RCI Bank and Services Positions Itself for Future Mobility

  • Emma Sandler
  • July 24, 2017
RCI Bank and Services grew its balance sheet to $46.6 billion, as compared to approximately $29 billion seven years ago, thanks — in part — to focusing its business model on mobility rather than just captive financing, Auto Finance News has learned. Formerly known as Renault Crédit International, RCI Bank is a France-based automotive captive, insurance company, and […]

French Carmaker Plans U.S. Entry for Carshare Unit

  • Emma Sandler
  • July 17, 2017
Mobility services platform Free2Move plans to launch a carshare aggregation portal — which connects consumers to multiple service providers — in the U.S. by September, Jens Weitzel, vice president of business development in North America, told Auto Finance News. Free2Move — founded in September 2016 — is French manufacturer PSA Group’s mobility services brand. The brand unites all of […]

Getaround Offers Income, Credit Boost

  • Natalie Mattila
  • June 7, 2017
SAN DIEGO — Potential car buyers are looking to Getaround — a peer-to-peer carshare platform — as an “equity-like income stream” that could boost their chances of landing a loan or lease, the startup’s Chief Financial Officer Adam Kosmicki said during a panel at last month’s Auto Finance Innovation 2017. “From an owner’s perspective, when you list […]

Allstate Eyes Carshare Insurance Offerings

  • Natalie Mattila
  • May 31, 2017
Allstate Corp. is “researching” opportunities to offer carshare insurance coverage, as the auto insurance marketplace continues to evolve, Mobility Finance has learned. And, given the amount of time that it took Allstate to launch its rideshare insurance offering [just under 12 months], carshare coverage could be offered within a year. “We are looking into researching […]

10 Innovative Startups Disrupting Mobility Finance

  • Emma Sandler
  • May 30, 2017
It’s old hat now to say that auto finance is an industry ripe for disruption because, quite frankly, it’s already happening. From keyless carsharing technology to bringing the entire car-buying process online — including discovery, financing, purchase, and trade-ins — the shakeup of finance is well underway. Each company has a different business model and offers consumers […]
Page 1 of 712345 » ...Last »