COVID-19 | Auto Finance News

Ford Motor Credit’s liquidity will not be impacted by its OEM’s decision this week to increase its cash flow position ...

Financiers should prepare for added SCRA claims

byRobert Savoie

March 20, 2020

As the COVID-19 virus pandemic evolves, certain more specific effects are becoming more likely. One of these may result in ...

Nissan responds to pandemic with customer aid

byNicole Casperson and Joey Pizzolato

March 19, 2020

Nissan Motor Co. and its finance arm, Nissan Motor Acceptance Corp., are the latest to announce their COVID-19 customer relief ...

Toyota Financial: Floorplan relief is coming

byNicole Casperson and Joey Pizzolato

March 19, 2020

Toyota Financial Services has announced its relief options for new, current and dealer customers negatively impacted by COVID-19 pandemic, the ...

Honda, BMW suspend production due to decline in demand

byJoey Pizzolato

March 18, 2020

The automotive industry is at risk of high exposure due to fallout from COVID-19, according a Moody's Investors Service report ...

Ally Financial offers relief as pandemic impact worsens

byNicole Casperson

March 18, 2020

Ally Financial, one of the largest banks in auto lending with an $80 billion portfolio, has announced its support for ...

Auction values uncertain amid market turbulence

byMatthew Wood

March 18, 2020

As the impact of the COVID-19 pandemic continues to spread, vehicle auction companies are still determining how the virus will ...

OEM incentives trickle in as dealers feel sales pressure

byNicole Casperson

March 17, 2020

Dealers are feeling the pressure of lower sales volumes in March as the negative impact of the COVID-19 pandemic slows ...

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Search Results for 'COVID-19'

Ford Credit capital stable despite OEM’s maxed out credit

Financiers should prepare for added SCRA claims

Nissan responds to pandemic with customer aid

Toyota Financial: Floorplan relief is coming

Honda, BMW suspend production due to decline in demand

Ally Financial offers relief as pandemic impact worsens

Auction values uncertain amid market turbulence

OEM incentives trickle in as dealers feel sales pressure

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