Tesla lease penetration drops to 1% in Q1
Tesla’s lease penetration dropped in the first quarter despite increased deliveries and production compared to a year prior. The ...
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 ...
Regional banks’ first-quarter earnings mostly showed improvements to credit performance, in line with what national banks reported earlier this month. ...
Chase Auto’s originations fell in the first quarter while credit performance in the bank’s auto portfolio improved. Auto loan and lease originations totaled $10.4 billion ...
Massimo Group delivered gross margin growth despite a decline in revenue in fiscal 2025 amid a deliberate pullback in wholesale volume in powersports and marine. Total revenue fell 34.3% year ...
A rebound in retail demand and strong performance across key product lines lifted Canadian powersports manufacturer Bombardier Recreational Products’ results in ...
Powersports retailer RideNow Powersports’ finance and insurance revenue rose in the fourth quarter as retail sales grew due to an increase in used unit sales. Chandler, Ariz.-based RideNow, formerly RumbleOn, reported that finance and ...