Huntington Auto’s dealer floorplan continues decline in Q1

The bank’s auto book shrank, while RV and boat originations increased

© Can Stock Photo / Madrabothair

Huntington Auto Finance again experienced a decline in floorplan assets in the first quarter of 2021 as the industry grapples with squeezed inventory and manufacturing constraints. The COVID-19 pandemic hampered vehicle manufacturing and contributed to an ongoing shortage of both new- and used-vehicle supply across the industry. At Huntington, U.S.-based vehicle floorplan outstandings declined 20% […]

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