Earnings
Asbury Auto, Group 1 F&I revenue see double-digit YoY jump
Asbury Automotive and Group 1 Automotive saw double-digit year-over-year gains in finance and insurance profits in tandem with higher fourth-quarter...
Ford Credit lease portfolio up 6.5%
Ford Credit’s lease volume rose in the fourth quarter as lease return rates picked up, while credit losses rose. The...
HDFS originations down 16%, credit losses rise
Harley-Davidson Financial Services increased its provision and allowance for credit losses in the fourth quarter as originations and sales slowed. ...
CACC originations rise 0.3%
Credit Acceptance Corp.’s originations and number of active dealers rose in the fourth quarter as the subprime lender’s used-vehicle market...
Tesla Finance’s lease penetration hits 5.4%
Tesla Finance’s lease penetration ticked up in the fourth quarter while full-year sales dropped year over year for the first...
MarineMax F&I revenue dips 5.2%
Marine retailer MarineMax’s first quarter of fiscal 2025 was strained by back-to-back hurricanes and softened retail demand. “We ended fiscal...
Loan volume drives up GM Financial originations 23%
GM Financial set a quarterly record for originations in the fourth quarter driven by higher retail loan volume in North...
Polaris Q4 sales drop 23% as shipments fall 33%
Polaris’ sales remained sluggish in the fourth quarter amid continued efforts to reduce yearend shipments. Fourth-quarter sales landed at $1.8...
