Financial News

The board of directors of Ally Financial Inc. declared a quarterly cash dividend of $0.19 per share of the company’s common stock, payable on Nov. 13 to stockholders of record…
Group 1 Automotive Inc., an international, Fortune 500 automotive retailer, reported preliminary financial results for the three months ended Sept. 30. Group 1 expects diluted earnings per common share to…
Mazda North American Operations (MNAO) reported total September sales of 24,237 vehicles, an increase of 28.7 percent compared to September 2019. Year-to-date sales totaled 203,280 vehicles; a decrease of 2.3…
BMW of North America recently announced a dip in Q3 2020 sales results for the BMW and MINI brands in the U.S. For the quarter ending Sept. 30, BMW brand…
Ford’s pickup sales hit their best third quarter in 15 years, according to its Q3 sales report. Ford also reported 551,796 total U.S. sales, nearly 5 percent less than Q3…
Kia Motors America announced September sales of 55,519 units marking both the best September retail sales and best quarterly retail sales performances. September sales were led by the Telluride and…
Kroll Bond Rating Agency (KBRA) assigned preliminary ratings to eight classes of notes issued by Westlake Automobile Receivables Trust 2020-3, a $1.0 billion auto loan ABS transaction. The preliminary ratings…
Lithia Motors, Inc. reported preliminary financial results for the three months ending Sept. 30. Based on preliminary information available today, Lithia expects third quarter 2020 net income per diluted share…
Installment payments platform, Sezzle, announced its business partnership with Ally Lending, the B2B2C lending arm of Ally Bank, the banking subsidiary of Ally Financial. Ally Financial is a digital financial…