Wells Fargo Auto originations continue to slide

Photographer: Daniel Acker/Bloomberg

Wells Fargo Auto originations clocked in at $5.4 billion in the third quarter, a decline of 22% year over year and 5% from last quarter, largely due to pandemic-related shutdowns. Outstandings came in at $48.5 billion, a 4% increase YoY and a 1% decrease from the second quarter. Stimulus programs and payment assistance for consumers […]

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