Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
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APR 48 Mos.
Capital One intentionally pulled back on auto loan production for the third consecutive quarter, while credit performance normalized toward pre-pandemic levels. The bank’s fourth-quarter auto loan originations declined 20% on a linked quarter basis and 32% year over year to $6.6 billion, according to Cap One’s earnings supplement. Auto outstandings ticked down 1.5% sequentially but […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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David Thompson
David Thompson
David Thompson
