American Car Center Archives

Photographer: David Paul Morris/Bloomberg

The collapse of two US auto dealers and a growing pile of delinquent car loans are threatening to deliver losses ...

2 subprime securitizations at risk of default

May 12, 2023

NASHVILLE, Tenn. — Two securities backed by subprime automotive loans are at risk of posting principal losses in what would ...

American Car Center parent files for bankruptcy

byAmanda Harris

March 16, 2023

RAC Asset Holdings on Tuesday filed for Chapter 7 bankruptcy protection in Delaware following the closure of subprime auto lender ...

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Tag: American Car Center

Subprime auto bondholders face possible first hit in decades

2 subprime securitizations at risk of default

American Car Center parent files for bankruptcy

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