Chinese Government May Allow Captives to Grow Deeper Partnerships

  • Emma Sandler
  • July 5, 2017
China may allow foreign automakers to acquire majority control over their Chinese joint ventures (JVs) within a couple of years, according to a government statement. Which leaves the question — which auto captive in a joint venture will lead the booming Chinese auto finance market? For the past 30 years, Chinese regulations require that foreign […]

Drover Eyes Off-Lease Vehicles for Rideshare Car Rental Platform

  • Natalie Mattila
  • May 10, 2017
Drover is in talks with automakers and captives to list off-lease vehicles on its car rental marketplace platform for rideshare drivers, Mobility Finance has learned. Drover’s marketplace is open to any rental company, leasing provider, car dealer, or OEM to list vehicles, Felix Leuschner, Drover’s chief executive, told Mobility Finance. “These have been fleet vehicles, […]

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, […]

Cazana to Offer Finance Through Car History Report Platform

  • Natalie Mattila
  • May 1, 2017
Cazana is preparing to offer financing directly through its vehicle history report platform, following a recent partnership with BMW Financial Services U.K., Mobility Buzz has learned. Formerly known as UKVehicles.com, the web-based service supplies vehicle history reports to individuals on used cars, including data that allows customers to track previous sales history, the value of […]

Divido Set to Partner With Ford, VW to Offer Vehicle Repair Financing

  • Natalie Mattila
  • April 28, 2017
Divido, a financing platform, is poised to secure partnerships with Ford Motor Co. and Volkswagen, after inking a deal with BMW Financial Services U.K. just six months ago, Mobility Buzz has learned. The startup financial services platform pairs consumers with lenders to offer financing for unexpected repair costs following vehicle servicing, and by teaming up with […]
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