This month s seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 16.2 million, bouncing back from 12.1 million SAAR in May 2020 . Excluding fleet sales, TrueCar expects U.S.
socaltech.com
NXCR has named a new Chief Technology Officer this morning, saying it has added
Martin Prescher to oversee its engineering and data teams. Prescher previously was at PwC, and also had served as Chief Technology Officer at AutoGravity. According to NXCR, Prescher s role at PWC was leading its banking and automotive innovation and technology center, developing bespoke software solutions and go-to-market strategies for consumer finance, retail banking and automotive companies. NXCR is the latest automotive startup led by automotive veteran Scott Painter, who most recently was at Fair.
DBusiness Magazine
Alliance with Troyâs J.D. Power to Boost NXCRâs Vehicle Info Subscription App
J.D. Power, the Troy-based consumer insights, advisory services and data and analytics firm, has formed an alliance with California fintech and insurtech vehicle subscription platform NXCR to bring J.D. Powerâs proprietary data solutions, vehicle valuations, and consumer insights to NXCRâs service.
J.D. Power has formed a strategic alliance with NXCR to enhance NXCRâs subscription vehicle information service. // Photo courtesy of NXCR
J.D. Power, the Troy-based consumer insights, advisory services and data and analytics firm, has formed an alliance with California fintech and insurtech vehicle subscription platform NXCR to bring J.D. Powerâs proprietary data solutions, vehicle valuations, and consumer insights to NXCRâs service.
socaltech.com
Santa Monica-based
NXCR ,the subscription vehicle startup led by auto- and startup-veteran Scott Painter, and auto analytics company
J.D. Power announced on Wednesday that the two companies are in a strategic alliance, which will link J.D. Power s data solutions, vehicle valuations, and consumer insights into NXCR s vehicle subscription service. Financial details of the strategic alliance were not annouced. NXCR will use J.D. Power s data for comprehensive dataset for vehicle valuations, residual value forecasts and insights on consumer preferences and experiences, according to Painter. Scott Painter was the founder of TrueCar, CarsDirect, and Fair.com. NXCR quitely raised $30M in funding back in February.