BMW dealers to tap into fund for EV costs

BMW dealers to tap into fund for EV costs https://ift.tt/3uME2Tz

The cost of installing electrification hardware at BMW's 349 U.S. dealerships will be covered by an existing retailer-funded program.

Loan-to-value ratios rise in Q1

Loan-to-value ratios rise in Q1 https://ift.tt/2SRReJH

Credit bureau Experian anticipates even higher loan-to-value ratios in the second quarter, driven up by high transaction prices amid the chip shortage.

Experian expands employment services with new tool

Experian expands employment services with new tool https://ift.tt/3ccQky0

Verified income and employment have become more critical than ever in areas outside mortgage, where those items have been required for years, largely because of the coronavirus pandemic.

CarMax wants to hire 1,800 for vehicle prep work

CarMax wants to hire 1,800 for vehicle prep work https://ift.tt/3g2olCu

The company said it is partnering with job search site Indeed to hold career events this month while also accepting virtual applications.

Hackers are playing by new rules, and dealerships' defenses aren't ready

Hackers are playing by new rules, and dealerships' defenses aren't ready https://ift.tt/3fDs4HC

Cybercriminals are launching more sophisticated attacks, and while dealerships have made progress in protecting their networks, they remain vulnerable.

7-Eleven to install EV fast chargers at 250 N.A. stores

7-Eleven to install EV fast chargers at 250 N.A. stores https://ift.tt/34DZYFH

The convenience chain's plans underscore the ongoing market challenge in the transition to EVs: consumer range anxiety.