Earnings
Demand Outstrips Supply in TMCC’s Latest ABS Deal
MIAMI — Toyota Motor Credit Corp. was oversubscribed on its August $1.3 billion asset-backed securitization, due to greater investor demand,...
Santander Restates Financial Statements, Predicts 1% Gains
Santander Consumer USA Holdings Inc. announced today in a press release the disclosure of errors within financial statements going back...
Vroom Explores Online Leasing Contracts Post Funding Round
In a sign of increased confidence in Vroom Inc.’s mission to bring used car sales online, the company announced Tuesday...
Spring Tree Auto Lending Expands In Southeast With Credit Line
Daniel P. Galvanoni, Chairman & CEO, DPG Investments, LLC Atlanta, Georgia-based Spring Tree Lending LLC, which buys and services non-prime...
Rifco’s Dealer Network Grows 20% YOY
Rifco National Auto Finance’s dealer network increased 20% year over year to 500 dealers, which prompted its loan originations to grow 17%...
CPS Presells ABS Bonds to Spur Investor Demand
Consumer Portfolio Services Inc. boosted demand for its latest securitization by preselling the lower-rated bonds, Chief Executive Charles Bradley told AFN....
Santander Delays 10-Q Filing, Again
Santander Consumer USA is delaying the filing of its second quarter earning beyond the original August 15, 2016 extended filing...
Arctic Cat Counters Competition with Increased Promotions
Arctic Cat Inc. has been “forced to be more aggressive” with financial promotions this year as the company strives to...
