AmeriCredit Corp. Reports 66% Increase in Third Quarter Earnings
Apr 14, 2000
AmeriCredit Corp. announced record net income of $32,410,000, or $0.41 per share, for its third fiscal quarter ended March 31, 2000, versus earnings of $19,505,000, or $0.29 per share, for the quarter ended March 31, 1999. ... Continue reading
Titan Obtains 90-Day Extension for Its Existing Credit Line
Apr 12, 2000
Titan Motorcycle Co. of America announced reaching an agreement with its lender, Wells Fargo Credit, Inc., for a 90-day extension of its existing credit line. ... Continue reading
World Omni Master Owner Trust Rated `AAA' By Fitch IBCA
Apr 12, 2000
World Omni Master Owner Trust's, series 2000-1 $646,000,000 floating rate class A notes and $54,000,000 floating rate class B notes are rated `AAA' and `AA-' respectively, by Fitch IBCA. ... Continue reading
National Auto Credit Announces Purchase
Apr 11, 2000
National Auto Credit, Inc. announced that a wholly-owned subsidiary of National Auto Credit, Inc. purchased a 50% membership interest in the Angelika Film Center, LLC from Reading Entertainment, Inc. ... Continue reading
S&P Rates Mellon Auto Grantor Trust 2000-1 Certs
Apr 11, 2000
Standard & Poor's assigned its ratings to Mellon Auto Grantor Trust 2000-1's US$351.3 million asset-backed certificates series 2000-1 (see list). ... Continue reading
National Auto Finance and Nuvell Sign Agreement Extension
Apr 10, 2000
National Auto Finance Company, Inc., a non-prime auto finance company based in Jacksonville, Florida, announced that Nuvell Credit Corporation has agreed to extend the flow program it previously established with NAFI through December 31, 2000. ... Continue reading
Ford Credit March Sales Highest in Company History
Apr 5, 2000
Ford Credit announced that in March 2000 it financed 369,961 automotive contracts, the largest volume in Ford Credit's history and a 15-percent increase over the March 1999 total of 316,124. ... Continue reading
Arcadia Remains On RatingAlert Positive By Fitch IBCA
Apr 3, 2000
The outlook for the `B' senior unsecured debt of Arcadia Financial Ltd. (Arcadia) remains on RatingAlert Positive by Fitch IBCA. ... Continue reading
Arcadia Remains On RatingAlert Positive By Fitch IBCA
Apr 3, 2000
The outlook for the `B' senior unsecured debt of Arcadia Financial Ltd. (Arcadia) remains on RatingAlert Positive by Fitch IBCA. ... Continue reading
Ford Credit & Dale Jarrett to Kick Off 'Race Fans for a Cure(TM)' in Texas
Apr 3, 2000
NASCAR fans can join Dale and Kelley Jarrett, the Susan G. Komen Breast Cancer Foundation, and Ford Credit, co-sponsor of the #88 Quality Care Service/Ford Credit Taurus, in their attempts to eradicate this deadly disease. ... Continue reading
Westar Financial Reports 75% Increase in Fourth Quarter Lease Volumes
Apr 3, 2000
Westar Financial Services, Incorporated, a prime credit auto lessor and Internet loan originator, reported record fourth quarter lease volumes. ... Continue reading
S&P Ratings on Various Toyota Lease Securities on Watch Negative
Mar 29, 2000
Standard & Poor's placed its ratings on the senior asset-backed certificates of Toyota Auto Lease Trust 1997-A, Toyota Auto Lease Trust 1998-A, Toyota Auto Lease Trust 1998-B, and Toyota Auto Lease Trust 1998-C on CreditWatch with negativeimplications ... Continue reading
Fitch IBCA Issues Report On Balloon Loans In Auto ABS
Mar 27, 2000
Competition in the automobile finance industry continues to drive product innovation. Hybrid, or balloon, loans are a recent manifestation of such developments. ... Continue reading
Fitch IBCA Issues Report On Balloon Loans In Auto ABS
Mar 24, 2000
Competition in the automobile finance industry continues to drive product innovation. ... Continue reading
Mar 23, 2000
Titan Motorcycle Company of America is a premier manufacturer & distributor of high-end (expensive), heavyweight (over 650 cc engines), custom-built motorcycles worldwide. ... Continue reading
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