Tag: Premium

S&P Global recently downgraded six classes of notes across most of Carvana’s prime asset-backed securitization deals issued in 2023 due to higher-than-expected losses.  “These ...

Lucid Group Inc. named a new chief executive officer and announced $750 million of fresh investment from its two biggest ...

Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based ...

Auto lenders and dealers are navigating mounting pressure in 2026 as inflation, geopolitical conflict and regulatory shifts weigh on profitability ...

The Federal Reserve’s latest proposed changes to capital requirements for banks address a key concern outlined by large banks and auto lenders that use warehouse funding.   ...

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said that while retail investors have been worried about private credit ...

Volkswagen AG’s global car sales fell in the first quarter, weighed down by a slump in China, where competition from ...

Dealers say more auto cash-strapped customers are seeking longer loans, resulting in higher negative equity. The number of 84-month loans ...