Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Capital One’s auto originations grew in the second quarter as the bank took on more subprime consumers, resulting in higher net charge-offs. Auto originations rose 18.9% year over year and 16% quarter over quarter to $12.9 billion in Q2, according to the bank’s July 21 earnings supplement. Capital One’s growth follows Q2 auto origination increases […]
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David Thompson
David Thompson
David Thompson
