Auto Finance Risk Summit goes virtual

• Auto Finance News
• March 30, 2020
• Auto Finance Risk Summit, Capital Markets, Credit Performance, Risk Management

While the auto lending and leasing industry looks to navigate through the uncertainty created by...

Ford Credit, GMF stocked with +$54B of liquidity, JP Morgan reports

• JJ Hornblass
• March 30, 2020
• Capital Markets, Credit Performance, Earnings, Risk Management

Ford Motor Credit Co. and GM Financial have more than $54 billion of liquidity, JP Morgan...

Toyota to temporarily halt all plants in Europe because of virus

• Bloomberg News
• March 30, 2020
• Bloomberg, Risk Management

Toyota Motor Corp. will temporarily halt production in Russia, extending the automaker’s list of European...

Auto lenders avoid significant layoffs in Texas

• Joey Pizzolato
• March 27, 2020
• Risk Management

Most auto lenders with major operations in Texas have not yet reported significant layoffs in...

Fitch: Auto ABS outlook negative

• Nicole Casperson
• March 27, 2020
• Capital Markets, Risk Management

The performance of auto loan and lease ABS deals has been revised to negative from...

Jaguar owner to spin off cars unit to seek strategic allies

• Bloomberg News
• March 27, 2020
• Bloomberg, Risk Management

Tata Motors Ltd., the Indian owner of Jaguar Land Rover, plans to separate its cars...

GM delays models and cuts executive pay in cash-saving moves

• Bloomberg News
• March 26, 2020
• Bloomberg, Risk Management

General Motors Co. is freezing work on new-vehicle programs and deferring pay for white-collar staff...

Remote living drives car sales to crisis levels

• Marcie Belles
• March 26, 2020
• Risk Management, Sales & Marketing

When the global financial system crashed back in 2007, auto lenders described the situation as...