Tag: auto originations

Wells Fargo Auto tallied a year-over-year decline in originations and outstandings in the first quarter amid tightening credit and pricing ...

Chase Auto increased its origination volume year over year for the first time in five quarters as vehicle supply continues ...

CarMax Auto Finance adjusted its underwriting standards and increased its credit loss provisions last quarter amid “unfavorable performance” and an ...

TD Auto Finance’s floorplan utilization rates have more than doubled after falling to pandemic-spurred lows as new-vehicle inventory improves.   ...

Consumer Portfolio Services tightened credit considerably and raised interest rates in 2022 to protect margins amid rising costs of funds.   ...

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 ...