Harley-Davidson moves to bolster its liquidity
Harley-Davidson took additional steps to bolster its liquidity standing this week with a new, $350 million 364-day credit facility, according ...
Tag: Securities and Exchange Commission
Leveraging Liquidity: Lenders brace for the coronavirus recession [Feature]
Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...
Despite furloughing staff, Nicholas Financial continues to accept loan applications
Despite furloughing 15% of its employees last week, Nicholas Financial is still accepting new loan applications, several dealers confirmed to ...
Subprime Nicholas Financial furloughs 15% of staff
Nicholas Financial has furloughed 40 employees — or 15% of its workforce — in response to the COVID-19 crisis, according ...
Credit Acceptance delays quarterly SEC filing due to COVID-19
Credit Acceptance Corp. has suspended its first-quarter earnings report due to the “adverse impact” the COVID-19 crisis has had on ...
COVID-19 strains Santander’s target Chrysler Capital goals
The coronavirus pandemic could put strain on Santander Consumer USA’s financing alliance with Fiat Chrysler Automobiles, according to filings with ...
American Honda Finance liquidity at risk if capital markets dry up
American Honda Finance Corp.’s heavy reliance on capital markets for funding and liquidity could spell trouble for the captive as ...
Elon Musk bought $10M of Tesla shares on Valentine’s Day
Elon Musk bought 13,037 Tesla Inc. shares for $10 million on Feb. 14, according to a filing with the U.S. ...
