Weekly Wrap: COVID-19 pressures used market, ABS deals [Video] | Auto Finance News | Auto Finance News

Weekly Wrap: COVID-19 pressures used market, ABS deals [Video]

© Can Stock Photo / welcomia

This week, the potential bankruptcy news of rental car conglomerate Hertz shook the industry as the liquidation of its fleet, combined with an influx of off-lease vehicles, could flood the used-vehicle market. Hertz has until May 22 to come to an agreement with its lenders to potentially work out additional financing solutions, or restructuring, for […]

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