Earnings

GM Financial bolstered its origination volume in the fourth quarter of 2022 despite retail penetration falling due to increased competition...

Earnings season has so far been marked by declines in lenders’ auto portfolios, while Tesla reported a decrease in leasing...

Auto outstandings at U.S. Bank fell for the fourth consecutive quarter while delinquencies inched up.  The bank’s auto outstandings totaled...

Capital One intentionally pulled back on auto loan production for the third consecutive quarter, while credit performance normalized toward pre-pandemic...

Banks last week announced in their earning calls plans to continue pulling back on auto lending as interest rates constrained...

Huntington Auto Finance posted year-over-year declines in auto outstandings and originations in the fourth quarter while delinquencies began to rise. ...

PACCAR Financial Services, the finance arm of truck manufacturer PACCAR, posted record profits driven by elevated prices and used-truck sales. ...

Truist’s auto book grew on a year-over-year basis in the fourth quarter, but the bank expects auto production to slow...