Tag: originations

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

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

COVID-19 has “dramatically changed” Harley-Davidson’s business and strategic plan, said Jochen Zeitz, acting president and CEO of the motorcycle manufacturer, ...

Santander Consumer USA has increased its allowance for credit losses by $2.5 billion due to Day 1 CECL impacts and ...

Hyundai Capital America’s lack of diverse funding sources could limit the captive’s financial flexibility as the cost for debt funding ...

BMW Group’s global finance structure and diversified funding sources insulate BMW Financial Services from potential liquidity concerns brought on by ...

The coronavirus pandemic could put strain on Santander Consumer USA’s financing alliance with Fiat Chrysler Automobiles, according to filings with ...

Wells Fargo Co. is the latest big bank to suspend repossessions, joining Bank of America and Chase Auto, as cases ...