automotive

Digital Car Insurer Metromile To Go Public Through Merger With INSU II

Digital Car Insurer Metromile To Go Public Through Merger With INSU II
Digital Car Insurer Metromile To Go Public Through Merger With INSU II
November 24, 2020  |  IPO

Digital auto insurer Metromile plans to go public by merging with publicly traded INSU II (Nasdaq: INAQ), a special purpose acquisition entity sponsored by Cohen...

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GM’s OnStar Cruises Into Car Insurance Market
GM’s OnStar Cruises Into Car Insurance Market
November 18, 2020  |  Data & Research

General Motors is moving into the car insurance market with its OnStar brand, promising lower flexible rates for drivers who demonstrate safe habits behind the...

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Uber May Sell Self-Driving Car Unit To Rival Aurora Innovation, Report Says
Uber May Sell Self-Driving Car Unit To Rival Aurora Innovation, Report Says
November 15, 2020  |  Partnerships

Uber may sell its autonomous vehicle unit Uber Advanced Technologies Group (UberATG) to a competitor, startup Aurora Innovation, according to a news report. Get the...

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Consumers’ Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers
Consumers’ Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers
November 13, 2020  |  Retail

Given that 90 percent of new car purchases and half of used car purchases are financed, it’s no surprise that the lifestyle changes and digital...

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No Money Down: Car Manufacturers Continue To Add Subscription Options
No Money Down: Car Manufacturers Continue To Add Subscription Options
November 10, 2020  |  Subscriptions

Whether it’s urban flight, working from home or avoiding mass transportation, the lifestyle changes brought on by the global pandemic are having an enormous impact...

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Auto Sales In China Up For Fourth Month
Auto Sales In China Up For Fourth Month
November 09, 2020  |  Cross-border Payments

Sales of cars in China posted a big gain in October, offering a bright spot for the still recovering global auto sector, with electric vehicles...

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Getaround Car-Sharing Tech Disrupts Car Ownership
Getaround Car-Sharing Tech Disrupts Car Ownership
November 06, 2020  |  Innovation

In a world that’s home to one billion cars that sit unused the majority of the time, the concept of sharing a vehicle only when...

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The Resilience Of Subscription Commerce And Auto Sales 
The Resilience Of Subscription Commerce And Auto Sales 
November 04, 2020  |  Today In Data

The automotive market is surging amid COVID-19, and companies such as Carvana are reaping the benefits. Carvana has been an innovator in the space, with its high-profile vending...

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