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How More Auto Lenders Are “Pledging” Electronic Loan Assets

AutoSuccessOnline

One such method that has gained significant traction, particularly in the auto loan sector, is the practice of pledging electronic originated assets to the Federal Reserve. The Federal Reserve Banks are rapidly adapting to the shift to electronic creation. On one hand, electronic assets offer greater efficiency and ease of management.

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Four dead after being trapped inside burning Tesla

CarExpert

A fiery crash that killed four occupants of a Tesla Model Y in Canada has brought the company’s reliance on electronically opening doors to light once again, after the deceased were reportedly trapped in the burning car. 100s of new car deals are available through CarExpert right now. Browse now. He was trapped inside for 14 hours.

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What’s Still Needed To Truly Maximize Digital Deal Jackets

Dealer World

Today's leading auto retailers widely recognize the significance of digital deal jackets in their operations. These comprehensive electronic records have transformed legacy dealership processes, covering all aspects of vehicle sales. This disconnect not only slows down the sales process but also introduces unnecessary security risks.

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Waymo reportedly considering Hyundai Ioniq 5 for robotaxis

Motor Authority

Waymo already has a deal with Geely-owned Zeekr for the supply of electric minivans, but Reuters, citing South Korea's Electronic Times, reported on Thursday that the Alphabet-owned company is in talks with Hyundai over a.

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The Missing Ingredient with Today’s Digital Deal Jackets

AutoSuccessOnline

Today’s leading auto retailers widely recognize the significance of digital deal jackets in their operations. These comprehensive electronic records have transformed legacy dealership processes, covering all aspects of vehicle sales. Why This Trend is So Alarming This is why its a missing ingredient today.

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Lexus NX recalled

CarExpert

“Due to a programming issue, the Adaptive High Beam System (AHS) LED units (high beam) and AHS ECUs (Electronic Control Unit) may incorrectly detect the signals for switching from low beam to high beam,” the company says in its recall notice. ” 100s of new car deals are available through CarExpert right now. .

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Mitsubishi And Foxconn Explore Partnership For EVs

Carscoops

Just days after reports emerged that Taiwanese contract manufacturer Foxconn was close to finalizing deals with two Japanese automakers, unnamed sources report that Mitsubishi is one of the firms involved. If the deal goes through, it could mark a major shift, with Mitsubishi potentially outsourcing EVs production to Foxconn.