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How Much of the Used Vehicle Market will Traditional Auto Auctions like Manheim be left with after Disruption?

2019-05-20 18:46:08| AutomotiveDigest.com - Automotive Industry News

Assessment & Analysis of the Current Used Vehicle Market [by Michael Pochan, Lecturer, CEO, Software Engineer and professional educator with Carnegie Mellon credentials.]

Tags: with left auto market

 

U.S. Retail Sales Unexpectedly Fall Amid Weak Auto Purchases

2019-05-15 16:04:00| National Real Estate Investor

U.S. retail sales fell by 0.2 percent in April after a strong month in March.

Tags: auto sales fall retail

 
 

Canadian auto parts maker Hematite to open second U.S. location

2019-05-13 17:57:06| Canadian Plastics Headlines

The Guelph, Ont.-based company is investing US$11.5 million to establish a production facility in Fayetteville, Tenn. The post Canadian auto parts maker Hematite to open second U.S. location appeared first on Canadian Plastics.

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Red Alert: Will AI & Big Data Cause Another Auto Lending Meltdown in the Next Year Propelled by Asset Based Securities Abuse?

2019-05-04 21:57:30| AutomotiveDigest.com - Automotive Industry News

THE CRITICAL SITUATION: Banks and Financial Institutions seem poised to re-create the lending Meltdown of 2008 via a renewed abuse of Asset Backed Securities (ABSs) This Distilled Analysis by Mike Pochan, Industry Analyst & Auto Finance Entrepreneur is alarming Mike proposes a Need for Auto Finance companies and the Industry to ACT with speed and decisiveness. ACTION-ABLES:WHAT TO DO ABOUT IT: Keep it simple; Stop securitizing Sub-prime Credit. Set aside bigger Loss Reserves. The mathematics of the securitization process amplifies losses. Realize that we may be too late. Click & capture the auto funding stats and the core strategic and operational action-ables in this exclusive analysis and assessment The Article <a href="https://automotivedigest.com/wp-content/uploads/2019/05/MIKE-2019-5-03-Ai-and-Auto-Securitization-Chaos.pdf"> <img src="https://automotivedigest.com/wp-content/uploads/2019/05/Auto-Loan-Delinq-450x253.png" alt width="450" height="253" class="aligncenter size-medium wp-image-202566"> <strong><span style="Font-size:150%;">Red Alert: Will AI & Big Data Cause Another Auto Lending Meltdown in the Next Year Propelled by Asset Based Securities Abuse?</span></strong></a> appeared first on Automotive Digest.

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How Blockchain Can Help to Avoid a Repeat of the Subprime Mortgage Crisis in the Auto Market

2019-04-25 03:20:18| AutomotiveDigest.com - Automotive Industry News

FOR AUTO SUB PRIME FINANCE COMPANIES AND FUNDERS: This breakthrough automotive finance application of Blockchain technology may well be a major factor in preventing another sub prime automotive crisis. It is imperative for the automotive finance community for credit unions to banks and and captive finance to adopt this system ASAP. For those attending a forthcoming Digital Asset Conference and drilling down into this release is critical for auto subprime finance management ____________________________________________________________________________________________________________________________ The Article <a href="https://automotivedigest.com/wp-content/uploads/2019/04/Fusion-Blockchain-in-Auto-Finance-.pdf"> <img src="https://automotivedigest.com/wp-content/uploads/2019/04/Blockchain-in-Auto-Fin-450x253.jpg" alt width="450" height="253" class="aligncenter size-medium wp-image-202512"><strong><span style="Font-size:150%;"><a href="https://automotivedigest.com/wp-content/uploads/2019/04/Fusion-Blockchain-in-Auto-Finance-.pdf"><strong><span style="Font-size:150%;"> How Blockchain Can Help to Avoid a Repeat of the Subprime Mortgage Crisis in the Auto Market</span></strong></a></span></strong></a> appeared first on Automotive Digest.

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