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Wells Fargo Auto originations soar 104% 

Auto outstandings rose 19% on heels of VW preferred financier deal 

Amanda Harris

Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove growth.  Originations came in at $10.2 billion, up 104% year over year and 15.9% quarter over quarter, according to the bank’s earnings supplement today. Auto outstandings totaled $50.5 billion, up 19.2% YoY and 9.7% QoQ.   The growth comes on the heels of a May 2025 deal making Wells Fargo the preferred lender for Volkswagen and Audi brands in the United States, Chief […]

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