Tag: earnings

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 ...

Poor weather conditions and tech integration contributed to year-over-year declines in finance and insurance revenue and sales for retailer Asbury ...

Tesla’s lease penetration dropped in the first quarter despite increased deliveries and production compared to a year prior.   The ...

Lenders’ auto originations were mixed in the first quarter, though most reported declining delinquencies. Originations reported by major banks include: ...

Truist Bank and Fifth Third Bank reported year-over-year improvements in delinquencies and loss allowances, mirroring positive credit health reported by ...