July 29, 2021

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Ford Credit logs record EBIT, high recovery on NCOs in Q2

Ford Motor Credit recorded its highest ever quarterly earnings before

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

byAidan Bush

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Asbury Automotive logs 61% YoY increase in F&I revenue in Q2

Asbury Automotive increased its F&I revenue by 60.6% year over

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

byAidan Bush

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Nikola’s Milton charged with misleading investors

Nikola Corp. founder and former chairman Trevor Milton has been

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

byAidan Bush

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition