Ally Financial auto originations jump 20.9% in Q2
Ally Financial’s auto originations rose in the second quarter, while consumer affordability pressures kept delinquencies elevated. Ally’s auto loan and ...
Ally Financial’s auto originations rose in the second quarter, while consumer affordability pressures kept delinquencies elevated. Ally’s auto loan and ...
Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist’s indirect auto net charge-offs ...
Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which ...
Chase Auto’s originations grew in the second quarter while credit performance improved. Auto loan and lease originations rose 8.9% year ...
Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the second quarter rose year over year, while the bank’s overall digitally enabled sales increased. Net charge-offs ...
Lucid Group Inc. is working with restructuring advisers to turn around its struggling business, according to people familiar with the ...
America’s Car-Mart’s credit performance worsened and vehicle sales slowed in its fiscal fourth quarter as funding constraints limited auto originations ...
Boat and RV retail demand weakened in May as affordability pressures, elevated interest rates, and higher fuel costs weighed on ...