Remove tag auto industry
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Canoo Aims To Reinvent Electric Vehicles And Subscriptions

PYMNTS

A COVID slump slowed the roll of major automakers and dealers this past spring, with the pandemic causing a 30 percent drop in auto sales to date. And that, in turn, is being challenged by ideas like fractional ownership and, more recently, auto subscriptions. The automotive industry really hasn't caught onto that quite yet.”.

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Samsung Snags Auto Parts Supplier Harman For $8B

PYMNTS

auto parts supplier Harman International Industries Inc. Partnerships and scale are essential to winning over the long term in [the] automotive” industry, Mr. Paliwa noted in his statement on the acquisition — noting that tying in with Samsung gives both firms an edge in the competitive field. for $8 billion in cash.

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Revving The Engine For Digital Licenses

PYMNTS

Think stamped metal translated into bits and bytes, helping to transform a part of the auto industry that has been around for more than a hundred years: license plates. Reviver Auto is also working with another six states. paper check all be transformed along the way? Beyond the technology and the plate lies concept.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

And I got to tell you, we then spun out an auto financing business. And as a CEO today, I have to say that period of my career running the auto finance business was probably the most significant. RITHOLTZ: So Franklin obviously divests out of the banking business, the credit card business, the auto financing business.

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DEEP DIVE: Same-Day Insurance Claims

PYMNTS

trillion insurance industry has continued to rely on legacy methods and processes. Apps And Auto Repairs. Auto glass repair and claims management company Safelite Solutions is looking to smartphone apps and a new partner to offer customers same-day claim disbursements. Despite this urgency for speedier disbursements, the $1.1

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The Difference Makers: Key Person(s) Valuation

Musings on Markets

From Alfred Sloan at General Motors to Jack Welch at General Electric to Steve Jobs at Apple, there is a history of CEOs being tagged as superstars (and indispensable to the organizations that they head), in successful companies. With Tesla, the story is more complicated, but this company has always revolved around Elon Musk.

Valuation 113
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Transcript: John Hope Bryant

Barry Ritholtz

So, one, I was shocked that there was an industry whose job it was to lend a risk taker money. And how is it that you, what’s this car that’s in the parking lot, it’s got plates on it and a tag and it’s brand new. That is, my sport is auto racing, actually. But it was a pretty rare occurrence.