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Capital One Auto Finance shutters western regional buying center

Auto originations were down 10% YoY in Q3

Joey Pizzolato

Capital One Auto Finance shut down its western regional buying center in Irvine, Calif., Monday as the bank re-evaluates its geographic footprint amid declining auto originations. Following the closure, the bank’s auto regional buying center (RBC) will be in centralized in Plano, Texas, sources familiar with the matter told Auto Finance News. Roughly 50 to […]

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