Earnings
Lithia captive originations rise 3.2% YoY to $518M
Lithia Motors’ finance and insurance revenue grew in the third quarter as new and used unit sales saw double-digit growth,...
GM Financial’s lease originations up 14% year over year
GM Financial’s originations increased in the third quarter as an uptick in leasing volume offset a decline in new retail...
Polaris sales fall 23% year over year
Sales worsened in the third quarter for powersports manufacturer Polaris following the company’s efforts to reduce yearend production and shipments...
Podcast: Q3 bank earnings offer mixed results
Bank earnings last week highlighted mixed results as some institutions saw an uptick in auto originations while others’ portfolios shrank. ...
Ally Financial originations down 11.3%
Ally Financial logged a decline in auto originations in the third quarter as the lender focused on improving credit performance. ...
Huntington auto originations climb 71% year over year
Auto performance was mixed for regional banks in the third quarter, with Huntington Bank posting a double-digit increase in auto...
U.S. Bank auto originations up 65%
Regional banks’ third-quarter earnings highlighted growth in auto, reflecting similar trends posted by national banks earlier this month. Bank of...
Bank of America originations up 16.2% to $7.9B
Bank of America on Oct. 15 reported auto originations growth in the third quarter after volume dipped in the previous...
