Tag: auto outstandings

Consumer Portfolio Services’ originations declined in the fourth quarter and the full year as the financier prioritized margins and credit health.  The ...

Credit Acceptance Corp.’s originations declined in the fourth quarter as the company eyes growth with franchise and large independent dealers alongside AI ...

GM Financial’s originations declined in the fourth quarter as finance penetration shrank and vehicle sales slowed.  Loan and lease originations came in at $12.6 ...

Banks reported growth in auto originations in the fourth quarter as credit performance was mixed.   Auto originations at Ally Financial, Capital One, Chase Auto, U.S. Bank and Wells Fargo increased year over year, according to ...

Capital One Auto Finance’s originations rose year over year in the fourth quarter despite a downtick sequentially amid competition.  The bank’s auto originations rose 8.5% YoY but declined 5% quarter ...

Ally Financial’s originations rose in the fourth quarter as credit performance improved following underwriting adjustments.   Auto originations landed at $10.8 billion in Q4, up 4.9% year over year compared with $10.3 billion but down ...

Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove growth.  Originations came in at $10.2 billion, up 104% year ...

Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in the fourth quarter, but strong consumer fundamentals are expected to support ...