Tag: Coronavirus

This week, news of a 4.8% contraction in the nation’s gross domestic product in the first quarter signaled a recession ...

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 ...

Millions more Americans filed for unemployment benefits last week, sending the six-week total above 30 million since the coronavirus pandemic ...

Daimler Mobility has increased its provisions for credit risk by $487.3 million during the first quarter in anticipation of an ...

After pulling “every appropriate lever” to bolster its liquidity, Ford Motor Co. and Ford Motor Credit hold $35.1 billion and ...

The record-long U.S. economic expansion is over after almost 11 years, with the deepest recession in at least eight decades ...

COVID-19 has “dramatically changed” Harley-Davidson’s business and strategic plan, said Jochen Zeitz, acting president and CEO of the motorcycle manufacturer, ...