Tag: earnings

Volkswagen Financial Services reported a drop in originations in North America, even though “the region didn’t experience the effects of the ...

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 ...

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

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 ...

Fifth Third Bank has set aside an additional $129 million in reserve for its indirect consumer loans, which consist predominantly ...

Ally Financial has set aside $2.8 billion in retail auto reserves, a $1.8 billion year-over-year increase, as the COVID-19 crisis ...