Financial News

Group 1 Automotive Inc., a Fortune 500 automotive retailer, declared a cash dividend of $0.31 per share for the fourth quarter of 2020. The dividend, which represents an increase of…
The auto loan default rate was down eight basis points to 0.56 percent according to data from S&P Dow Jones Indices and Experian through January 2021 for the S&P/Experian Consumer…
Sonic Automotive reported financial results for the fourth quarter and full year ended Dec.31, 2020. The financial measures discussed below are results for the fourth quarter of 2020 compared to…
Santander Consumer USA Holdings Inc. has named Bruce Jackson as head of Santander Auto Finance, effective April 28, 2021. Jackson will join the SC leadership team and report directly to…
HyreCar Inc, a carsharing marketplace for ridesharing, food, and package delivery services, announced that it completed a previously announced underwritten public offering of an aggregate of 2.53 million shares of…
Haig Partners LLC, a buy-sell advisor to auto dealers, was the exclusive sell-side advisor to Fox Auto Group in the sale of their Toyota, Honda, Subaru and Chrysler-Jeep-Dodge-Ram dealerships in…
SAFCO, a sub-prime auto finance company, announced the addition of entrepreneur and FinTech veteran Kenneth Gang as the company’s new senior risk officer. “Having worked for the likes of Wells…
Hyundai Motor America reported total January sales of 43,394 units, a 2 percent increase compared with January 2020. Retail sales were up 1 percent and set an all-time January retail…
Westlake Technology Holdings reports 14.7 percent growth in 2020, compared to 2019, with $12.14 billion in total managed assets. The company directly attributes this success to the dedication of its…
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