Earnings

Chase Auto’s originations grew year-over-year in the fourth quarter of 2023 as the bank snagged additional market share while prioritizing...

Wells Fargo Auto tightened credit in the fourth quarter, contributing to a decline in auto originations and outstandings.   Auto originations...

Bank of America’s auto originations dipped in the fourth quarter as credit continued to normalize and commercial loans to vehicle...

CarMax Auto Finance’s originations and penetration rate declined during the third quarter of its fiscal 2024 as the financier tightened...

Canadian powersports manufacturer Bombardier Recreational Products’ North American retail sales were stagnant alongside declining consumer demand amid macroeconomic conditions.  BRP’s...

Credit performance worsened in the third quarter at banks and captives as consumers are facing inflationary pressures and high interest...

Consumer Portfolio Services tallied a decline in origination volume in the third quarter as the lender held firm on tightened...

AI-based lending platform Upstart tallied a steep decline in auto loan production in the third quarter as nonprime consumers continued...