Archives
Daimler Projects ‘Significant’ 1Q Loss
German carmaker Daimler AG announced yesterday that it would post a "significant" loss for the first quarter. Daimler cited declining...
Big Three Slash Interest Rates
The interest rates charged on auto loans originated by General Motors, Ford, and Chrysler had their largest one-month drop in...
Cracking the Consumer Confidence Code
For some time, lenders, dealers, and industry experts have been pointing to a lack of consumer confidence as the main...
Exhibit Hall Sold Out at Auto Finance Risk Summit
For the second consecutive year, the exhibit hall at the Auto Finance Risk Summit has completely sold out. This year's...
Lazenby Signs on as Risk Summit Sponsor; Exhibit Hall Nearly Sold Out
Lazenby & Associates has signed on as a sponsor of the upcoming Auto Finance Risk Summit. This marks the second...
GMAC Jumps Back into Subprime
It's back to the past for GMAC LLC, as the finance company resumes making subprime loans. GMAC Financial Services said...
Drop Dead Day
Well, we were ready to go to “press” with a piece on the wholesale market and auctions, when “Drop Dead”...
Say Ah: GMAC CDS Spreads Widen Way Out
GMAC LLC CDS spreads widened considerably today to 1,847.45 basis points, an increase of 241.69 basis points, or 15.05%. (See...
