Tag: covid19

This week, the Auto Finance Summit was in full swing, and a resounding theme among executives in the industry was ...

The number of Americans filing for unemployment benefits fell for the third time in four weeks, suggesting the labor market ...

AutoNation Inc., the largest U.S. car retailer, is warning new-vehicle inventories remain thin as automakers miss resupply deadlines, which may ...

Truist Financial Corp.’s third quarter was marked by a decline in the number of consumers using payment assistance, an increase ...

Ally Financial’s positive third-quarter results were marked by a surge in originations and strong credit performance as loan modifications expired. ...

This week, the Auto Finance News team discussed third-quarter earnings for some of the major publicly traded banks, and found ...

Dealership closures, a dip in new- and used-car sales, and inventory woes have challenged the auto industry, leading to a ...

PNC Financial Services’ auto portfolio was the primary driver of the bank’s $12 million drop in consumer loan net charge-offs ...