Tag: auto outstandings

USAA is strategically financing certain vehicle types as banks and independent auto finance companies face a challenging market driven by ...

Dimmitt Automotive Group is shifting its focus to leasing as financing penetration dipped in 2023 and elevated interest rates prompted ...

Elevated interest rates contributed to a competitive landscape that prompted some banks to slow auto lending activity in the fourth ...

Ally Financial continued to emphasize auto lending in the fourth quarter, leading to an uptick in originations driven by strong ...

Fifth Third purposely slowed auto lending in the fourth quarter driven by elevated interest rates.  The bank’s indirect secured consumer ...

Huntington Auto Finance’s originations in the fourth quarter were flat on a year-over-year basis for the second consecutive quarter while ...

Truist continued to move away from lower-margin business lines, contributing to a decline in its auto portfolio in the fourth ...

U.S. Bank continued to scale back auto lending during the fourth quarter due to market competition and lower return levels.  ...