Penske Automotive CEO floats captive finance opportunity
Penske Automotive Chief Executive Roger Penske sees the opportunity to add its own captive finance company to the automotive retailer’s ...
Tag: new vehicle sales
Tesla surges after vehicle-delivery record stuns Wall Street
Tesla Inc. is off to a strong start to the new year after the electric-car maker smashed its quarterly record ...
Toyota’s swelling profits belie global auto parts shortages
Toyota Motor Corp. posted quarterly operating profit well above estimates, raised its annual outlook and unveiled a 150 billion yen ...
BMW muscles through chip shortage with profit jump
BMW AG earnings jumped to beat expectations after higher vehicle prices and prioritizing money-spinning models like the $75,000 X7 SUV ...
Powersport inventory woes spur expanded approval windows
LAS VEGAS — Powersports lenders may need to offer longer approval windows as a lack of inventory pushes consumers to ...
Industry Pulse: Inventory and auto finance trends with TransUnion’s Satyan Merchant
In the October episode of the Industry Pulse webinar, Satyan Merchant, senior vice president and automotive business leader at TransUnion, ...
U.S. factory output falls in fresh supply-chain warning
Production at U.S. factories fell by the most in seven months in September, in part reflecting a sharp pullback in ...
Inside the changing leasing landscape
Eighteen months after the COVID-19 pandemic forced manufacturing shutdowns and worldwide supply chain shortages, leasing volume has yet to ...
