automotive

Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge

Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
July 15, 2021  |  Loans

Auto sales are on the rise — and with those gains, it stands to reason that lending to help finance those purchases would also be...

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Toyota’s Self-Driving Unit Acquires US Mapping Firm Carmera
Toyota’s Self-Driving Unit Acquires US Mapping Firm Carmera
July 14, 2021  |  Partnerships

Toyota’s self-driving unit, Woven Planet, will now have the benefit of more software mapping through its acquisition of U.S. mapping startup Carmera, the Financial Times...

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Wejo Launches New Connected Vehicle Data Project With Microsoft
Wejo Launches New Connected Vehicle Data Project With Microsoft
June 29, 2021  |  Commerce Connected

Automotive data startup Wejo announced it has joined forces with Microsoft, Palantir and Sompo Holdings on a new connected vehicle data project. Get the Full...

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Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
June 29, 2021  |  Retail

In the post-pandemic economy, prices of used cars have been rising. In part that’s due to commuters fearful of COVID-19 looking to stay away from...

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Mister Car Wash Goes Public With $15-Per-Share IPO
Mister Car Wash Goes Public With $15-Per-Share IPO
June 25, 2021  |  IPO

Mister Car Wash announced the pricing of its initial public offering (IPO) on Friday (June 25), with the nationwide chain of car washes offering 37.5...

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Self-Driving Tech Company Pony.ai Considers Going Public
Self-Driving Tech Company Pony.ai Considers Going Public
June 25, 2021  |  IPO

Pony.ai, a self-driving tech firm backed by Toyota, is mulling going public to help finance its goal of commercializing driverless ride-hailing, Reuters reported on Friday...

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High Demand For Used Cars Drives CarMax To Record Quarter
High Demand For Used Cars Drives CarMax To Record Quarter
June 25, 2021  |  Retail

CarMax, the largest used car dealership chain in the U.S., is seeing a bright future, reporting record quarterly results amid the company’s push to expand...

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Outdoorsy Raises $120 Million As RV Rentals Soar
Outdoorsy Raises $120 Million As RV Rentals Soar
June 24, 2021  |  Investments

RV rental and outdoor rental marketplace Outdoorsy has raised $120 million in equity and debt financing, a press release says. Get the Full Story Complete...

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