Tag: earnings

Luxury EV manufacturer Lucid Motors posted a sequential decline in production during the second quarter but reaffirmed its production guidance ...

Consumer Portfolio Services tallied decreased originations in the second quarter following credit-tightening actions the lender has taken since the third ...

Captives’ second quarter earnings were mixed as rising interest rates push down origination volume and lenders pull back. GM Financial, ...

Stellantis NV’s captive, Stellantis Financial Services, is looking to more than double its U.S. auto portfolio by yearend 2024 following ...

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

Powersports manufacturer Polaris increased its promotional activity in the second quarter as North American retail sales and dealer inventory rose ...

Sheffield Financial, Truist Bank’s powersports lending arm, logged double-digit growth in originations during the second quarter.  Winston Salem, N.C.-based Sheffield ...

Tesla’s leasing penetration rate ticked up on a year-over-year basis in the second quarter as leasing revenue fell and production ...