Capital & Funding
The Impact of COVID-19 on U.S. Auto-Related ABS
Ratings and credit performance Findings from S&P’s loan-level analysis of COVID-19-related extensions Recent changes in credit enhancement levels and collateral...
NMAC to extend 0% financing offers into 2021
With capital costs low and new models coming to market, Nissan Motor Acceptance Corp. will extend its 0% financing well...
Capital markets and funding trends leading into 2021
How has the securitization market changed since the pandemic? An update on spreads and access to funds Trends in overcollateralization,...
Chase Auto secures renewal of Subaru financing arrangement
Chase Auto and Subaru Motors have extended their private-label financing arrangement. Chase Auto has served as the exclusive auto finance...
Ford shares surge on optimism about new bosses and models
Shares of Ford Motor Co. surged on optimism about its new leadership and earnings potential from new models such as the Bronco sport-utility...
BREAKING: Auto fintech eyes CPS acquisition
Auto Experience, an auto finance fintech helmed by industry veteran Samuel Ellis, announced this morning its intent to acquire Consumer...
Ally Financial boosts Carvana’s credit line, again
Ally Financial has once again added $1 billion to Carvana’s line of credit, putting the two companies’ purchase agreement at...
Father, son used-car sellers get $5B richer in a day
Carvana Co. has yet to post a quarterly profit since going public in 2017, but it’s made Ernie Garcia II...
