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TD Auto originations jump as focus shifts to used cars 

Banks’ market share of auto loans increased to 34% in Q2 

Truth Headlam

Banks grew their market share of used- and new-vehicle financing in the second quarter as credit unions and captives saw used share shrink, signaling a shift by consumers.   One reason for the shift could be financing deals that typically drive more share for captives.  “We’re seeing OEMs managing their incentive spends closely, with the […]

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