Whitney McDonald, Author at Auto Finance News

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Subprime bankruptcies, rising delinquencies hurt BHPH capital access

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands

Stellantis remained profitable in the second quarter as higher North American sales supported revenue growth while its financial services position...

Listen: E-commerce retailers focus on cost reduction in Q1

Automotive retailers Shift and Vroom focused on profitability rather than

Pagaya auto run rate up 140% YoY

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending...

Carvana originations rise 54% as sales climb

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands

Stellantis remained profitable in the second quarter as higher North American sales supported revenue growth while its financial services position...

4 ways lenders can prepare for a looming recession

The Federal Reserve continues to raise interest rates to combat

Pagaya auto run rate up 140% YoY

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending...

Carvana originations rise 54% as sales climb

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands

Stellantis remained profitable in the second quarter as higher North American sales supported revenue growth while its financial services position...

Autonomy expands EV subscription access to Fortune 1,000 company employees

Subscription-based electric vehicle (EV) startup Autonomy is growing its consumer

Pagaya auto run rate up 140% YoY

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending...

Carvana originations rise 54% as sales climb

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands

Stellantis remained profitable in the second quarter as higher North American sales supported revenue growth while its financial services position...

Nicholas Financial CEO Douglas Marohn steps down

Nicholas Financial’s Douglas Marohn resigned from his role as chief

Pagaya auto run rate up 140% YoY

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending...

Carvana originations rise 54% as sales climb

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands

Stellantis remained profitable in the second quarter as higher North American sales supported revenue growth while its financial services position...

RumbleOn posts record Q1 profits

RumbleOn posted record revenue in the first quarter of 2022

Pagaya auto run rate up 140% YoY

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending...

Carvana originations rise 54% as sales climb

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands

Stellantis remained profitable in the second quarter as higher North American sales supported revenue growth while its financial services position...

Open Lending’s certified loan volume climbs 32% in Q1

Automation fintech Open Lending’s certified loan volume increased for the

Pagaya auto run rate up 140% YoY

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending...

Carvana originations rise 54% as sales climb

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands

Stellantis remained profitable in the second quarter as higher North American sales supported revenue growth while its financial services position...

Used-vehicle ‘spring bounce’ delayed as tax refunds remain behind schedule

Used-vehicle values fell for the third straight month in April

Pagaya auto run rate up 140% YoY

Fintech Pagaya Technologies’ network volume rose to a record high in the second quarter on strong growth in its auto lending...

Carvana originations rise 54% as sales climb

Carvana's originations jumped in the second quarter as retail sales grew on the heels of the company's expansion into new...

Group 1 F&I revenue down 10.1%, plans to buy 10 dealerships for $1.3B

Group 1 Automotive announced it would purchase 10 dealerships from Hennessey Automobile Co. today, and reported declines in finance and...

Stellantis Q2 revenue rises as finance position expands