Daimler invests in U.S. vehicle finance app

UPDATED: 2/15/17 9:33 am ET - new story

Daimler is investing double-digit millions of euros in AutoGravity, a financial technology company in Irvine, Calif., that makes a vehicle leasing and financing app for smartphones. The move is part of a broader push by the carmaker to build a digital platform for financial services.

Ally's Q4 net income falls 5.7%

Ally Financial, one of the nation's largest auto-retail lenders, reported a 5.7 percent decline in fourth-quarter net income, to $248 million, as

New-, used-vehicle financing trends converge

Finance trends in the new- and used-vehicle markets are merging, as shown by product announcements and data presented at the American Financial

BMW Group Canada, Reynolds ink DMS agreement
UPDATED: 1/26/17 4:46 pm ET - adds details

BMW Group Canada will convert all of its franchised stores in Canada to Reynolds and Reynolds’ Windows-based ERA-IGNITE dealership management

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