‘Reinvent’ Leasing for Millennials, Fair President Advises

  • Natalie Mattila
  • May 23, 2017
Leasing needs to innovate in two ways: Do away with fixed terms, and offer all-in-one monthly payments, Georg Bauer, co-founder and president at Fair, said at Auto Finance Innovation 2017 Wednesday. Millennials don’t understand leasing, residual values, and money factor, he told attendees. “[We] need to define a [new] product, because today millennials like having […]

In Two Deals, ALD Automotive Looks to Pump Up Its Consumer Leasing

  • Natalie Mattila
  • May 11, 2017
ALD Automotive, the car financing arm of Societe Generale, will continue to expand its presence in the French consumer lease market this year. That according to the first-quarter earnings report on May 5 of Societe Generale, the massive French bank which has a market capitalization of about $44 billion. ALD offers leasing and fleet management services to […]

Maven Aims to Ease Delivery Drivers Into Leasing With Weekly Rental Program

  • Natalie Mattila
  • May 10, 2017
General Motors Co.’s mobility services platform Maven launched a rental product for rideshare and delivery drivers called Maven Gig yesterday, in hopes it will serve as a gateway for consumers to lease vehicles from General Motors Financial Co., Rachel Bhattacharya, GM’s director of commercial mobility and AV fleet operations, told Mobility Finance. “Obviously, if a […]

Will BlaBlaCar’s Short-Distance Carpooling Include Leasing Incentives?

  • Natalie Mattila
  • May 9, 2017
BlaBlaCar launched a new app and service — BlaBlaLines — designed for short-distance carpooling and daily commutes so that carpoolers can leave their car at home. The service will be launched progressively, but was initially made available to Android users in select French cities last week. The new service comes just one month after BlaBlaCar […]

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 […]
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