Tag: Manheim used vehicle values

As the U.S. auto market continues to be hammered by the coronavirus economy, the “speed and magnitude” of the recovery ...

With April vehicle sales in free fall, carmakers have been playing the 0% financing card, offering interest-free payments for as ...

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

Carvana has pumped the brakes on its stand-alone consumer vehicle purchase program and tightened credit standards for originations, Chief Executive ...

The coronavirus economy and weaker consumer demand have created substantial risk for used vehicles as large volumes of leased vehicles ...

Wholesale used-vehicle values in April were unable to bounce back from Manheim’s first mid-month progress report, falling 11.4% from March. ...

In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...

In the second week of first-quarter earnings season, Ally Financial reported the addition of $2.8 billion to its retail auto ...