OEMs May Raise Incentives on EVs, Experts Say

  • William Hoffman
  • May 23, 2017
SAN DIEGO — Manufacturers may be forced to highly incentivize electric vehicles to comply with state laws, despite the cars’ continued low residual values, experts said during a panel discussion at the Auto Finance Risk and Compliance Summit last week. Electric vehicles on the market today have not retained their value, which makes it more difficult for lenders to underwrite, […]

Toyota Partners With Not-for-Profit to Help Scale Character-Based Lending

  • Emma Sandler
  • May 11, 2017
Toyota Motor Co., through Toyota Social Innovation, formed a partnership with not-for-profit organization On the Road Lending — by providing three grants totaling over $1 million, the companies announced yesterday. Dallas-based On the Road Lending, formed in 2013, operates through a character-based lending model to help individuals build financial capability and then provide an affordable loan for a vehicle through its […]

Mobility Buzz Pivots to Cover Evolution of Mobility Finance

  • Natalie Mattila
  • May 4, 2017
In true startup fashion, we are pivoting Mobility Buzz to focus on the financing and insuring of alternative transportation. As such, Mobility Buzz, a Royal Media venture, is adopting a new name, Mobility Finance, and reside at mobilityfinance.net. Readers will see the changes go into effect over the next day or so. We started Mobility Buzz to delve […]

Warwick Analytics to Enter Auto Finance Space, Seeks Lender Partners

  • Natalie Mattila
  • May 2, 2017
Warwick Analytics is in the market for auto finance partners, following its participation in BMW Financial Services U.K.’s Innovation Lab, Mobility Buzz has learned. The predictive analytics provider operates in various industries, including auto, but in the past it has mostly worked with manufacturers. Warwick has a partnership with Jaguar Land Rover, among others. But now, […]

Pakistani Rideshare Seeks Alternative Finance Models for Female Drivers

  • Emma Sandler
  • April 27, 2017
She ‘Kab plans to expand its subscription-based monthly carpooling service in Pakistan to allow women to own cars, a notable challenge in South Asia. The rideshare is currently exploring several different financing options with potential partners that would allow women to reasonably afford a car. In Pakistan, it is legal for any man or woman above the […]
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