Tag: Bank of America

Bank of America’s indirect consumer net charge-offs declined year over year in the second quarter as auto originations and the ...

Bank of America has lowered its EV sales penetration projections amid regulatory changes and an uptick in hybrid penetration.  The ...

New-vehicle prices and interest rates declined year over year while consumer income rose in March, contributing to the best new-vehicle ...

Bank of America’s credit performance and auto portfolio growth was steady in the first quarter as digital activity ramped up.   ...

Bank of America is automating vehicle refinancing and title transfers on its digital platforms.  The new initiative aims to improve ...

Bank of America remains confident in the long-term growth of the EV market, despite the likelihood that federal tax credits ...

Bank of America’s auto originations rose in the fourth quarter as the bank eyes further growth in 2025.  Originations increased ...

Bank of America is leaning on its diversified auto finance strategy and technological investments to drive growth and navigate changing ...