Tesla plans $2 billion offering as Elon Musk seizes on stock surge
Tesla Inc. forecast as much as $3.5 billion in capital expenditures this year, as Elon Musk rushes to bring new ...
Tag: Securities and Exchange Commission
Credit Acceptance sees ‘fall off’ in new dealer volume
New dealer enrollment at Credit Acceptance Corp. has experienced a “fall off” in the fourth quarter, Chief Executive Brett Roberts ...
The changing terrain of compliance in 2020
Regulatory changes in the financial services sector may move at a snail’s pace, but actions taken in 2019 signal advances ...
A blossoming partnership: An inside look at Santander’s deal with FCA
From the October feature: Since revising their financing alliance this summer, Santander Consumer USA and Fiat Chrysler Automobiles appear to ...
FCA slapped with $40m fine for inflated sales figures
Fiat Chrysler Automobiles has been ordered to pay a $40 million fine by the Securities and Exchange Commission after the ...
Toyota Financial enters private-label financing, scores Mazda
Toyota Financial Services (TFS) is establishing itself as a provider of third-party financial services on the heels of a newly ...
Pennsylvania dealers nailed in 4-year fraud scheme
The owner and finance manager of two Erie County, Pa.-based dealerships — Lakeside Auto and Lakeside Chevrolet — have been ...
Credit Acceptance tops $1B in warehouse facility credit
Credit Acceptance Corp. (CAC) has announced the completion of a $200 million revolving secured warehouse facility. In addition, the lender ...
