Tag: auto finance

More than 4 million Americans applied for unemployment benefits last week, bringing the five-week total during the coronavirus pandemic to ...

Nicholas Financial has furloughed 40 employees — or 15% of its workforce —  in response to the COVID-19 crisis, according ...

Regulatory uncertainty remains one of the most significant challenges to finance companies that want to develop creative and innovate products ...

Fifth Third Bank has set aside an additional $129 million in reserve for its indirect consumer loans, which consist predominantly ...

General Motors is shutting down its car-sharing service Maven just one month after suspending operations due to the impact of ...

Credit Acceptance Corp. has suspended its first-quarter earnings report due to the “adverse impact” the COVID-19 crisis has had on ...

Ally Financial has set aside $2.8 billion in retail auto reserves, a $1.8 billion year-over-year increase, as the COVID-19 crisis ...

General Motors has renewed its $1.95 billion, 364-day revolving credit facility for the “exclusive” use of its captive finance arm ...