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Home » Wells Fargo Auto originations soar 104% 

Wells Fargo Auto originations soar 104% 

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

Amanda HarrisbyAmanda Harris
January 14, 2026
in Earnings
Reading Time: 4 mins read
0
A Wells Fargo Bank Branch Ahead of Earnings Figures

© 2023 Bloomberg Finance LP

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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Tags: auto originationsauto outstandingsdelinquenciesPremiumWells Fargo Auto
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