Capital & Funding
Floorplan lenders tweak securitization structures for ABS comeback
Loan- and lease-backed volume resumed in mid-April after the auto securitization market ground to a halt in March, but floorplan...
Vroom prices follow-on offering
Vroom, an online used-car retailer, plans to sell an additional 10.8 million shares of its common stock at $54.50 in...
Tesla to sell as much as $5B of shares after rally
Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a...
Powell’s Fed shifts to more relaxed approach to fight inflation
Federal Reserve Chair Jerome Powell announced a new approach to monetary policy Thursday that takes a more relaxed stance on...
Weekly Wrap: Digital financing, auto ABS and subprime rates
This week, the news cycle was dominated by the Democratic National Convention and former Vice President Joe Biden’s presidential nomination...
Auto ABS: A look at the industry’s golden goose [Feature]
The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto...
Fed ramps up auto bond buying with industry starting to recover
The Federal Reserve’s historic foray into the credit market has benefitted auto companies the most, supporting an industry that’s borrowed its...
Lordstown Motors joins electric-vehicle rush to stock market
Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will...
