Tag: finance and insurance

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.   ...

Buy-now, pay-later fintech Sunbit is expanding its dealer services to include finance and insurance products to assist consumers with affordability.  ...

Used-vehicle online retailer Shift Technologies cut staff following completion of its merger with used-vehicle marketplace CarLotz in the fourth quarter.  ...

Digital retailing services provider CarNow has seen an increase in finance and insurance product penetration following its November 2022 integration ...

Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases, while finance and insurance ...

Vroom’s finance and insurance profit increased 140% year over year in the fourth quarter, propping up the retailer’s gross profit ...