HDFS originations flat in Q3; operating income soars
Harley-Davidson Financial Services’ originations and operating income rose in the third quarter as the captive pushed forward on its multibillion...
Earnings
CAC originations fall 16.5%
Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces increased competition and worse-than-expected loan performance. ...
Carvana originations jump 59%, Ally Financial agreement upsized
Carvana’s originations jumped 58.8% year over year in the third quarter and the retailer extended and increased its forward-flow deal...
Penske, Asbury Auto, Group 1 F&I revenue jumps in Q3
Auto retailers saw rising finance and insurance revenue in the third quarter, despite mixed retail sales across new and used...
Camping World F&I revenue rises 7.2% YoY in Q3
RV retailer Camping World’s finance and insurance revenue rose year over year in the third quarter, in part from growing...
Polaris’ sales rise 6.9% in the third quarter
Polaris’ sales ticked up in the third quarter, brought on by increases in shipments and off-road vehicle demand. Overall sales...
Ford Credit lease share jumps to 18% in Q3
Ford Credit’s leasing share picked up in the third quarter as its U.S. portfolio increased, but finance penetration declined. The...
AutoNation Finance originations jump 85.7%
AutoNation Finance’s originations jumped in the third quarter as new vehicle sales increased. Originations have “nearly doubled” from a year...
