Earnings
Carvana maintains tighter underwriting
Carvana is “continuing to maintain significantly tighter” underwriting standards than before the pandemic, Chief Executive Ernie Garcia III said during...
Weekly Wrap: Ford Credit earnings and compliance experts on best practices [Video]
This week, Ford Motor Credit propped up Ford Motor Co.’s second-quarter performance with strong consumer loans and leases, and low...
CAC deferral rates better than pre-pandemic levels, CEO says
Credit Acceptance Corp.’s forbearance and deferral rates have dropped to below pre-pandemic levels after improving “pretty dramatically in May” and...
BMW records first quarterly loss since 2009 on virus impact
BMW AG’s loss-making automotive division dragged the company into the red for the first time in more than a decade,...
Group 1, Asbury F&I revenue hit hard by COVID-19
Vehicle sales and financing revenue were hit hard from April to June as production ground to a halt amid the...
Ford Credit ‘pillar of strength’ for company’s Q2 performance
Ford Motor Credit outpaced expectations in Ford’s overall second-quarter performance, cementing it as a “pillar of strength” for the company with a...
Polaris reported lowest North American supply in over 20 years in Q2
Polaris Inc. inventory levels fell 47% from last quarter, the lowest recorded in over 20 years in the North American...
Weekly Wrap: The tail end of Q2 earnings [Video]
This week, second-quarter earnings wrapped up on a positive note with presentations from GM Financial, Santander Consumer USA and Harley-Davidson....
