Ramping up: Banks reclaim market share
After nearly a year of tightened underwriting standards and muted demand for credit, big banks are finally clawing back and ...
Tag: auto outstandings
Bank auto outstandings jump $41B in Q2
Bank auto outstandings are now on the rise after months of stifled growth as economic uncertainty spurs tightened credit underwriting ...
Santander posts 34% YoY increase in auto originations, positive recovery on NCOs
Santander Consumer USA experienced recovery on net charge-offs accompanied by growth in auto origination volume, on trend with other lenders’ ...
Fifth Third logs 23% YoY growth in auto in Q2
For the fifth consecutive quarter, auto loans propped up Fifth Third Bank’s overall consumer portfolio. The bank’s indirect secured consumer ...
Back to growth: Banks look to reclaim market share
Auto loan outstandings reached new heights in 2020, despite the pandemic suppressing vehicle sales, but not all lenders reaped equal ...
Weekly Wrap: A look at COVID recovery in Q1 2021
The first quarter of 2021 has proved a bright spot after many months of stressed vehicle sales due to the ...
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 ...
PNC Financial’s auto book shrinks for fourth consecutive quarter
PNC Financial Service’s auto book shrank for the fourth consecutive quarter, contributing to an overall decline in consumer loans during ...
