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Harley-Davidson shares jump as new CEO’s turnaround delivers revenue beat
Harley-Davidson Inc. shares jumped by almost 30% on better-than-expected profit as Chief Executive Officer Jochen Zeitz’s moves to cut costs...
CPS ups credit loss provisions, originations
Consumer Portfolio Services has added to its provision for credit losses and logged increased delinquency rates in the third quarter....
Fiat-Peugeot tie-up headed for EU antitrust approval
Fiat Chrysler Automobiles NV and PSA Group are headed for European Union antitrust approval for their plans to create the...
Capital One releases $79 million in auto allowance
Strong auto loan performance and rising used-vehicle values spurred Capital One to reduce its consumer banking allowance coverage ratios in...
Daimler raises earnings forecast on China auto sales rebound
Daimler AG improved its full-year profit forecast after earnings bounced back last quarter as it posted robust sales in China...
Weekly Wrap: Industry pushes forward with cautious optimism
This week, the Auto Finance Summit was in full swing, and a resounding theme among executives in the industry was...
Residual values expected to remain high in 2023
Economic recovery, coupled with a lack of used-vehicle supply, could keep residual values high for the next three years. “When...
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...
