Financial News

Mazda North American reported Certified Pre-Owned sales totaled 6,880 vehicles in April, an increase of 187 percent compared to April 2020, and achieved its best ever April. Overall, Mazda totaled…
Sonic Automotive reported record revenues of $2.8 billion in its first quarter ended March 31. Those numbers are up 20.7%. Sonic also reported record first quarter income from continuing operations…
Nearly half of U.S. consumers think their finances will improve in the next year, as nearly a third saw improvements in their spending habits and savings, according to a new…
Penske Automotive Group reported the highest first quarter revenue, highest income from continuing operations, and highest earnings per share in company history. For the three months ended March 31, 2021,…
While the coronavirus pandemic reduced AUL Corp’s 30th anniversary last April to a point on the calendar, 2020 turned out to be a record-setting year for the F&I leader, according…
MUSA Auto Finance, an automotive finance and technology lender specializing in leasing, has named two new executives. Jon Lamb is now CEO of MUSA Auto Finance. He also remains president…
Lithia Motors & Driveway reported the highest first quarter revenue and earnings per share in company history. First quarter 2021 revenue increased 55% to $4.3 billion from $2.8 billion in…
Black Book’s VIN-specific History-Adjusted Valuations are now available for residual values in the company’s self-service batch processing platform, ValuEngine, as well as their API. History Adjusted Valuations have already been…
Crestview Partners announced a majority investment into AutoLenders, a leading regional platform for financing, buying and selling automobiles with approximately $700 million in annual revenues. Headquartered in Berlin, N.J., AutoLenders…
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