Tag: earnings

Harley-Davidson will scale back its motorcycle model offerings and focus on high performing markets during the next five years. The ...

Consumer Portfolio Services has seen an improvement in credit performance in the second quarter, largely due to unemployment benefits and ...

This week, the Auto Finance News team took a deep dive into how the pandemic is affecting subprime lenders. Auto, however, may shine bright ...

AutoNation’s second quarter was marked by a decline in both finance and insurance revenue and vehicle sales. Still, the automotive ...

Capital One’s auto division propped up the bank’s overall second-quarter performance, Chief Executive Richard Fairbank said on the company’s earnings call yesterday. “While the ...

Ally Financial forecasts its retail auto net charge-offs (NCO) to be between 1.8% and 2.1% of its portfolio by the ...

This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all reported increases in allowances ...

Truist Bank continues to accrue for potential loan losses as the country faces the coronavirus economic crisis.   Truist’s provision for credit losses totaled $844 million “given ...