Tag: auto originations

Carvana cut inventory levels again in the fourth quarter and plans for additional trimming as the retailer continues to be ...

Canadian subprime lender Axis Auto Finance’s portfolio reached a record in the second quarter of fiscal year 2023 despite a ...

Demand for auto loans significantly weakened in the fourth quarter as banks tightened credit standards amid widening spreads.   A “moderate ...

Rising interest rates and competitive pricing have caused auto lenders to cut back on originations as the majority of banks ...

GM Financial bolstered its origination volume in the fourth quarter of 2022 despite retail penetration falling due to increased competition ...

Capital One intentionally pulled back on auto loan production for the third consecutive quarter, while credit performance normalized toward pre-pandemic ...

Ally Financial lowered its risk appetite in the fourth quarter, contributing to a dip in auto origination volume as the ...

Truist’s auto book grew on a year-over-year basis in the fourth quarter, but the bank expects auto production to slow ...