Sep 16, 2020: With the subprime auto loan performance expected to deteriorate, many respondents to the latest Credit Chronometer from Davis & Gilbert LLP predicted that the pandemic would have a long-term impact on the sector. The report – named Participant...
 
Jun 18, 2020: US automotive insight provider Experian, provided an in depth look at outstanding loan balances, total risk distribution and delinquency rates for the first quarter of 2020. Furthermore, in the Q1 2020 State of the Automotive Finance Market, Melind...
 
Apr 22, 2020: Maven, the car-sharing service from General Motors, has announced it is to wind down operations. The announcement comes a month after the business suspended operations in response to the COVID-19 crisis, which accelerated the decision to close the...
 
Feb 28, 2020: Brazil has become the latest country to propose a ban on the sale of petrol and diesel cars, with a suggested date of 2030. The country’s Comissão de Constituição e Justiça (Constitution and Justice Commission – CCJ) approved the bill, which ...
 
Feb 06, 2020: Argentina’s vehicle production and sales have continued to fall amidst the country’s recession. Annual sales to dealers during 2019 were down 45.4% to 372,474 units according to local industry body ADEFA. The country’s vehicle production dropped 3...
 
Feb 05, 2020: Analyst Frost and Sullivan has predicted that the Latin American alternative fuel vehicle market will more than quadruple in the next five years. Its new report, Analysis of the Latin American Electric Vehicle Market, Forecast to 2025, predicts sa...
 
Jan 20, 2020: Eco-friendly vehicle start-up Fisker is aiming to rewrite the rules of finance with the launch of its Ocean electric SUV. Although the zero-emission car can be purchased outright for nearly $38,000 before tax incentives, the manufacturer is also o...
 
Sep 30, 2019: Fiat Chrysler Automobiles (FCA) and its US subsidiary FCA US are to pay $40 million in order to resolve a length probe by the Securities and Exchange Commission (SEC) over claims the companies mislead investors about monthly sales figures over a fi...
 
Sep 16, 2019: Innovative vehicle subscription app Fair is acquiring the assets of the Canvas vehicle subscription service from Ford Motor Credit Company for an undisclosed sum. The agreement enhances Fair’s position in the vehicle subscription market, enabling ...
 
Sep 06, 2019: Nissan has begun selling its electric Leaf passenger car in the four largest Latin American markets of Argentina, Brazil, Chile and Colombia. The move follows a 'pre-stage sale' for the current, second-generation Leaf, which commenced in all four ...

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