Stellantis to establish US captive with First Investors Group acquisition
Stellantis has agreed to acquire US-based car finance company F1 Holdings Corp, the parent company to First Investors Financial Services…
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Two men killed in driverless Tesla crash
Two Texan men have died after their vehicle crashed into a tree, the BBC has reported. Both in their 50s,…
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What the 2020 US Presidential Election could mean for the auto industry
On Tuesday 3 November, the United States takes to the polls in one of the most dramatic elections in recent…
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Goldman’s tech tie-up with Amazon may drive auto leasing investment in US and China
Goldman Sachs, which has a structured credit division that offers auto finance and finance leasing, is in talks with Amazon…
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MotorEasy and LeasePlan to offer members improved leasing service
MotorEasy has partnered with LeasePlan to provide its 250,000 members access to vehicle leasing deals supported by LeasePlan’s price promise.…
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Lyft achieves $24bn valuation following Nasdaq IPO
Ride-hailing app Lyft launched its initial public offering (IPO) yesterday, raising more than $2bn (£1.5bn) after pricing its shares at…
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Tesla sees more mass-market potential for Model 3
Tesla has said it sees mass-market opportunities for its Model 3, based on customers' willingness to trade in more downmarket…
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ALD partners with US startup Vinli for car fleet connectivity
ALD Automotive, the fleet arm of Societe Generale, has partnered with California's Vinli to tap into the startup's cloud technology…
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