Carvana originations rise 29%
Carvana earnings exceeded expectations in the first quarter as originations increased 29.3% year over year and retail sales strengthened. Originations ...
Tag: earnings
Stellantis NV North America sales drop 20%
Stellantis NV’s sales and shipments decreased in North America during the first quarter as the company scaled back production. The ...
Capital One originations increase more than 20%
Capital One Auto Finance’s originations grew in the first quarter following several quarters of year-over-year declines. Originations totaled $7.5 billion, ...
Sonic Auto F&I revenue inches up
Finance and insurance revenue ticked up slightly in the first quarter for Sonic Automotive while floor plan interest expenses jumped ...
HDFS originations inch up 2%, credit losses rise
Harley-Davidson Financial Services’ credit losses inched up while originations increased during the first quarter in tandem with a rise in ...
Tesla’s lease portfolio up 5% YoY
Tesla Finance’s lease portfolio grew year over year in the first quarter, but lease penetration and deliveries declined. Lease outstandings ...
GM Financial consumer originations fall 3% YoY
GM Financial’s penetration rates and credit performance improved in the first quarter while lease and loan activity held steady. Lease ...
Polaris aligns shipments as sales drop 20%
Powersports manufacturer Polaris reduced shipments and supply to meet dealer demand as sales fell 20% year over year during the ...
