Tag: auto originations

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 ...

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 ...