Tag: earnings

Consumer Portfolio Services’ originations increased in the first quarter on the heels of expansion efforts over the past 18 months.  Consumer Portfolio Services’ (CPS) purchased contracts ...

Subprime lender Credit Acceptance Corp.’s originations declined and collection performance weakened in the first quarter, though the financier gained active ...

Harley-Davidson Financial Services’ originations increased in the first quarter as North American motorcycle sales rebounded, even as the captive lender’s ...

In the first quarter, the auto finance industry balanced strong auto loan originations with persistent affordability challenges, shifting EV demand and rising asset-backed securitization activity.  Auto lenders, ...

Rivian Automotive’s deliveries jumped in the first quarter alongside rising software and services revenue, as the company begins production of ...

Stellantis returned to profitability in the first quarter, supported by higher vehicle sales and improved operating performance, while its finance operations and balance sheet ...

Retailers Group 1 Automotive, Sonic Automotive and Penske Automotive reported declines in new-vehicle sales and mixed finance and insurance revenue ...

Driveway Finance, Lithia Motors’ captive finance arm, reported its eighth consecutive quarter of year-over-year originations growth as it focuses more ...