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Wells Fargo Auto originations up 40.6% 

Bank’s auto delinquencies declined 41 bps YoY in Q2 

Amanda Harris

Wells Fargo Auto’s originations continued to climb in the second quarter as the bank leans into auto amid its financing arrangement with Volkswagen.  The bank’s auto originations totaled $9.7 billion, up 40.6% year over year and flat quarter over quarter, according to Wells Fargo’s earnings supplement today.   Chase Auto also recorded an 8.9% YoY increase in originations in Q2, while Bank of […]

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