Chase Auto originations trough and peak in Q2 | Auto Finance News | Auto Finance News

Chase Auto originations trough and peak in Q2

JPMorgan Chase & Co. bank branch in Chicago, Illinois. Photographer: Christopher Dilts/Bloomberg

Chase Auto’s originations plummeted early in the second quarter to levels not seen since the Great Recession before rallying to historic highs in June, Jennifer Piepszak, chief financial officer at JP Morgan Chase, said during the company’s July 14 earnings call. Total originations clocked in at $7.7 billion, a 9.4% year-over-year decline, which the bank […]

Get Auto Finance News Premium for as low as $8 per week!

Start your free one week trial today for access to the latest industry news and trends.

Subscribe

Latest Magazine Issue
Sign Up Email List