Wells Fargo commercial book grows, floorplan utilization dips amid tariffs
Retailers’ Q3 results show decline in floorplan interest expense
Floorplan financing has slowed in recent months following an uptick earlier this year amid higher inventories prior to impending tariffs boosting sales. While floorplan utilization has dipped, higher supplies prior to a spring sales boost contributed to growth in Wells Fargo’s commercial auto portfolio, Cynthia Caine, head of commercial auto at the bank, told Auto […]
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