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AutoNation Finance originations up 74%  

Portfolio at $450M as retailer integrates captive across stores 

Amanda Harris

AutoNation Finance’s origination volume jumped 74% sequentially in the fourth quarter as the retailer launched captive financing at nearly all its franchised stores by yearend 2023 and saw improved aftermarket product sales. AutoNation’s captive, formally CIG Financial, originated about $110 million in loans, up from $63 million in Q3, Chief Financial Officer Tom Szlosek said […]

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