Earnings
UACC originations rise 16%
Vroom subsidiary United Auto Credit Corp.’s originations rose in the first quarter as the lender’s liquidity position improved. Originations came...
CPS taps ‘resilient’ customers as originations rise 30.3%
NASHVILLE, Tenn. — In the face of potential market downturns, subprime lenders are looking to identify and lean on their...
Carvana originations rise 44.1%
Carvana’s originations rose in the first quarter as the company prioritized growth and used-vehicle retail sales increased. Originations totaled $2.7...
Upstart auto originations surge 369%
AI-driven lending platform Upstart’s auto originations surged 369.2% year over year in the first quarter despite seasonal softness. The San...
Lucid, Rivian deliveries rise in first quarter
Lucid Motors and Rivian Automotive reported an upswing in production in the first quarter but noted the rapidly shifting tariff...
Pagaya auto volume surpasses $1.1B run rate
Pagaya Technologies’ auto portfolio was down year over year in the first quarter but grew sequentially as the fintech continues...
RumbleOn F&I revenue drops 18% in Q1
RumbleOn’s finance and insurance revenue dropped in the first quarter of 2025 as the company's turnaround remains challenged by consumer...
Ford Credit penetration rate drops to 38% in Q1
Ford Credit’s finance penetration rate dropped in the first quarter amid tariff concerns and rising credit losses. U.S. financing penetration...
