Earnings
PNC Financial’s Q4 marked by declines in auto
A decrease in auto loans contributed to an overall decline in PNC Financial Services’ fourth-quarter consumer portfolio. Auto outstandings clocked...
Chase Auto originations continue to shine through year-end
Chase Auto’s origination volume closed out the fourth quarter and the year in a strong position, despite the pandemic depressing...
Wells Fargo looks to increase vehicle loan automation
Wells Fargo Auto is hoping to increase automation within its loan approval process by investing in the company’s origination system...
COVID paves way for Axis Auto Finance origination growth
© Can Stock Photo / daoleduc Tightened underwriting standards amid COVID-19 and a partnership with Westlake...
Auto finance industry’s Q3 is a bright spot
The auto industry, overall, saw a stronger performance in the third quarter than leaders expected at the onset of the...
Shift eyes increased F&I revenue in Q4
Shift Technologies, which went public through a reverse merger at the beginning of October, has eyes on expanding its finance...
Vroom posts record sales, profit in Q3
Online vehicle retailing is showings no signs of slowing down. Vroom is in full-on growth mode as the company clocks...
RumbleOn adds watercraft listings, eyes RVs
RumbleOn is clawing back from a rough second quarter with record performance in gross margin on vehicles sold, spurring the...
