Tag: earnings

Stellantis NV’s captive, Stellantis Financial Services, is looking to more than double its U.S. auto portfolio by yearend 2024 following ...

Lithia Motors showed declining finance and insurance revenue while nearly doubling its floorplan interest expenses quarter over quarter.  Finance and ...

Powersports manufacturer Polaris increased its promotional activity in the second quarter as North American retail sales and dealer inventory rose ...

Sheffield Financial, Truist Bank’s powersports lending arm, logged double-digit growth in originations during the second quarter.  Winston Salem, N.C.-based Sheffield ...

Tesla’s leasing penetration rate ticked up on a year-over-year basis in the second quarter as leasing revenue fell and production ...

Truist’s auto portfolio decreased in the second quarter as the bank intentionally pulled back and tightened credit in auto lending ...

Carvana’s loan sales in the second quarter outpaced origination volume and drove up finance gross profit per unit as the ...

Citizens Financial Group’s auto book fell 9.6% sequentially in the second quarter following the bank’s decision to exit indirect auto lending last ...