Tag: auto originations

Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based lender’s originations rose 24.7% ...

Ford Credit’s earnings declined in the second quarter while the lender’s portfolio increased, and the captive resumed distributions to parent ...

Increased lease production contributed to an uptick in GM Financial’s consumer portfolio in the second quarter as the captive’s floorplan ...

Second-quarter bank earnings continue to point to mixed loan production volume and a rise in leasing spurred by EVs.   U. ...

Bank of America’s auto originations fell in the second quarter, while the bank’s dealership financing portfolio grew.  Originations totaled $6 ...

Second-quarter bank earnings kicked off this week and showed a continued slowdown in auto originations compared with a year ago. ...

Consumers are being buried in debt as rising costs for everyday expenses force many to turn to credit cards to ...

CarMax Auto Finance plans to increase its penetration rate in lower credit tiers after affordability challenges continued to hamper sales ...