Financial News

Westlake Portfolio Management (WPM), a subsidiary loan servicing company of Westlake Technology Holdings, has entered into a servicing agreement with Mechanics Bank Auto Finance (MBAF) to oversee and manage their…
At the FICO World conference, global analytics software provider, FICO announced that the Santander US Auto business, one of the largest auto lenders in the U.S., has won a 2025…
The Federal Reserve announced it will keep interest rates unchanged. Federal Chairman Jerome Powell made the announcement during the Fed’s regular press conference. “Despite heightened uncertainty, the economy is still…
Auto Financial Group (AFG), a provider of residual based financing and vehicle remarketing for financial institutions, announced results for Q1 2025 today. In the first quarter of 2025, AFG signed…
Polaris Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.67 per share payable on June 16, 2025, to shareholders of record at the…
Mazda North American Operations (MNAO) reported total April sales of 37,660 vehicles, an increase of 21% compared to April 2024. Year-to-date sales totaled 147,976 vehicles sold; an increase of 12.8%…
Real gross domestic product (GDP) decreased at an annual rate of 0.3% in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the…
Polaris Inc. released first quarter 2025 results. For the first quarter, the company reported worldwide sales of $1,536 million, down 12% versus the first quarter of 2024. North America sales…
Penske Automotive Group, Inc., a diversified international transportation services company and an automotive and commercial truck retailer, announced quarterly results for the first quarter of 2025. For the quarter, revenue…
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