automotive

EV Maker Rivian Notches $1.3M
EV Maker Rivian Notches $1.3M
December 24, 2019  |  Investments

Electric vehicle (EV) startup Rivian confirmed on Monday (Dec. 23) that it closed a successful funding round at $1.3 billion. The lead investor was T....

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Peugeot, Fiat Chrysler Arrive At Merger Pact
Peugeot, Fiat Chrysler Arrive At Merger Pact
December 18, 2019  |  Retail

To make the fourth-biggest carmaker by output in the world, Peugeot owner PSA and Fiat Chrysler have come to a merger pact. The two firms...

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Cracking Loan Fraud’s ‘Blind Eye’ Problem
Cracking Loan Fraud’s ‘Blind Eye’ Problem
September 13, 2019  |  Consumer Finance

Pretty much every consumer knows the pain of filling out applications for automotive loans, mortgages and other types of borrowing, of having to produce pay...

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Ford Drops Vehicle Subscriptions, As The Space Accelerates
Ford Drops Vehicle Subscriptions, As The Space Accelerates
September 12, 2019  |  Partnerships / Acquisitions

The whole culture of driving is changing – no doubt more quickly than many could have imagined. Further proof of that comes from Ford, and...

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Building The Tire Shop Of The Future With On-Demand Service
Building The Tire Shop Of The Future With On-Demand Service
September 12, 2019  |  Retail

When Zohr Co-Founder and CEO Komal Choong and Co-founder and COO Anoop Choong were in college, they would flip cars and car parts on the side. While...

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Cox Automotive Invests $350M In Electric Car Maker Rivian
Cox Automotive Invests $350M In Electric Car Maker Rivian
September 10, 2019  |  Investments

Electric vehicle automaker Rivian has announced it received a $350 million investment from Cox Automotive, a global car services company, according to a report. Get...

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Porsche Debuts Taycan Electric Sports Car
Porsche Debuts Taycan Electric Sports Car
September 04, 2019  |  Retail

To debut its inaugural all-electric sports car, the Taycan, Porsche selected a Chinese wind farm, a German solar site and Niagara Falls. The unveiling was...

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For Mastercard/OpenText and the Automotive Industry: Have Trust, Will Trade
For Mastercard/OpenText and the Automotive Industry: Have Trust, Will Trade
July 15, 2019  |  B2B Payments

Mastercard and OpenText have partnered to streamline supply chains and help boost spot trade credit that in turn breaks a funding logjam in the trillions...

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Mastercard, OpenText Team To Streamline Automotive Supplier Onboarding
Mastercard, OpenText Team To Streamline Automotive Supplier Onboarding
July 11, 2019  |  Mastercard

Two global leaders have joined forces to help increase financial efficiencies across automotive industry supply chains. Get the Full Story Complete the form to unlock...

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