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Ash Savage

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PenFed auto originations jump 88%

PenFed Credit Union’s auto originations rose through the first quarter as the financier improved its capital

AutoNation Finance originations flat YoY, up 15% QoQ 

AutoNation Finance’s originations and credit performance were stable in the first quarter, while sales volumes were

MarineMax, OneWater Q2 F&I mix offsets softer demand

MarineMax and OneWater Marine reported lower revenue in the fiscal second quarter, as finance and insurance

Edge Financial CEO Marohn to join Auto Finance Summit East 2026

Auto Finance News is excited to announce that Doug Marohn, chief executive at Edge Financial Services,

Ford Credit finance, lease penetration rise  

Ford Credit’s U.S. finance penetration and lease share of retail sales increased in the first quarter,

Carvana originations jump 59%

Carvana’s originations soared in the first quarter as the retailer increased product offerings and advertising and

Stellantis returns to profitability in Q1 as finance arm expands

Stellantis returned to profitability in the first quarter, supported by higher vehicle sales and improved operating

Group 1, Penske Automotive report dips in F&I revenue

Retailers Group 1 Automotive, Sonic Automotive and Penske Automotive reported declines in new-vehicle sales and mixed

Credit Union Auto Lending Surges

David Thompson

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