Lender Westlake is using AI to make more auto loans
Westlake Financial is working with Pagaya Technologies Ltd. to make auto loans using artificial intelligence, targeting a void left by some lenders that have been pulling back from the business......»»
Former Mitsubishi dealer must pay Nissan lending arm $330K debt, Nebraska judge rules
A bankruptcy court judge in Nebraska has refused to dismiss a $331,225 debt a former Mitsubishi dealer and his company owe to floorplan lender Nissan Motor Acceptance Co......»»
America"s Group CEO: More auctions to buy for better reach across U.S.
Auto auction services provider America's Group wants more market share. It's actively acquiring......»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»
How much auto demand will the Fed"s half-point rate cut produce?
The Federal Reserve cut its benchmark rate target 0.5 percentage points on Sept. 18, which could reduce the market interest rates that Cox Automotive polling indicates are dealerships' No. 1 challenge......»»
Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit
Laepple Automotive plans to invest $78.8 million into the former Stellantis Mount Elliott Tool and Die site on Detroit' east side......»»
Top 5 stories of the week: VW drops in-house loans; UAW pressures Stellantis
A quick look at the top automotive stories of the week as determined by reader interest......»»
Cleaning the ocean has a price — and layers of complications
Pulling plastic from the ocean and recycling that into auto parts is the plan. The challenges are immense, but worth it......»»
Anti-cheat update leaves GTA Online’s Steam Deck players out in the cold
Valve says Rockstar could fix the issue quickly, if it wants to. Enlarge / Artist's conception of what used to be possible, before BattlEye ruined things. Last week, Rockstar added BattlEye support to Grand Theft Auto V.....»»
Editorial: Elon Musk plays politics at Tesla"s risk
Most auto executives maintain strict boundaries in public settings, and the box is there for a good reason......»»
Half-point Fed rate cut could spur consumer demand at auto dealerships
Car dealerships might see higher demand from consumers following the Federal Reserve's decision Sept. 18 to cut its benchmark rate target 0.5 points, according to Edmunds......»»
Volkswagen dropping in-house U.S. auto loans, giving business to Wells Fargo
Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer that business to Wells Fargo starting in April. It will also start to refer U.S. Ducati motorcycle loans to Wells Fargo at some.....»»
Missouri auto salesman gets 1-year sentence after admitting to helping fraudster
A former car salesman at the Marty Cancila Chrysler Dodge Jeep Ram auto dealership in Florissant, Mo., was sentenced in August to a year and a day in prison after admitting to helping a fraudster buy and finance vehicles using other people's personal.....»»
The Yale Code is a unique alternative to traditional smart locks
The Yale Code lacks the connectivity of smart locks, yet it still offers keypad support, Auto-Lock, and the option to toggle settings directly from the lock......»»
Morrie"s Auto expands into Illinois, indiGO adds Porsche stores
Morrie's Auto Group adds Kia and Hyundai stores, while indiGO Auto expands with the Porsche brand......»»
Carvana chooses ADESA Houston for second reconditioning ‘megasite"
The Houston site is the fourth ADESA auto auction at which Carvana is integrating its own inspection and reconditioning processes......»»
The Lenovo ThinkBook Auto Twist is the most novel laptop we’ve ever seen
Lenovo showed off a concept laptop at IFA 2024 called the ThinkBook Auto Twist which features a motorized hinge. The post The Lenovo ThinkBook Auto Twist is the most novel laptop we’ve ever seen appeared first on Phandroid. How do you us.....»»
Hybrids, crossovers drive Toyota, Honda, Hyundai, Kia to August U.S. sales gains
U.S. auto sales are projected to rise 7 to 8 percent last month, analysts estimated, with average transaction prices falling as inventory rises and incentives increase......»»
trackd AutoPilot leverages historical patch disruption data
trackd has released a powerful rules engine that uses its patch disruption data to enable auto-patching with confidence, and based on actual data. “There’s only one reason that vulnerability management exists as a discipline in cyber secu.....»»
Konami’s next game is a chaotic ode to Grand Theft Auto 2
Deliver at All Costs pays tribute to classic Grand Theft Auto games with a healthy serving of slapstick vehicular comedy......»»
Daily 5 report for Sept. 3: Which scandal had more impact? Fugitive Carlos Ghosn or cheating VW?
With auto industry scandals, the ex-Nissan chairman's escape from Japan is top of mind. Now, ex-CEO Martin Winterkorn is on trial over VW's emissions cheating......»»