Tag: earnings

Squeezed inventory could mark a shift in the auto finance industry as OEMs look for alternative ways to meet consumer ...

For the first time since the third quarter of 2020, Huntington Auto Finance’s auto originations grew, clocking in at $1.9 billion, a 58% year-over-year ...

Credit Acceptance Corp. continues to navigate multiple inquiries into its loan practices in the second quarter, which was marked by ...

Ford Motor Credit recorded its highest ever quarterly earnings before taxes of $1.6 billion, contributing to a second-quarter distribution of $4 ...

Asbury Automotive increased its F&I revenue by 60.6% year over year with support from the dealer’s online car-buying platform Clicklane, ...

Santander Consumer USA experienced recovery on net charge-offs accompanied by growth in auto origination volume, on trend with other lenders’ ...

Despite tight new and used-vehicle inventory, Lithia Motors posted record finance and insurance (F&I) revenue in the second quarter of ...

Several auto lenders have benefited from positive recoveries and growth in their auto portfolios during the second quarter of 2021. ...