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BMO exiting retail auto finance trade

Baua Electric

The Store of Montreal is exiting the retail auto finance trade, because it seems to redeploy sources to farmlands the place its “competitive positioning is strongest.” The Montreal-based lender will stop making client car loans, however proceed providing financing for sellers, BMO spokesperson Jeff Roman showed Sept.

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Police: Finance supervisor scammed consumers

Baua Electric

A former finance supervisor at an AutoNation dealership in Florida scammed consumers out of just about $180,000 in money they gave him for cars that he by no means produced, police say. ” The post Police: Finance supervisor scammed consumers appeared first on Bauaelectric Auto News.

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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

Green Car Congress

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV.

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For fleet consumers, Ford Professional FinSimple is ‘one-stop store’

Baua Electric

Along with industrial cars such because the F-150 or Transit, Ford Professional deals fleet consumers financing via Ford Professional FinSimple, a part of a push to develop into a one-stop store for trade homeowners. However, to me, the actual win for the client is the one-stop store. It’s now not simply cars anymore.

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Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

Herein lies the critical role of batteries: they serve as a bridge between energy production and consumption, storing excess energy during peak production periods and releasing it when needed to ensure a stable and reliable energy supply.

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CoBank report suggests self-driving vehicles could easily overwhelm current data center market

Green Car Congress

The more likely scenario is a gradual adoption as auto manufacturers’ move up the autonomous driving scale (1-5), starting with commercial applications before moving on to consumer use. In 2020, globally we stored just under 3% of all data created, with a total storage capacity of 2.1ZBs. 4% of the datasphere would be stored.

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The Six People You Meet In the Car Business

The Truth About Cars

Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. Perry would never last long at a store because he possessed an ability to p**s off every one of his co-workers and managers.

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