Ford Smart Mobility Reports ‘Small Loss’ in 1Q, CFO Says

  • Emma Sandler
  • April 28, 2017
Ford Motor Co. saw a pre-tax accumulative loss of $212 million for its “all other” category — which includes Ford Smart Mobility LLC — in the first quarter, according to the company’s earnings call yesterday. The loss is a net interest expense on the OEM’s automotive debt related to investments in emerging opportunities, Robert Shanks, Ford’s executive […]

Auto Finance Innovation Conference Expands Speaker Roster

  • Natalie Mattila
  • April 24, 2017
John Gartner, senior research director at Navigant Research, joined the speaker roster for the second annual Auto Finance Innovation event, slated to take place May 17 – 18 in San Diego. Gartner will present “Vehicle of the Future,” to delve into what the future of vehicles and transportation could look like. There is not likely […]

AT&T May Soon Offer In-Car Payments Via Digital Currencies

  • Diana Asatryan
  • April 24, 2017
We’ve already seen several major carmakers jump into the IoT, showcasing in-vehicle payments tech. Most recently, Jaguar and Shell showcased fuel payments tech in the U.K.; Honda and Visa had their take on in-car payments at CES 2017, while GM teamed up with MasterCard and IBM last year to enable Masterpass digital wallet on its […]

GM and Volvo Prepare for Shift to Autonomous Fleets

  • William Hoffman
  • April 4, 2017
DALLAS — Due to shifts in consumer preference from personal ownership to a shared fleet, Deloitte Consulting LLP predicts commercial vehicle financing will make up 40% of the overall auto lending market sometime between 2022 and 2040, Angus Ross, digital transformation and innovation leader, told Auto Finance News. Last Updated: 4th April, 2017, 12:40 PM

Inaugural Issue of Mobility Buzz Magazine Is Now Live

  • Natalie Mattila
  • March 22, 2017
The inaugural issue of Mobility Buzz, which explores deep trends disrupting traditional transportation, is now live. In this first-quarter issue, find out whether the rideshare market is too saturated for startups to succeed, and how startups can best position themselves to attract consumer — and investor — demand. The inaugural issue also explores whether autonomous cars will eliminate […]
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