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Lithia Motors F&I revenue down 2% YoY in Q2

Lithia Motors showed declining finance and insurance revenue while nearly doubling its floorplan interest expenses quarter

Advanced lending technology is ideally suited for credit unions

Credit unions in the past two years have made gains in capturing market share in the

Fed raises interest rates to 22-year high, leaves door open for more

The Federal Reserve raised interest rates to the highest level in 22 years and left the

Haig Partners’ Derek Garber to present at Powersports Finance Summit

Haig Partners Vice President Derek Garber will lead a presentation on dealer consolidation and the future

GM Financial originations up 1%, loan share shrinks

GM Financial’s origination volume was flat in the second quarter as the captive’s loan share declined,

Asbury F&I revenue falls 18% YoY

Automotive retailer Asbury Automotive saw a decline in finance and insurance revenue in the second quarter

Polaris incentives up 34% since yearend

Powersports manufacturer Polaris increased its promotional activity in the second quarter as North American retail sales

Tribal nations open innovative EV dealer licenses, tax options

An issue that continues to captivate the electric vehicle manufacturing and financing industry is state law

Credit Union Auto Lending Surges

David Thompson

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