Earnings
Capital One Grows Auto Portfolio Fastest Among Top 5 Banks
Via Wikimedia Commons While large banks have been pulling back from the auto finance space -- or at least tempering...
Nicholas Financial’s Contract Acquisitions Decline Amid Underwriting Change
Nicholas Financial Inc. continues to see a drop in auto contracts acquired due to modified underwriting guidelines, according to the...
Volkswagen’s Originations Decline Amid Mobility Focus
VW Financial Services' North American originations were down 11.8% for the nine-month period through September, according to the company’s third-quarter...
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...
