automotive

Ferrari Leadership Reorg to Focus on Innovation, Digital,  New Tech
Ferrari Leadership Reorg to Focus on Innovation, Digital, New Tech
December 20, 2021  |  Personnel

Ferrari is debuting a new corporate structure in January to bolster its operations, the company announced Monday (Dec. 20). New CEO Benedetto Vigna has already...

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Carvana Could Lose Florida Dealer License
Carvana Could Lose Florida Dealer License
December 20, 2021  |  Retail

Florida officials could soon suspend used car retailer Carvana’s dealer license after increasing issues with title transfers, Seeking Alpha reported Monday (Dec. 20). The Florida...

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Electric Vehicle Manufacturer Expects Recurring Revenue From Connected Services
Electric Vehicle Manufacturer Expects Recurring Revenue From Connected Services
December 20, 2021  |  Commerce Connected

Electric vehicle manufacturer Rivian says its vehicles will come with connected services that address the entire lifecycle of the vehicle, deepen its customer relationships and provide recurring monthly subscription revenues. These...

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Embedded Insurance Streamlines Auto Refinancing Experience for Consumers
Embedded Insurance Streamlines Auto Refinancing Experience for Consumers
December 16, 2021  |  Insurance

In the markets for new and used cars, costs are up and discounts are down. On the recent Black Friday, discounts were at record lows....

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Paytm Broadens Services to Include Auto, Furniture Rentals
Paytm Broadens Services to Include Auto, Furniture Rentals
December 16, 2021  |  Retail

Recognizing that rent payments can take on various forms, Indian digital payments startup Paytm has broadened its rent payment services to encompass new categories such...

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Toyota Backs Electric Vehicle Endeavors With $35B
Toyota Backs Electric Vehicle Endeavors With $35B
December 14, 2021  |  Transportation

Toyota, one of the world’s biggest carmakers, is planning to invest $35 billion to create a full lineup of 30 battery-powered electric vehicles by 2030...

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Toyota Drivers Must Pay up for Remote Start
Toyota Drivers Must Pay up for Remote Start
December 14, 2021  |  Subscriptions

Toyota has apparently entered the automotive subscription world with a new feature that ties the remote start functionality on drivers’ key fobs to a larger...

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High-Tech Vehicle Spinoff Parade Continues as Harley-Davidson Lists Electric Motorcycle Unit
High-Tech Vehicle Spinoff Parade Continues as Harley-Davidson Lists Electric Motorcycle Unit
December 13, 2021  |  SPAC

Headed into the end of the year, a series of announcements tied to “next generation” vehicles show the appeal of spinoffs, SPACs, and the desire...

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Porsche, Jaguar Help Fuel BNPL Car Repair Startup Bumper’s $12M Series A
Porsche, Jaguar Help Fuel BNPL Car Repair Startup Bumper’s $12M Series A
December 13, 2021  |  Investments

Bumper, a British buy now, pay later (BNPL) startup that helps people pay for car repairs, has raised $12 million with the help of a...

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