Fifth Third forecasts 16% dip in auto originations in 2023
A decline in auto loan production offset growth in Fifth Third’s consumer portfolio in the fourth quarter as the bank ...
A decline in auto loan production offset growth in Fifth Third’s consumer portfolio in the fourth quarter as the bank ...
Banks’ fourth-quarter earnings results painted a mixed picture of auto lending conditions as financiers prepare for a potential recession and ...
Allowance for loan losses at Chase Auto held steady as delinquencies and net charge-offs continued their slow march toward normalization ...
Wells Fargo Auto recorded more new-vehicle loan and lease originations than those for used vehicles in the fourth quarter as ...
Bank of America’s auto portfolio grew in the fourth quarter despite an intentional pullback in consumer lending in a larger ...
Auto Finance News’ top-read stories in 2022 reflect electric vehicle (EV) finance strategies, technology advancements, debt challenges and changing market ...
CarMax Auto Finance is feeling the squeeze of rising interest rates and compressed interest margins as the lender pads its ...
Wells Fargo’s $3.7 billion settlement with the Consumer Financial Protection Bureau includes the largest consumer redress and financial penalty in ...