Tag: earnings

Group 1 Automotive’s finance and insurance profits increased in the fourth quarter while finance attachment rates were pressured.  The retailer’s ...

Credit Acceptance Corp.’s originations jumped for the seventh consecutive quarter as compressed margins and stricter access to capital prompted other ...

Origination volumes in the fourth quarter were mixed across the banks that reported auto lending metrics as some institutions tightened ...

Capital One Auto Finance’s origination volume declined in the fourth quarter following a ramp-up in auto lending during the second ...

U.S. Bank continued to scale back auto lending during the fourth quarter due to market competition and lower return levels.  ...

Wells Fargo Auto tightened credit in the fourth quarter, contributing to a decline in auto originations and outstandings.   Auto originations ...

New retail sales of recreational vehicles are projected to be down by 20% in 2023 as dealers spent much of ...

Credit performance worsened in the third quarter at banks and captives as consumers are facing inflationary pressures and high interest ...