GM Financial originations surge 34% YoY in Q1 2021
GM Financial ratcheted up North American retail origination volume 34% year over year to $7.6 billion in the first quarter ...
Tag: auto originations
Vehicle loan outstandings surpass $1.2T in 2020
Despite a global pandemic that depressed vehicle sales, auto loan outstandings reached new heights in 2020 as several lenders logged ...
Citizens Bank eyes auto loan growth on coattails of recovery
Citizens One Auto Finance has its sights set on growth in the second half of 2021 as the economy continues ...
Ally Financial clocks highest origination volume in five years
Ally Financial posted another record quarter in Q1 of 2021, with the highest origination volume in five years sourced from ...
Auto props up Fifth Third’s Q4 consumer portfolio
Indirect auto loans again propped up Fifth Third Bank’s total consumer portfolio, offsetting declines in mortgage and home equity balances. ...
KeyBank exits indirect auto
KeyBank has discontinued indirect auto originations, although it will continue to service its $4.6 billion portfolio until it runs off ...
Fidelity Bank Exits Indirect Auto
Fidelity Bank is shuttering its indirect auto business after nearly 30 years, Auto Finance News has learned. "Effective May 15, ...
