Earnings

Ally Financial’s positive third-quarter results were marked by a surge in originations and strong credit performance as loan modifications expired....

This week, the Auto Finance News team discussed third-quarter earnings for some of the major publicly traded banks, and found...

U.S. Bank’s third quarter reflected a decline in credit loss provisions, an increase in auto outstandings, tightening of credit standards,...

PNC Financial Services’ auto portfolio was the primary driver of the bank’s $12 million drop in consumer loan net charge-offs...

Wells Fargo Auto originations clocked in at $5.4 billion in the third quarter, a decline of 22% year over year...

Nicholas Financial is expanding with new branches and is looking to grow its direct loan portfolio despite the destabilizing effect...

Carsharing marketplace HyreCar has capitalized on changing consumer habits amid the COVID-19 pandemic by prioritizing food and other delivery services,...

Courtesy of Vroom Online sales continue to be the rising star in the automotive industry, evidenced...