Tag: Fitch Ratings

All of Hertz’s $6.04 billion outstanding asset-backed lease securitizations were downgraded by Fitch Ratings today, further spurring concerns that the ...

Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...

Ford Motor Credit increased its excess spread by 42 basis points in its latest asset-backed securitization issued this week, according ...

Major automakers have reported sales declines of up to 54% for April alone, according to monthly sales figures released by ...

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

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

Santander Consumer USA’s total funding and liquidity is likely to sustain the subprime lender through the COVID-19 economic crisis. SCUSA ...

The performance of auto loan and lease ABS deals has been revised to negative from stable due to coronavirus concerns, ...