Tag: auto originations

Ally Financial’s auto originations declined 22% year over year as the bank prioritized higher-quality credit, while electrified vehicle financing volume ...

U.S. Bank’s auto originations declined in the second quarter as the bank focuses on high-margin lines of business while outstandings ...

Bank of America is gearing up to come to market with its first auto asset-backed securitization deal in over a decade ...

Second-quarter earnings kicked off last week to mixed results amid declining auto loan demand, even as sales remain strong. Wells ...

Wells Fargo Auto tightened credit amid continued pricing competition in the second quarter as origination volume slowed and the bank’s ...

Chase Auto’s origination volume jumped in the second quarter, even as other banks stepped back from auto finance.   Auto ...

June marked a continued pullback on indirect auto lending in a challenging market, but a strong sales month for electric ...

CarMax Auto Finance increased its credit loss provisions in its fiscal year 2024 first quarter due to “unfavorable” portfolio performance ...