Tag: earnings

PNC Financial Services is ratcheting up its allowance for credit losses amid the industrywide trend of dwindling delinquency rates in ...

Wells Fargo Auto’s second quarter was marked by increases in allowance for credit losses and net charge-offs, and a fall ...

Axis Auto Finance posted a record increase in loan originations, according to the company’s fiscal year third-quarter earnings report released ...

Carvana has pumped the brakes on its stand-alone consumer vehicle purchase program and tightened credit standards for originations, Chief Executive ...

GM Financial is gearing up for potential losses on off-lease residual values as the extent of the COVID-19 economic crisis’ ...

Volkswagen Financial Services reported a drop in originations in North America, even though “the region didn’t experience the effects of the ...

Daimler Mobility has increased its provisions for credit risk by $487.3 million during the first quarter in anticipation of an ...

After pulling “every appropriate lever” to bolster its liquidity, Ford Motor Co. and Ford Motor Credit hold $35.1 billion and ...