Financial News

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of American Credit Acceptance Receivables Trust 2020-4, an auto loan ABS transaction. ACAR 2020-4 will issue six classes of…
Penske Automotive Group Inc., a diversified international transportation services company, announced that its Board of Directors has reinstated the company’s dividend, declaring a cash dividend of $0.42 per share. The…
SafeRide Technologies, a provider of AI-based vehicle health management, data analytics and cybersecurity solutions for connected and autonomous vehicles, announced a partnership with the SAE Health-Ready Components and Systems (HRCS)…
Fisker, designer and manufacturer of electric vehicles and advanced mobility solutions, announced the appointment of John Finnucan as chief accounting officer, effective immediately. “John joins us with an exceptional track…
Defi SOLUTIONS announced its latest partnership with MUSA Auto Finance. Defi will be empowering MUSA’s unique business model to fully support the lease servicing and remarketing needs of other national…
Santander Bank, N.A announced the appointment of three key executives: Patrick Smith has been named head of small Business Banking, Giancarlo Marchesi has been named Head of Consumer Lending, and…
Ally Financial Inc. announced that it will conduct its 2021 annual meeting of stockholders on May 4, 2021. Additional details will be provided in the company's proxy statement. Ally Financial…
Denny Slagle, who retired as executive vice president of Volvo Group and president of Mack Trucks in 2018, joins electric vehicle startup Trova Commercial Vehicles as senior adviser. TrovaCV launched…
Auto Experience Inc., created in 2018 to pursue strategic business opportunities in the automobile financing market, has informed the board of directors of Consumer Portfolio Services (CPS) an interest in…
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