Tag: earnings

Wells Fargo Auto tightened credit in the fourth quarter, contributing to a decline in auto originations and outstandings.   Auto originations ...

New retail sales of recreational vehicles are projected to be down by 20% in 2023 as dealers spent much of ...

Credit performance worsened in the third quarter at banks and captives as consumers are facing inflationary pressures and high interest ...

Electric vehicle manufacturer Rivian Automotive plans to launch leasing on select Rivian truck models in the fourth quarter.   Rivian is ...

Credit Acceptance Corp.’s origination volume rose on a year-over-year basis in the third quarter, marking the sixth consecutive quarter of ...

Third-quarter earnings season continued last week with Ally Financial, Bank of America, Citizens, Fifth Third, Huntington Bank, Truist and U.S. ...

Huntington Auto Finance’s originations were flat year over year in the third quarter while net interest margins rose and the ...

Fifth Third’s auto portfolio shrank during the third quarter on the heels of the bank’s exit from indirect auto lending ...