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Riley Wolfbauer

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Fifth Third outstandings tick down in Q3

Fifth Third Bank’s auto outstandings decreased in the third quarter following pullbacks on auto loan production

EV equipment financing poses ‘huge opportunity’ for auto lenders 

Financing energy equipment presents a potential opportunity for auto financiers as electric vehicles (EVs) gain traction,

Tesla drops as Musk says demand ‘a little harder’ to come by

Tesla Inc. shares declined in early trading after the electric-car maker reported lower-than-expected revenue and acknowledged

Ally Financial logs $12B in originations

Ally Financial recorded $12.3 billion of originations in the third quarter despite inventory constraints as yields

AmeriCredit Founder Clifton Morris Jr Dies

Clifton Morris Jr., founder of AmeriCredit Corp., died Saturday at the age of 87. Morris was

Citizens continues auto retreat in Q3 

Citizens One Auto Finance’s portfolio shrank 5.1% sequentially in the third quarter as the bank continued

Hyundai lobbies US to ease EV rule that hurts foreign carmakers

Hyundai Motor Co. and the South Korean government are ratcheting up lobbying to loosen restrictions that

Rising rates contribute to PNC auto loan dip  

PNC Financial is the latest bank to report a shrinking auto book in the third quarter

Credit Union Auto Lending Surges

David Thompson

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