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Nissan’s COO pledges focus on cash as outbreak slams carmakers

Nissan Motor Co.’s priority is to conserve cash while making better use of its assets instead

Bank of America defers ‘tens of thousands’ of auto loans

Bank of America’s auto division has deferred “tens of thousands” of auto loans since first implementing

Honda, Nissan to stop paying furloughed workers at US plants

Honda Motor Co. and Nissan Motor Co. will temporarily stop paying workers laid off from their

CECL reporting adds transparency for investors

Increased loss reserves from Current Expected Credit Losses (CECL) requirements, and the resulting transparency required from

CarMax pumps brakes on expansion, bolsters liquidity

CarMax has scaled back extensively to ensure its financial position amid the coronavirus epidemic, after finalizing

COVID-19: Auto finance faces the global pandemic [FEATURE]

Editor’s note: This article first appeared in the April edition of the magazine, available now. After

Chase virtual sessions up 5x since COVID-19 outbreak

JPMorgan Chase has executed almost 150,000 concurrent virtual sessions in the past few weeks which, according

American Honda Finance liquidity at risk if capital markets dry up

American Honda Finance Corp.’s heavy reliance on capital markets for funding and liquidity could spell trouble

Credit Union Auto Lending Surges

David Thompson

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