Aston Martin soars after securing Mercedes’ help out of crisis
Months after catching a lifeline from its billionaire owner, Aston Martin Lagonda Global Holdings Plc is securing more sorely needed ...
Tag: Mercedes-Benz Financial Services
Floorplan lenders tweak securitization structures for ABS comeback
Loan- and lease-backed volume resumed in mid-April after the auto securitization market ground to a halt in March, but floorplan ...
Rising sales boost floorplan ABS performance
Floorplan asset-backed securities are performing well on the heels of rising vehicle sales in May and early June, according to ...
Dealer woes spur negative floorplan ABS outlook
Dealers may not have the financial stability to repay floorplan credit lines as the COVID-19 economic crisis collapse vehicle sales ...
CarMax, Mercedes-Benz, Toyota drive up ABS volume
Auto asset-backed securities volume has already outpaced last January's levels, reaching $5.8 billion as of Jan. 17, a 9.4% increase ...
Asbury Automotive amends $1.5b credit facility
Asbury Automotive has “amended and reinstated” its five-year, $1.45 billion syndicated senior credit facility, the company announced on Wednesday. The ...
Newly minted Daimler Mobility to focus on ride-hailing
To coincide with its rebranding to Daimler Mobility AG, the captive lender formerly known as Daimler Financial Services intends to ...
Mercedes-Benz Financial fosters innovation to drive originations
Mercedes-Benz Financial Services’ focus on ushering a culture of innovation, collaboration, and new mobility fronts has buoyed loan and lease ...
