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Home » Huntington posts record Q1 originations despite tight supply

Huntington posts record Q1 originations despite tight supply

New-vehicle loans accounted for 41% of originations

Amanda HarrisbyAmanda Harris
April 22, 2022
in Earnings, Powersports Finance News
Reading Time: 3 mins read
0
Huntington posts record Q1 originations despite tight supply

Photo by Amanda Harris

Huntington Auto Finance posted a quarterly record in auto originations despite continued supply chain concerns. Originations totaled $1.7 billion in the first quarter of 2022, down 5.6% sequentially but an increase of 21.4% year over year, marking the bank’s best Q1 for auto loan production. New-vehicle loans accounted for 41% of originations, according to the […]

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Tags: auto originationsauto outstandingsHuntington Auto FinancepowersportsPremiumRV
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