Tag: Lithia Motors

Lithia Motors’ floorplan interest expense soared in the first quarter as the retailer group’s acquisition activity picked up steam.   ...

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

Driveway Finance Corporation, Lithia Motors’ finance arm, has selected Shaw Systems’ loan servicing software as it looks to ramp up ...

Finance and insurance (F&I) revenue jumped up on a year-over-year basis at each of the major automotive retailers in the ...

Octane appoints new leaders amid expansion Powersports lender and technology company Octane announced a number of key staffing shuffles this ...

AutoNation has announced an agreement to acquire CIG Financial for $85 million to launch a captive finance arm.  The transaction ...

Lithia Motors’ finance and insurance (F&I) revenue increased for the sixth consecutive quarter to kick off 2022 as the retailer ...

Driveway, Lithia Motor‘s digital retailing arm, will be the first online auto dealer to offer real-time payments (RTP) to sellers, ...