The auto market is proving resilient despite the downward trend the subprime market is experiencing amid rising delinquencies ...
Credit performance across Bank of America’s direct and indirect consumer portfolio improved in the third quarter as digital ...
Subprime auto asset-backed security spreads widened in early October in the wake of Tricolor Holdings’ Chapter 7 bankruptcy.
TrueCar agreed to be taken private in an all-cash deal valued at about $227 million, shaking up the online vehicle ...
Stellantis vowed to invest $13 billion in the US over the next four years as the maker of Jeep SUVs and Ram trucks seeks to ...
The subprime market is split as some lenders expand and others shutter or pause originations amid rising inflation and ...
GM Financial will soon roll out an app for dealers to allow them to efficiently manage their businesses, similar to that for consumers ...
Tricolor collapse contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase, while auto originations ...
Subprime auto lender Global Lending Services announced today that global investment firm Sixth Street will acquire ...
Wells Fargo Auto’s preferred financing arrangement with Volkswagen contributed to double growth of auto originations in Q3 ...
Tricolor’s Sept. 10 bankruptcy filing sparks questions for capital providers and a review of the wider subprime market ...
Tellis Bethel was named chief financial officer of Toyota Motor Credit Corp. (TMCC) and Toyota Financial Services ...