Tag: auto finance

Consumer Portfolio Services, one of the few subprime auto financiers to have survived the 2008 credit crisis, will likely be ...

Bank of America has tapped the Federal Reserve's March 27 option to defer estimated capital impact under current expected credit loss ...

The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...

Dealers may not have the financial stability to repay floorplan credit lines as the COVID-19 economic crisis collapse vehicle sales ...

Daimler Mobility is tightening its origination volume as its parent Daimler AG shifts gears to full cash-preservation mode, said Harald ...

Santander Consumer USA has expanded its online financing via a freshly inked multiyear agreement with Vroom, the companies announced today.   The partnership ...

Toyota Motor Corp. is laying off about 5,000 temporary staff employed by partner agencies as it extends the shutdown of ...

Increased loss reserves from Current Expected Credit Losses (CECL) requirements, and the resulting transparency required from auto lenders, could ease ...