Harley-Davidson moves to bolster its liquidity
Harley-Davidson took additional steps to bolster its liquidity standing this week with a new, $350 million 364-day credit facility, according ...
Tag: liquidity
Auto industry firms raise $155 billion to weather virus pandemic
Automotive industry borrowers have raised $155 billion amid the coronavirus outbreak as the pandemic shutters showrooms and factories. Companies worldwide ...
Fiat in talks over $6.8 billion Italian state-backed loan
Fiat Chrysler Automobiles NV and Italy’s Intesa Sanpaolo SpA are negotiating a state-backed credit line of as much as 6.3 ...
![Leveraging Liquidity: Lenders brace for the coronavirus recession [Feature]](https://www.autofinancenews.net/wp-content/uploads/2020/05/Cover-art-zoomed-in-scaled.jpg)
Leveraging Liquidity: Lenders brace for the coronavirus recession [Feature]
Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...
Volkswagen Financial revenue up despite origination drop
Volkswagen Financial Services reported a drop in originations in North America, even though “the region didn’t experience the effects of the ...
Ford Credit bolsters liquidity as volume shrinks
After pulling “every appropriate lever” to bolster its liquidity, Ford Motor Co. and Ford Motor Credit hold $35.1 billion and ...
Harley-Davidson restructures to preserve cash
COVID-19 has “dramatically changed” Harley-Davidson’s business and strategic plan, said Jochen Zeitz, acting president and CEO of the motorcycle manufacturer, ...
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, just one week after renewing ...
