Capital One Auto boosts bank's Q2 performance | Auto Finance News | Auto Finance News

Capital One Auto boosts bank’s Q2 performance

Photographer: Andrew Harrer/Bloomberg

Capital One’s auto division propped up the bank’s overall second-quarter performance, Chief Executive Richard Fairbank said on the company’s earnings call yesterday. “While the auto market declined sharply at the end of the first quarter, it is rebounding. The rebound thus far has been stronger for larger franchise dealers, the part of the market where we’re focused,” Fairbank said. […]

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