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Lithia captive originations rise 3.2% YoY to $518M 

F&I revenue rose 3.1% YoY to $360M 

James Van BramerbyJames Van Bramer
October 23, 2024
in Earnings
Reading Time: 3 mins read
0

Lithia Motors’ finance and insurance revenue grew in the third quarter as new and used unit sales saw double-digit growth, while the retailer’s captive finance originations also increased year over year.  Driveway Finance Corp. (DFC), Lithia Motors’ finance arm, originated $518 million in auto loans in Q3, up 3.2% year over year but down 7.8% […]

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