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Citizens’ auto portfolio continues runoff

Citizens Financial continued to run off its auto portfolio in the fourth quarter following the bank’s

  • Joey Pizzolato
  • January 17, 2024

Alfa announces Originations for US auto finance

The second of six releases that make up Alfa Systems 6, a breakthrough iteration of the

  • Press Release
  • January 17, 2024

PNC reduces allowance coverage as delinquencies improve 

PNC Financial cut automotive allowance for credit loss coverage for the second straight quarter even as

  • Joey Pizzolato
  • January 16, 2024

Podcast: ‘Weekly Wrap’ on Q4 earnings kickoff 

Fourth-quarter earnings season kicked off with several banks reporting mixed results in auto originations as some

  • Amanda Harris
  • January 16, 2024

Chase Auto originations up 32% 

Chase Auto’s originations grew year-over-year in the fourth quarter of 2023 as the bank snagged additional

  • Amanda Harris
  • January 12, 2024

Wells Fargo Auto originations fall 34% amid tightened credit

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

  • Riley Wolfbauer
  • January 12, 2024

Bank of America auto originations fall 10%  

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

  • Joey Pizzolato
  • January 12, 2024

Doug Timmerman named interim Ally Financial CEO 

Longtime Ally Financial leader Doug Timmerman today was named the lender’s interim chief executive, succeeding Jeffrey

  • Amanda Harris
  • January 12, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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