Consumer financial hardship soars in April
The number of consumers considered to be in “financial hardship,” or 30 days past due on their auto loans, spiked ...
Search Results for 'Ford Credit'
No Result
Auto industry firms raise $155 billion to weather virus pandemic
Automotive industry borrowers have raised $155 billion amid the coronavirus outbreak as the pandemic shutters showrooms and factories. Companies worldwide ...
Fiat in talks over $6.8 billion Italian state-backed loan
Fiat Chrysler Automobiles NV and Italy’s Intesa Sanpaolo SpA are negotiating a state-backed credit line of as much as 6.3 ...
JD Power: Long-term loans doubled from last year
Longer-term loans, especially 84-month loans, are gaining popularity with consumers as the auto market sees its sixth straight week of ...
Can leases cure the car-buying market?
With April vehicle sales in free fall, carmakers have been playing the 0% financing card, offering interest-free payments for as ...
Big Wheels: Outstandings hit record $1.2T despite slowdown
The auto finance market eked out 4.6% in growth in 2019, as loan and lease outstandings hit an all-time high ...
GMF has $3.7B for potential residual value declines
GM Financial is gearing up for potential losses on off-lease residual values as the extent of the COVID-19 economic crisis’ ...
S&P: Payment extensions spike in March
Auto loan extensions spiked in March in one of the first tangible effects the COVID-19 pandemic has had on the ...
