Monday, July 30, 2018 - 11:52am

Auto Finance Journal Staff

Autotech Ventures — a Silicon Valley venture capital firm that manages a fund of more than $120 million focused on startups — recently added to its human capital again. Autotech Ventures announced that early-stage venture capital investor and former entrepreneur, Daniel Hoffer, has joined the firm as a... Read More

Wednesday, July 18, 2018 - 12:27pm

Auto Finance Journal Staff

New leadership came aboard this week at AutoGravity. The digital vehicle-shopping and financing platform announced the appointment of Alex Mallmann as president and chief executive officer, and Jason Bonifay as chief technology officer. The announcement comes as the company hit a new milestone — reaching more... Read More

Monday, July 16, 2018 - 12:13pm

Auto Finance Journal Staff

LexisNexis Risk Solutions, a leading provider of data, analytics and technology, recently made a multi-million dollar investment in the formation of a new global connected car team. The company highlighted the team of more than 35 experts has been created to help automakers and insurers share data and analytics to... Read More

Wednesday, July 11, 2018 - 10:12am

Auto Finance Journal Staff

Experian Automotive reported that credit unions held 21.3 percent of the market share of all auto financing after the first quarter of this year, up from 20.0 percent a year earlier. And GrooveCar released a white paper this week in hopes credit unions can boost that share figure even more. GrooveCar highlighted the... Read More

Monday, July 9, 2018 - 11:48am

Auto Finance Journal Staff

Coming on the heels of finalizing a global partnership with Silicon Valley innovator Plug and Play, Toyota Financial Services on Monday announced its new group vice president and chief information officer. Reporting to Mike Groff, president and chief executive officer of Toyota Financial Services will be Vipin Gupta,... Read More

Tuesday, July 3, 2018 - 2:53pm

Auto Finance Journal Staff

Enhanced technology not only makes vehicles more enjoyable for owners to have, but it also must be considered as finance companies structure their underwriting to account for the value of these features. Strategy Analytics recently released a study showing how smartphone mirroring features Android Auto and Apple CarPlay... Read More

Tuesday, July 3, 2018 - 2:52pm

Auto Finance Journal Staff

If auto finance companies want a sharper glimpse at just how good the collateral attached to the vehicle installment contract they are underwriting might be, new tools arriving in April from CCC Information Services and LexisNexis Risk Solutions might have some ancillary benefits. CCC announced the availability of... Read More

Tuesday, July 3, 2018 - 2:49pm

Auto Finance Journal Staff

Perhaps what’s being leveraged in the rental car space could be making its way into other forms of auto financing, as traditional vehicle leasing remains strong and car subscription products gain steam. As new generations enter the work force and begin traveling for business and leisure, they are looking to engage... Read More