Tag: new vehicle sales

Ally Financial forecasts its retail auto net charge-offs (NCO) to be between 1.8% and 2.1% of its portfolio by the ...

Second-quarter vehicle sales from major OEMs are providing a glimpse at the extent of the continued fallout of COVID-19 on ...

Independence Day weekend is packed with bargains designed to refresh the auto market following first–quarter slumps in new-vehicle sales and a pullback on incentives in June.   OEMs scaled back ...

Car sales in China rose for the first time in almost a year last month, evidence that the world’s largest ...

This week, OEMs’ monthly sales figured pointed toward promising signs of recovery in the new-vehicle market, with American Honda, Mazda ...

Retail new-vehicle sales in May are projected to fall 21% compared with the same prior-year period, dropping to 1.08 million ...

Automotive retailers Asbury Automotive and Group 1 Automotive are increasing cash reserves as vehicle sales drop amid the coronavirus pandemic, ...

Daimler Mobility has increased its provisions for credit risk by $487.3 million during the first quarter in anticipation of an ...