Tag: earnings

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 ...

Sonic Automotive has raised the minimum wage for all hourly employees following the company’s strong performance in the second quarter ...

Auto lenders are keeping an eye on funding, the rideshare revival and the challenge of navigating the return to offices ...