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Asbury, Penske Q2 earnings show diverging F&I PVR trends

Asbury Automotive Group’s same-store finance and insurance profit per vehicle increased in the second quarter, while

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OneMain Financial auto originations rise 19.6% in Q2

OneMain Financial grew its auto portfolio in the second quarter, expanding its dealer network and partnerships

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Fed holds rates steady, three officials dissent favoring a hike

Federal Reserve officials left interest rates unchanged, but a fractured vote signaled growing conviction among some

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The hidden cost of building your own AI in auto lending

A decade ago, most lenders looking at document automation reached the same conclusion: Optical character recognition

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July auto incentive spend to jump 8.1% post-tariffs, EV credit removal

Automakers are spending more year over year on incentives this month to grow sales ahead of

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GM Financial forecasts lower public debt issuance in 2026

GM Financial expects its public debt issuance will decline year over year in 2026, though captive

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Rizz Lending originations rise as luxury buyers become more selective 

Rizz Lending‘s originations and average amount financed increased on the heels of securing millions in additional

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Polaris’ financial services income declines amid interest rate pressure

Powersports OEM Polaris‘ income from financial services declined in the second quarter as higher borrowing costs

  • Johnnie Martinez II
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Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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