Ally Financial has set aside $2.8 billion in retail auto reserves, a $1.8 billion year-over-year increase, as the COVID-19 crisis ...

General Motors has renewed its $1.95 billion, 364-day revolving credit facility for the “exclusive” use of its captive finance arm ...

The Manheim used-vehicle value index plummeted 11.8% for the first 15 days of April compared to March, according to a ...

General Motors Co. and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used-vehicle ...

Citizens Bank and U.S. Bank are the latest financial institutions to set aside additional capital in anticipation of increased credit ...

Ford Motor Co. is taking its first drive through the high-yield market in years, looking to shore up liquidity after ...

Auto lenders with the highest volume of loans outstanding in California, Texas and Florida are the most exposed to future ...

This week kicked off first-quarter earnings season with JPMorgan Chase, Wells Fargo, Bank of America, and Consumer Portfolio Services reporting ...