Tag: Coronavirus

Santander Consumer USA has increased its allowance for credit losses by $2.5 billion due to Day 1 CECL impacts and ...

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

Hyundai Capital America’s lack of diverse funding sources could limit the captive’s financial flexibility as the cost for debt funding ...

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 ...

In the second week of first-quarter earnings season, Ally Financial reported the addition of $2.8 billion to its retail auto ...

Toyota Financial Services’ funding sources mirror that of its OEM’s product mix, providing “more resilient free cash flow,” according to ...

The auto asset-backed securities market has seen a revival in the last week after nearly a month of no new ...