Earnings
GM Financial Lease Originations Climb 19% in 2Q
General Motors Financial Co. released its second-quarter earnings today. The company's U.S. auto lease originations were up to $6.1 billion as...
Huntington Auto Originations Grow 12% YoY
Huntington Bancshares Inc. auto originations were up to $1.55 billion in the second quarter – a 12.6% growth over the...
Polaris Takes ‘Disciplined’ Approach to Low Fico Consumers, CFO Says
Polaris Industries Inc. is working with one of its third-party financial partners "to target deeper into lower credit bands," Mike Speetzen, the...
U.S. Bank Sees 6.9% Auto Origination Growth in 2Q
U.S. Bank’s average auto loans -- which have a weighted average Fico of 772 -- totaled $16.7 billion in the second quarter, up from...
Wells Fargo Originations Up 2%, Credit Expected to ‘Normalize,’ CFO Says
Wells Fargo originated $8.3 billion of auto loans in the second quarter, up 2% from the same time a year...
Chase Auto Originations Drop 11.5% in 2Q
Chase Auto Finance loan and lease originations fell to $8.5 billion for the second quarter, from $9.6 billion in the...
GM Financial Boosts Prime Portfolio
General Motors Financial Co. is entering the third phase of its captive strategy — a business plan set in motion...
Auto Credit Quality ‘Trending the Wrong Way,’ JPMorgan Analyst Says
BOSTON -- There is cause for concern in the auto finance market, but ultimately no “bubble that’s going to burst,”...
