Tag: auto finance

Eight major banks tightened auto loan underwriting standards in the first quarter, according to the Federal Reserve’s Senior Loan Officer ...

Auto loan applications dropped 52% between the first and last week of March, with the COVID-19 economic crisis muting auto ...

Volkswagen Financial Services reported a drop in originations in North America, even though “the region didn’t experience the effects of the ...

In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...

Nissan Motor Co. warned that it expects to post a loss for the just-ended fiscal year, becoming the latest global ...

General Motors has extended $3.6 billion under its three-year revolving credit line to April 2022, just one week after renewing ...

Capital One Financial Corp. has set aside $2.1 billion in reserve for its auto portfolio amid a 45% year-over-year decline ...

With the coronavirus pandemic changing the face of how companies do business, lenders are trying to find new, innovative approaches ...