Auto retailers’ interest in captive offerings could spur growth for subprime lenders
PLANO, TEXAS – Subprime auto lenders may have an opportunity to capture business from dealer groups who plan to build ...
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2022 kicks off another year of growth for F&I profits at auto retailers
Following growth every quarter in 2021, finance and insurance (F&I) profits again ticked up year over year in the first ...
Q4 dealership earnings bring few surprises as F&I revenue, used inventory improves
Fourth-quarter earnings at the nation’s publicly traded automotive retailers painted a familiar picture of an industry that for more than ...
Lower inventory, new strategies: Dealers adapt post-COVID
New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...
Lower inventory, new strategies: Dealers adapt post-COVID
New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...
Sonic Automotive F&I revenue increases 60% YoY
Inventory continues to remain low at dealerships, but dealers like Sonic Automotive, AutoNation, Asbury Automotive and Lithia Motors continue to ...
Weekly Wrap: Lenders find new ways to combat low inventory
Squeezed inventory could mark a shift in the auto finance industry as OEMs look for alternative ways to meet consumer ...
Ford Credit logs record EBIT, high recovery on NCOs in Q2
Ford Motor Credit recorded its highest ever quarterly earnings before taxes of $1.6 billion, contributing to a second-quarter distribution of $4 ...
