Earnings
Auto Portfolio Runoff Cost Regions $500M This Year, Expected to Continue Into 2019
Via Wikimedia Commons Regions Financial Corp. continues to see declines in its auto portfolio amid a repositioning away from third-party...
Huntington Bank Eyes More Expansion for RV Lending Business
Huntington Bancshares Inc. continues to focus on its recreational lending business, following the expansion of subsidiary FirstMerit Corp. into 17...
OneMain Taps Direct Lending Product to Grow Auto Portfolio
Via OneMain Financial OneMain Financial grew its auto portfolio in the third quarter largely driven by an increased focus on...
Tesla Used-Vehicle Sales Rise Amid Model 3 Production Issues
While Tesla Motors Inc. has been battling bottle-neck production issues for its Model 3 vehicle, used Model X and S...
Polaris Credit Approval Rate Climbs 300 Basis Points in 3Q
Polaris Industries Inc. reported a 300 basis point year over year rise in its credit approval rate to 65% in the...
Welcome to the New Auto Finance News
Auto Finance News released today a massive rebranding, aimed to help readers more easily discover the best news within the...
Capital One Becomes More Cautious in Auto
Although Capital One Auto Finance Inc. has experienced solid loan growth this past year, the bank is becoming more prudent...
Santander Eyes Subprime Expansion Amid Lower 3Q Originations
Santander Consumer USA indicated that it’s ready to shift back to a strategy of gaining marketshare in the subprime space...
