By Michael A. Benoit Many financial institutions and creditors around the country have spent the past six months working diligently ...

The automotive industry is caught in a chicken-and-egg cycle: The economy is contracting, which is driving down consumer confidence and, ...

World Omni Financial Corp. President Brent Burns has been named executive vice president and chief financial officer of parent company ...

Steven Lambert, president and chief executive of Nissan Motor Acceptance Corp., was installed in late October as chairman of the ...

• AmeriCredit Corp. is canceling its senior notes, instead issuing 15.1 million shares to shareholder Fairholme Funds Inc. Fairholme currently ...

The auto lending shakeout is worsening as the pace of financier closings and curtailments quickens. In the past week, newbie ...

Even though sales are down by as much at 30%, don't look for any of the super-luxury carmakers to begin ...

A handful of bipartisan senators are scurrying to hammer out a bill that would reallocate funds from an initial $25 ...