Earnings
Ford Credit Volume Up, Repos Down in 2Q
Captive finance company Ford Motor Credit Co. reported net income of $340 million for the second quarter, an increase of...
AutoNation to Take Auto Finance Digital Next Year, CEO Says
AutoNation, the largest dealership group in the U.S., plans to add auto finance to its digital storefront, called AutoNation Express,...
Ally Doesn’t Quite Make Up for Losing GM Leases in 2Q
In terms of volume, Ally Financial almost, but didn't quite, make up for the loss of GM lease business in...
Auto Finance Excellence Awards Open for Nominations
Nominations have opened for the 2015 Auto Finance Excellence Awards, which have annually since 2005 recognized executives and companies that...
GM Financial Leases Take Off in Second Quarter
Lease originations skyrocketed for GM Financial in the second quarter, the first full quarter GM Financial benefited exclusively from parent...
AutoNation Record F&I Per Vehicle, Squeaks Past Group 1
AutoNation reported record average F&I revenue per vehicle of $1,528 in the second quarter on Wednesday, on a same-store basis,...
With CFPB Lurking, Sonic Delays Launch of Its Captive
With the Consumer Financial Protection Bureau looming, Sonic Automotive Inc. has decided to slow down its already leisurely exploration whether...
Auto Affordability Gets Wonky
What are the longer loan terms doing to auto affordability? The answer to this question is actually somewhat complicated.
