Huntington Auto originations up 7% YoY | Auto Finance News Huntington Auto originations up 7% YoY | Auto Finance News
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Huntington Auto originations up 7% YoY

RV and marine originations fell 70% YoY

Amanda Harris by Amanda Harris
April 21, 2023
in Earnings, Powersports Finance News
Reading Time: 4 mins read
0
Huntington’s auto book shrank during the first quarter despite an uptick in originations as the bank prioritizes higher returns.  Huntington Auto Finance’s originations climbed 25% sequentially but fell 11.8% year over year to $1.5 billion, according to the bank’s earnings presentation. New-vehicle loans accounted for 43% of originations in Q1, up compared with 39% in […]

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