Tag: covid19

Following a decade of continuous job creation that boosted the financial standing of all consumers — especially those with subprime ...

Captive finance companies are eating up market share for new-vehicle financing as a result of aggressive 0% APR financing incentive ...

The coronavirus pandemic spurred powersports sales in the second quarter, but inventory woes continue to plague the industry.   Many powersport vehicle dealers saw ...

The coronavirus spurred one of the worst periods for vehicle sales in markets across the globe. When the COVID-19 virus ...

Wholesale used-vehicle values have continued to outpace past reporting periods, evidenced by a spike to 155.9 in Manheim’s mid-July used-vehicle ...

In late February, the financial department at Westlake Financial Services noticed something interesting: A few key words kept resurfacing during ...

Truist Bank continues to accrue for potential loan losses as the country faces the coronavirus economic crisis.   Truist’s provision for credit losses totaled $844 million “given ...

U.S. Bank’s second quarter was marked by a 74% increase from last quarter in credit loss provisions, a decrease in auto lending, and low delinquency ...