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Driveway Finance originations grow 28% YoY in Q3

Lithia issued a $750M ABS deal on Oct. 9

Lithia Motors’ captive arm Driveway Finance reported year-over-year originations growth as finance penetration ticked up, Lithia acquired more stores and vehicle sales grew. Medford, Ore.-based Driveway Finance’s (DFC) originations rose 28% year over year and 6% quarter over quarter to $937 million in the third quarter, according to an Auto Finance News analysis of the […]

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