Tag: Coronavirus

The coronavirus outbreak has resulted in an economic recession spurred by shelter-in-place orders that have shuttered doors for nonessential businesses, ...

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

JPMorgan Chase and Wells Fargo are stockpiling reserves in the expectation of increased credit losses as a result of the ...

The auto industry -- already fretting lengthy factory shutdowns and depressed new-vehicle demand -- is starting to sound the alarm about a ...

The coronavirus pandemic could put strain on Santander Consumer USA’s financing alliance with Fiat Chrysler Automobiles, according to filings with ...

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

As the new-vehicle sales forecast plummets to 10.7 million units, consumers show no sign of renewed confidence in the short ...

AutoNation Inc. granted Chief Executive Officer Cheryl Miller a leave of absence for health reasons and said its long-time former ...