Weekly Wrap: Q3 earnings bring floorplan declines, strong consumer originations
This week brought a closer look at third-quarter earnings at some of the largest banks, painting a picture of how ...
This week brought a closer look at third-quarter earnings at some of the largest banks, painting a picture of how ...
Bank of America is the latest auto lender to report decreased floorplan balances as constrained inventory continues to plague the ...
Truist’s dealer floorplan portfolio declined $1.1 billion sequentially in the third quarter as inventory shortages continue to hit dealer lots ...
U.S. Bank’s auto portfolio grew in the third quarter, complemented by low net charge-offs and delinquencies, which are expected to ...
Wells Fargo Auto again posted record origination volume with third-quarter originations jumping 70.4% year over year to $9.2 billion. Origination ...
Chase Auto posted its second-highest origination volume ever in the third quarter as delinquencies and credit losses remained low. Originations ...
Last week, new September data points in unemployment, used-vehicle values and new-vehicle sales painted a less-than-optimistic picture of what’s to ...
A triple-digit sales increase this year hasn’t managed to bail it out of multimillion-dollar profit losses, but for the first ...