EV pre-orders pick up as production tightens
Electric vehicle pre-orders picked up in the second quarter at major EV manufacturers as production continues to lag behind demand. ...
F&I revenue results mixed in Q2, Penske pauses captive push
Finance and insurance (F&I) revenue in the second quarter decreased year over year at two of the largest automotive retailers,...
Volvo’s captive expands e-contracting options through RouteOne
Volvo Car Financial Services (VCFS) is expanding its e-contracting capabilities with automotive credit application management and e-contracting platform RouteOne. RouteOne...
RV values rise in June after May decline
Recreational vehicle values continue to shift as inventory begins to catch up with demand. Motorhome values rose sequentially in June...
Polaris’ incentive spend and finance revenue ticks down in Q2
Powersports manufacturer Polaris spent less on financing incentives in the second quarter as a result of tight inventory, lower retail...
HDFS portfolio up 3.1% YoY in Q2
Harley-Davidson Financial Services’ (HDFS) managed portfolio rose 3.1% year over year during the second quarter due to increased motorcycle sales...
EV consumer credit profiles mirror luxury ICE borrowers
Consumers financing electric vehicles (EV) display similar credit qualities as borrowers financing luxury internal combustion engine (ICE) vehicles, providing a...
Listen: Weekly Wrap on Q2 pullback in auto
Last week, second-quarter earnings pointed to mixed results as some financiers grew their auto books while others intentionally stepped back...
