Earnings
MarineMax F&I revenue dips 5.2%
Marine retailer MarineMax’s first quarter of fiscal 2025 was strained by back-to-back hurricanes and softened retail demand. “We ended fiscal...
Loan volume drives up GM Financial originations 23%
GM Financial set a quarterly record for originations in the fourth quarter driven by higher retail loan volume in North...
Polaris Q4 sales drop 23% as shipments fall 33%
Polaris’ sales remained sluggish in the fourth quarter amid continued efforts to reduce yearend shipments. Fourth-quarter sales landed at $1.8...
Ally Financial originations climb 7.6%
Ally Financial’s fourth-quarter auto originations climbed year over year as the bank prioritized its auto lending business. The Detroit-based lender’s...
Capital One auto originations surge 53%
Capital One Auto Finance’s originations surged year over year in the fourth quarter of 2024 as auto delinquencies improved. Auto...
Fifth Third auto net charge-offs rise in Q4
Fifth Third Bank’s auto outstandings grew in the fourth quarter while credit losses rose. The bank’s indirect secured consumer portfolio,...
Huntington Bank auto originations up 83%
Regional bank's’ fourth-quarter earnings primarily showcased growth in auto finance, mirroring similar results reported by national banks this week. Bank...
Bank of America originations rise 11.5% year over year
Bank of America’s auto originations rose in the fourth quarter as the bank eyes further growth in 2025. Originations increased...
