Earnings
COVID paves way for Axis Auto Finance origination growth
© Can Stock Photo / daoleduc Tightened underwriting standards amid COVID-19 and a partnership with Westlake Financial Services has opened...
Auto finance industry’s Q3 is a bright spot
The auto industry, overall, saw a stronger performance in the third quarter than leaders expected at the onset of the...
Shift eyes increased F&I revenue in Q4
Shift Technologies, which went public through a reverse merger at the beginning of October, has eyes on expanding its finance...
Vroom posts record sales, profit in Q3
Online vehicle retailing is showings no signs of slowing down. Vroom is in full-on growth mode as the company clocks...
RumbleOn adds watercraft listings, eyes RVs
RumbleOn is clawing back from a rough second quarter with record performance in gross margin on vehicles sold, spurring the...
GM Financial posts positive origination volume, performance in Q3
GM Financial posted increased origination volume and strong credit performance in the third quarter, in line with much of the...
Q3 brings positive F&I for Sonic, Asbury
More consumers are shopping digitally due to the pandemic, and while moving financing completely online remains a challenge, it has...
Low-cost financing spurs CAC’s largest ABS deal
Lower base rates and attractive credit spreads in the auto ABS market have helped usher in Credit Acceptance Corp.’s largest...
