NMAC CEO: No matter the crisis, consistency is key [Spotlight]
Three months into the spread of the global coronavirus pandemic, the auto industry has seen record changes across the board: ...
Tag: nmac
UK car sales show signs of recovery
Britain’s car industry showed signs of improvement in June, spurred by the reopening of showrooms from lockdown measures designed to ...
NMAC’s Cullum joins AFS speaker faculty
Nissan Motor Acceptance Corp. President and Chief Executive Kevin Cullum will kick off the 2020 Auto Finance Summit on Oct. ...
Nissan said to plan $2.8B in cost cuts, book charges
Nissan Motor Co. is planning to cut about 300 billion yen ($2.8 billion) in annual fixed costs and book restructuring ...
Ford Credit ABS increases excess spread to pad losses
Ford Motor Credit increased its excess spread by 42 basis points in its latest asset-backed securitization issued this week, according ...
Can auto ABS weather the pandemic?
In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...
Nissan warns of losses, delays earnings report due to pandemic
Nissan Motor Co. warned that it expects to post a loss for the just-ended fiscal year, becoming the latest global ...
Prime issuers inject $3.6B into ABS market
The auto asset-backed securities market has seen a revival in the last week after nearly a month of no new ...
