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Home » Lithia captive originations jump 26.4% YoY

Lithia captive originations jump 26.4% YoY

New-vehicle sales up 7.4%

Aidan BushbyAidan Bush
April 23, 2025
in Earnings
Reading Time: 2 mins read
0
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(Photo/Bloomberg)

Lithia Motors’ finance arm, Driveway Finance reported double-digit growth year over year in originations alongside higher finance and insurance revenue in the first quarter. Driveway Finance’s (DFC) originations hit $623 million in Q1, according to the company’s earnings presentation released today. Originations climbed 26.4% YoY and were up 24.4% quarter over quarter. The captive’s portfolio […]

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Tags: Driveway FinanceearningsLithia MotorsPremium
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