Tag: Premium

Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...

The coronavirus economy and weaker consumer demand have created substantial risk for used vehicles as large volumes of leased vehicles ...

Westlake Financial Services has begun financing commercial vehicles in eight U.S. markets, the company announced yesterday. The Los Angeles-based lender ...

Ford Motor Credit increased its excess spread by 42 basis points in its latest asset-backed securitization issued this week, according ...

Wholesale used-vehicle values in April were unable to bounce back from Manheim’s first mid-month progress report, falling 11.4% from March. ...

The auto finance market eked out 4.6% in growth in 2019, as loan and lease outstandings hit an all-time high ...

The U.S. auto market is showing signs of recovery after shelter-in-place orders, spurred by the coronavirus pandemic, depressed retail sales ...

GM Financial is gearing up for potential losses on off-lease residual values as the extent of the COVID-19 economic crisis’ ...