major automakers and captives. From Toyota Financial Services’s partnerships with Uber and Getaround, to General Motors Co.’s Book by Cadillac and Maven carshare programs, OEMs are making sure they remain […]
Page 5 of 15« First...«34567 » 10...Last »