Lithia captive originations up 30%
Lithia Motors’ captive finance arm, Driveway Finance, originated $731 million in loans during the second quarter as finance and insurance ...
Tag: new vehicle sales
AutoNation Finance originations skyrocket 134% in H1
AutoNation Finance’s originations jumped in the second quarter as credit performance improved, finance and insurance revenue grew, and vehicle sales ...
Tesla lease penetration falls under 2% as sales decline
Tesla’s lease penetration declined in the second quarter in tandem with a drop in sales and production. The EV maker ...
Podcast: July 4 sparks 0% deals, Q2 sales robust
Second-quarter sales of new autos were mixed following a spike in March and April ahead of tariffs taking effect, while ...
US auto sales lose steam after tariff-induced shopping spree
US auto sales are losing momentum after a springtime surge fueled by shoppers racing to buy cars before President Donald ...
Used EV days’ supply hits 3-year low in May
Used EV days’ supply reached a three-year low in May as sales surged year over year on the heels of ...
Mitsubishi Motors raises US prices as tariffs roil carmakers
Mitsubishi Motors Corp. is raising US prices for some vehicle models as the industry grapples with the fallout of President ...
Vehicle prices test college grads
New-car prices have increased since 2020 at a faster clip than starting salaries, eroding vehicle affordability and dampening sales. While ...
