California’s Truck Voucher Program Chipped In About $50 Million for Nikola Trucks. Then Nikola Went Belly-Up
The Los Angeles Times reported on Oct. 18 that California’s truck voucher program paid about...
bankruptcy
GM Earned $3.3 Billion Last Quarter. Its Lending Arm Set Aside 39% More for Car Loans Going Bad
Ford, GM and Stellantis have mostly finished booking their EV write-downs. The strain now shows up at their finance arms,…
Car-Mart Built Its Loans Around Payday. Now Its Own Lenders Have It on a Seven-Day Leash
America's Car-Mart's lenders have extended its default waiver seven times in six weeks, and the latest runs out Thursday. Here's…