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Earnings

CPS taps ‘resilient’ customers as originations rise 30.3%

May 14, 2025

Earnings

Carvana originations rise 44.1%

May 8, 2025

Earnings

Upstart auto originations surge 369%

May 8, 2025

Earnings

The Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., is displayed at the company's headquarters in Newark, California, U.S., on Monday, Aug. 3, 2020. The final specs and design of the Lucid Air are due to be unveiled at an event in September and executives say customers can now expect delivery of the first batch of Airs in spring 2021.

Lucid Motors’ CEO steps down amid planned production increase

byJames Van Bramer

February 26, 2025

Peter Rawlinson has stepped down as Lucid Motors’ chief executive as the EV automaker plans to double production in 2025. ...

Camping World Holdings Inc. signage is displayed as American Flags fly outside of the New York Stock Exchange (NYSE) during the company's initial public offering (IPO) in New York, U.S., on Friday, Oct. 7, 2016. U.S. stocks fell after jobs data showing steady growth in the labor market likely kept the Federal Reserve on track to tighten monetary policy this year as investors turn to the third-quarter earnings season.

Camping World F&I revenue rises 16.8%

byAsh Savage

February 26, 2025

RV dealer group Camping World’s finance and insurance revenue jumped year over year in the fourth quarter as new and...

Rivian R1T electric pickup trucks parked at a Rivian service center in the Brooklyn

Rivian Q4 deliveries up 1.5%

byAsh Savage

February 21, 2025

EV manufacturer Rivian’s deliveries ramped up in the fourth quarter, contributing to a jump in revenue. The Irvine, Calif.-based company...

Carvana shares dip while originations soar 53.3%

byAsh Savage

February 20, 2025

Shares of Carvana fell by nearly 17% this morning following the retailer and lender’s latest earnings, which saw an increase...

Sonic Auto F&I revenue up 14.8% YoY, Penske down 2.1% YoY

byJames Van Bramer

February 13, 2025

Auto retailers Sonic Automotive and Penske Automotive reported mixed results in finance and insurance revenue in the fourth quarter as...

Signage at an AutoNation car dealership in Fremont, California, U.S., on Monday, Feb. 15, 2021. AutoNation Inc. is scheduled to release earnings figures on February 16. Photographer: David Paul Morris/Bloomberg

AutoNation Finance originations surpass $1B

byJames Van Bramer

February 12, 2025

AutoNation Finance surpassed $1 billion in auto originations in 2024 as the captive lender continues its rapid growth. The $1.1...

Upstart auto originations soar 224%

byAmanda Harris

February 12, 2025

AI-driven lending platform Upstart’s auto originations soared 224% year over year in the fourth quarter amid improved liquidity and revamped...

Lithia Motors’ captive sees originations up 16.8% YoY

byJames Van Bramer

February 12, 2025

Driveway Finance Corp., Lithia Motors’ finance arm, grew originations 16.8% year over year in the fourth quarter. Driveway Finance Corp.’s...

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UACC originations rise 16%

CPS taps ‘resilient’ customers as originations rise 30.3%

Carvana originations rise 44.1%

Upstart auto originations surge 369%

Earnings

Lucid Motors’ CEO steps down amid planned production increase

Camping World F&I revenue rises 16.8%

Rivian Q4 deliveries up 1.5%

Carvana shares dip while originations soar 53.3%

Sonic Auto F&I revenue up 14.8% YoY, Penske down 2.1% YoY

AutoNation Finance originations surpass $1B

Upstart auto originations soar 224%

Lithia Motors’ captive sees originations up 16.8% YoY

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