Tag: bloomberg news

PrimaLend Capital Partners filed for bankruptcy after months of negotiations with creditors following missed interest payments on its debt, the ...

Tricolor Holdings’ chaotic collapse and potential double-pledging of autos to creditors sent Fifth Third Bancorp executives on a “house-to-house” search ...

Creditors of PrimaLend, which provides financing to auto dealerships that cater to subprime borrowers, are weighing pushing the firm into ...

General Motors Co. has decided not to offer federal tax credits on electric vehicles that were in transit to dealers ...

General Motors Co., Hyundai Motor Co. and Ford Motor Co. said they would extend discounts on certain electric models after ...

CarMax Inc. shares plunged premarket after the company reported a surprise drop in comparable sales, as buyers had rushed to ...

A decade ago, someone in the market for a new car with less than $25,000 to spend, had 43 different ...

Vietnam’s largest carmaker VinFast Auto Ltd. has secured a $150 million loan from Barclays Plc, as it advances expansion efforts ...