Extended loan terms ramp up risk in Honda ABS
American Honda Finance Co.’s latest transaction — its second of the year — is not...
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...
Carvana tightens credit as wholesale profits drop 60%
Carvana has pumped the brakes on its stand-alone consumer vehicle purchase program and tightened credit...
Used-vehicle values crash to 3-year low
Wholesale used-vehicle values in April were unable to bounce back from Manheim’s first mid-month progress...
Can auto ABS weather the pandemic?
In the past few weeks, six auto lenders have jump-started the securitization market after a...
Despite furloughing staff, Nicholas Financial continues to accept loan applications
Despite furloughing 15% of its employees last week, Nicholas Financial is still accepting new loan...
Wholesale used-vehicle values plummet in early April
The Manheim used-vehicle value index plummeted 11.8% for the first 15 days of April compared...
