Penske Auto floorplan interest expense jumps 242% YoY
Penske Automotive logged an increase in floorplan interest expense in line with other publicly traded automotive retailers in the second ...
Penske Automotive logged an increase in floorplan interest expense in line with other publicly traded automotive retailers in the second ...
Group 1 Automotive’s finance and insurance profits remained steady in the second quarter as finance penetration decreased amid high interest ...
Lithia Motors showed declining finance and insurance revenue while nearly doubling its floorplan interest expenses quarter over quarter. Finance and ...
AutoNation Finance’s loan penetration increased in AutoNation storefronts during the second quarter while finance and insurance revenue ticked up and ...
Vroom’s finance and insurance profit ticked up in the first quarter as overall e-commerce gross profit benefited from units held ...
First-quarter earnings continued last week, with Capital One Auto Finance, GM Financial and Consumer Portfolio Services reporting mixed results, in ...
Auto retailers’ finance and insurance revenue dipped in the first quarter while floorplan interest expenses rose nearly across the board ...
Lithia Motors’ floorplan interest expense soared in the first quarter as the retailer group’s acquisition activity picked up steam. ...