Traditional lines do well as EV unit loses more than expected.
US auto retailers sold 300,000 new EVs, an increase of 48.4% year-over-year and a record for any quarter.
Deliveries soar 18%, setting a record for the first half of the year.
Both automakers posted consecutive monthly gains in June.
Expects weakened U.S. market in the spring.
As automakers report second quarter results, analysts say a market rebound may be on the way.
The auto finance industry continued to quell the subprime bubble talk, with finance sources extending credit to five times more superprime car buyers than deep subprime shoppers.
Asbury increased its F&I per-copy average 3% to $1,436 in the second quarter. But total F&I gross profit fell due to a 'Choppy' retail environment, officials said.
During Ally Financial's second quarter earnings call, company officials said the finance source is moving downstream into the higher risk, higher yield credit tiers and focusing less on the low-risk superprime loans.
Poor retail sales were offset by a 3.1% increase in total F&I gross profit and a 40.5% increase in revenue at Sonic Automotive's EchoPark locations. While declining oil prices have hurt the company's performance in the Houston market, officials are confident the group will recover.
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