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Vehicle Financing

Hertz Global Holdings Announces Pricing of Private Offering of $1.06 Billion Medium Term Rental Car Asset Backed …

ESTERO, Fla., Feb. 4, 2016 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (Hertz Global or the Company) today announced that Hertz Vehicle Financing II LP (HVF II), a wholly owned special purpose subsidiary of the Company, priced$1.06 billionin aggregate principal amount of Series 2016-1 Rental Car Asset Backed Notes, Class A, Class B, Class […]

Recent Buy: Ford Motor Company

Founded in 1903 and based in Dearborn, Michigan, Ford Motor Company (NYSE:F) manufactures and distributes automobiles worldwide. The company has around 62 plants across the world and offers vehicles primarily under the Ford and Lincoln brand names. Ford sells its products through distributors and dealers, as well as through dealerships to fleet customers. The company […]

Fitch to Rate Hertz Vehicle Financing II LP, Series 2016-1 and 2016-2; Issues Presale

Fitch to Rate Hertz Vehicle Financing II LP, Series 2016-1 and 2016-2; Issues Presale

Price Target Update On Tata Motors Ltd (NYSE:TTM)

Tata Motors Limited is an automobile company. The Company is engaged in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. Its operating segments include automotive operations and all other operations. Its automotive segment operations include all activities relating to the […]

Asbury Automotive Group Inc. (ABG) Jumps 5.95% on February 04

Asbury Automotive Group Inc. (ABG) was among the biggest gainers on the Russell 2000 for Thursday February 04 as the stock popped 5.95% to $47.89, representing a gain of $2.69 per share. Some 745,401 shares traded hands on 7,134 trades, compared with an average daily volume of 459,402 shares out of a total float of […]

Is Bad Credit A Relationship Killer?

With February upon us, our minds turn to thoughts of love, romance and relationships. There are many ways to grow a relationship — through affection, openness and trust — and our focus tends to be on these things during this month. But as couples increasingly trust each other, and as they see their lives become […]

Group 1 Automotive Incorporated (NYSE:GPI) Shorted Shares Increased 13.35% After Market Selling

The stock of Group 1 Automotive Incorporated (NYSE:GPI) registered an increase of 13.35% in short interest. GPI’s total short interest was 1.52 million shares in February as published by FINRA. Its up 13.35% from 1.34 million shares, reported previously. With 482,600 shares average volume, it will take short sellers 3 days to cover their GPI’s […]

Uber partners banks for car financing schemes for its drivers

NEW DELHI: US-based taxi aggregator Uber has partnered with banks and financial institutions in India to facilitate vehicle financing to its driver partners as it looks to strengthen its presence in the country. We have tied up with banks and various other top financial institutions in the country to make the process of vehicle financing […]

Daimler AG (DDAIF) Upgraded by Zacks Investment Research to "Hold"

Zacks Investment Research upgraded shares of Daimler AG (OTCMKTS:DDAIF) from a sell rating to a hold rating in a research note released on Tuesday morning, Market reports. According to Zacks, DAIMLER AG with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses, is a globally leading producer of premium […]

5 factors pointing to possible credit squeeze

— Aggressive Bank of Japan and European Central Bank actions — Collapsing oil and other commodity prices — Currency manipulation — Capital controls — Large amounts of dollar-denominated debt held by countries and companies that can ill afford it To explain what those developments have to do with the availability of used-vehicle financing, Webb shared […]

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