Tag: earnings

Ally Financial closed out 2020 with strong origination volume and positive credit performance despite COVID-19’s adverse impact on the industry. ...

Auto lenders have so far seen mixed results in their fourth-quarter earnings. PNC Financial Services, for one, saw a 15% ...

Bank of America’s auto portfolio dwindled last year as economic stress spurred by the coronavirus pandemic tightened credit and depressed ...

A decrease in auto loans contributed to an overall decline in PNC Financial Services’ fourth-quarter consumer portfolio. Auto outstandings clocked ...

Several auto lenders this week announced innovative ways to expand or improve their business. Chase Auto, for one, has joined with electric ...

Wells Fargo Auto is hoping to increase automation within its loan approval process by investing in the company’s origination system ...

Tightened underwriting standards amid COVID-19 and a partnership with Westlake Financial Services has opened the door for Canada-based Axis Auto ...

The auto industry, overall, saw a stronger performance in the third quarter than leaders expected at the onset of the ...