China’s rebound signals hope for US auto market
As the U.S. auto market continues to be hammered by the coronavirus economy, the “speed...
JD Power: Long-term loans doubled from last year
Longer-term loans, especially 84-month loans, are gaining popularity with consumers as the auto market sees...
Can leases cure the carbuying market?
With April vehicle sales in free fall, carmakers have been playing the 0% financing card,...
Cruise laying off almost 8% of staff in setback for self-driving firm
Cruise, the self-driving car unit majority owned by General Motors Co., is laying off almost...
Weekly Wrap: COVID-19 economy puts pressure on residual values [VIDEO]
The coronavirus economy and weaker consumer demand have created substantial risk for used vehicles as...
Hertz and Avis cancel orders in setback for ailing carmakers
Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been...
GMF has $3.7B for potential residual value declines
GM Financial is gearing up for potential losses on off-lease residual values as the extent...
GM bolsters liquidity with extended $3.6B credit line
General Motors has extended $3.6 billion under its three-year revolving credit line to April 2022,...
