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Extended loan terms ramp up risk in Honda ABS

American Honda Finance Co.’s latest transaction — its second of the year — is not insulated

  • Nicole Casperson and Joey Pizzolato
  • May 15, 2020

Weekly Wrap: COVID-19 pressures used market, ABS deals [Video]

This week, the potential bankruptcy news of rental car conglomerate Hertz shook the industry as the

  • Nicole Casperson
  • May 15, 2020

China’s rebound signals hope for US auto market

As the U.S. auto market continues to be hammered by the coronavirus economy, the “speed and

  • Nicole Casperson
  • May 14, 2020

Can leases cure the car-buying market?

With April vehicle sales in free fall, carmakers have been playing the 0% financing card, offering

  • Marcie Belles
  • May 14, 2020

Cruise laying off almost 8% of staff in setback for self-driving firm

Cruise, the self-driving car unit majority owned by General Motors Co., is laying off almost 8%

  • Bloomberg News
  • May 14, 2020

VW, Ford forge ahead with technology sharing to save costs

Volkswagen AG and Ford Motor Co. are pushing ahead with plans to team up on electric

  • Bloomberg News
  • May 14, 2020

US jobless claims in millions again, higher than expected

The number of Americans seeking unemployment benefits remained in the millions for an eighth straight week

  • Bloomberg News
  • May 14, 2020

American Credit Acceptance faces pressure in ABS deal

American Credit Acceptance’s latest subprime asset-backed securitization provides a glimpse into the pricing pressure lenders face

  • Nicole Casperson and Joey Pizzolato
  • May 13, 2020

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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