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Nicole Casperson and Joey Pizzolato
  • 3:33 pm

Auto Finance Technology sponsored by InformedIQ

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News Feed

Santander ramps up reserves by $2.5B

Santander Consumer USA has increased its allowance for credit losses by $2.5 billion due to Day

  • Nicole Casperson and Joey Pizzolato
  • April 28, 2020

Nissan warns of losses, delays earnings report due to pandemic

Nissan Motor Co. warned that it expects to post a loss for the just-ended fiscal year,

  • Bloomberg News
  • April 28, 2020

Cost of funds rise for HCA as access to capital shrinks

Hyundai Capital America’s lack of diverse funding sources could limit the captive’s financial flexibility as the

  • Nicole Casperson and Joey Pizzolato
  • April 27, 2020

GM bolsters liquidity with extended $3.6B credit line

General Motors has extended $3.6 billion under its three-year revolving credit line to April 2022, just

  • Nicole Casperson
  • April 27, 2020

Cap One holds $2B for losses as dealer volume falls 45%

Capital One Financial Corp. has set aside $2.1 billion in reserve for its auto portfolio amid

  • Nicole Casperson
  • April 24, 2020

Weekly Wrap: Banks stock up on capital, vehicle values plummet [Video]

In the second week of first-quarter earnings season, Ally Financial reported the addition of $2.8 billion

  • Joey Pizzolato
  • April 24, 2020

3 ways to leverage digital initiatives

With the coronavirus pandemic changing the face of how companies do business, lenders are trying to

  • Shaimaa Elk
  • April 24, 2020

Toyota Financial holds cash in excess of funding needs

Toyota Financial Services’ funding sources mirror that of its OEM’s product mix, providing “more resilient free

  • Nicole Casperson and Joey Pizzolato
  • April 23, 2020

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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