Tag: Premium

Capital One Auto Finance’s origination volume declined in the fourth quarter following a ramp-up in auto lending during the second ...

Tesla Finance lease penetration inched up in 2023 despite falling by half in the fourth quarter.   Leasing penetration on the ...

Sonic Automotive’s closure of its Northwest Motorsport dealerships on Jan. 23 not only further shrinks the retailer’s used-vehicle business, EchoPark ...

Octane Lending is set to offer promotional financing for Kawasaki Motor Corp. recreational units in a move that will expand ...

Compressed margins and plummeting sales volumes coupled with a capital-intensive business model, led to the downfall of Vroom, the automotive ...

Sonic Automotive-owned, used-car dealer group Northwest Motorsport closed its doors Jan. 23, citing market concerns.   The Puyallup, Wash.-based dealership ceased ...

Despite Vroom winding down its e-commerce used-vehicle sales operations, the retailer’s captive United Auto Credit Corp. maintains that it is ...

Dimmitt Automotive Group is shifting its focus to leasing as financing penetration dipped in 2023 and elevated interest rates prompted ...