Podcast: CFPB halted, Q4 earnings continue
The Department of Government Efficiency, run by Elon Musk, effectively shut down the Consumer Financial Protection Bureau over the weekend, ...
Tag: finance and insurance
Dealers shift focus to F&I as front-end margins decline
Auto dealers have refocused on increasing finance and insurance profits as front-end margins have declined from pandemic-era peaks. Front-end margins ...
Carvana originations up 35.5% YoY
Carvana’s originations jumped 35.5% year over year in the third quarter as sales increased. “We had record performance in virtually ...
Lazydays F&I dips 9.6% year over year
RV dealer group Lazydays’ finance and insurance revenue fell year over year in the second quarter following mixed sales performance ...
Podcast: ‘Weekly Wrap’ on originations, AI-driven lending
Tech-focused companies are looking for new ways to enter the auto space amid economic headwinds and fluctuating origination performances in ...
Camping World F&I revenue up 7.2% year over year
Camping World’s finance and insurance revenue increased year over year in the second quarter as new-RV unit sales increased and ...
MarineMax F&I revenue increases 3.7%
Marine retailer MarineMax’s third-quarter earnings reflected strong finance and insurance activity even as inflationary pressures and affordability concerns dampened demand ...
Increased scrutiny raises costs of ancillary product refunds
Auto lenders, dealers and aftermarket product providers face an uptick in regulatory oversight that will require collaboration to streamline processes ...
