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Podcast: ‘Weekly Wrap’ on start of Q3 earnings

Chase Auto, PNC Financial and Wells Fargo kicked off third-quarter earnings season last week with mixed

  • Riley Wolfbauer
  • October 16, 2023

Chase Auto originations up 36% YoY as competitors pull back

Chase Auto’s originations increased year over year in the third quarter as the bank regained market

  • Amanda Harris
  • October 13, 2023

Wells Fargo Auto originations fall 24% YoY

Wells Fargo continued to let its auto portfolio shrink in the third quarter amid pricing competition

  • Joey Pizzolato
  • October 13, 2023

PNC lowers auto ACL amid strong credit performance

PNC Financial tallied a decline in allowance for credit loss coverage on its auto loan portfolio

  • Riley Wolfbauer
  • October 13, 2023

Credit unions are packaging more auto loans into bonds as rates rise

Four years ago, a credit union sold a bond backed by auto loans for the first

  • Bloomberg News
  • October 13, 2023

Credit access loosens slightly in September

Auto credit availability improved in September as approval rates increased, subprime share grew and lenders took

  • Riley Wolfbauer
  • October 12, 2023

Syndicated facilities pick up steam amid acquisitions

Syndicated credit facilities are growing in prominence in the commercial auto finance space as lenders look

  • Amanda Harris
  • October 12, 2023

Santander Consumer doubles down on preferred finance deals

Santander Consumer USA inked two preferred financing deals with OEMs eyeing U.S. expansion this month, doubling

  • Joey Pizzolato
  • October 12, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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