Tag: Coronavirus

Ally Financial, one of the largest banks in auto lending with an $80 billion portfolio, has announced its support for ...

As the impact of the COVID-19 pandemic continues to spread, vehicle auction companies are still determining how the virus will ...

Dealers are feeling the pressure of lower sales volumes in March as the negative impact of the COVID-19 pandemic slows ...

Manheim, the auto finance industry’s hub for dealer auction sales, is shuttering its physical auction lanes through April 3 due ...

The U.S. Federal Reserve began the week early, launching a series of stimulus measures on Sunday evening, and it wasn’t alone as ...

Nonbank auto lenders, such as captives and independent financiers, will likely find it harder to secure additional liquidity from capital ...

Auto lenders have been steadily beefing up direct lending initiatives, and the new coronavirus might put their efforts to the ...

All of Wall Street’s eyes are on Washington again, but only Federal Reserve Chairman Jerome Powell is catching its gaze. ...