Wells Fargo Auto originations soar 104%
Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove growth. Originations came in at $10.2 billion, up 104% year ...
Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove growth. Originations came in at $10.2 billion, up 104% year ...
Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in the fourth quarter, but strong consumer fundamentals are expected to support ...
Auto credit availability reached a two-year high in December as lending conditions continued to ease at yearend and average transaction prices rose. The Dealertrack Credit ...
Chase Auto’s originations ticked up in the fourth quarter as credit performance was stable and lease volume rose. Auto originations came in at $10.8 billion, up 1.9% ...
Motos America will use a prepackaged restructuring plan as part of its Chapter 11 bankruptcy filing to renegotiate private credit obligations and stabilize its capital structure. The motorcycle dealership network entered bankruptcy proceedings on Dec. 31, ...
The Department of Justice is investigating other former Tricolor executives beyond its initial Dec. 17 indictment. The DOJ is conducting ...
Losses across securitized auto loans continued to rise in November 2025, highlighting sustained affordability challenges facing consumers. Annualized losses across subprime auto asset-backed securitizations (ABS) climbed 54 basis points (bps) year over ...
Tricolor Holdings founder Daniel Chu and former Chief Operating Officer David Goodgame pleaded not guilty to charges that they conspired ...