Earnings
Nicholas Financial direct originations rise 10%
Nicholas Financial’s indirect and direct originations climbed year over year in the first quarter as the lender focuses on underwriting...
Listen: Weekly Wrap discussion on captives’ 2Q earnings
Earnings season continued in full swing last week, with two major powersports OEMs and two U.S.-based captives reporting second-quarter results....
Polaris’ incentive spend and finance revenue ticks down in Q2
Powersports manufacturer Polaris spent less on financing incentives in the second quarter as a result of tight inventory, lower retail...
HDFS portfolio up 3.1% YoY in Q2
Harley-Davidson Financial Services’ (HDFS) managed portfolio rose 3.1% year over year during the second quarter due to increased motorcycle sales...
Ford Credit profitability ticks up in Q2
Ford Credit’s second quarter was marked by improved profitability despite a decline in outstandings due to industrywide supply woes and...
GM Financial originations grow 11% QoQ
GM Financial’s originations ticked up sequentially despite an industrywide slowdown in sales as new-vehicle inventory remains constrained and interest rates...
CPS logs record monthly origination volume
Consumer Portfolio Services nearly doubled its portfolio year over year in the second quarter on the heels of expansion into...
Listen: Weekly Wrap on Q2 pullback in auto
Last week, second-quarter earnings pointed to mixed results as some financiers grew their auto books while others intentionally stepped back...
