Tag: Weekly Wrap

Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory. ...

Sales at most major automakers increased in October, driven in part by an increase in EV sales.  Overall sales increased ...

More auto lenders announced year-over-year origination growth last week in their third-quarter earnings reports.  Carvana posted a 35.5% YoY increase ...

Bank earnings last week highlighted mixed results as some institutions saw an uptick in auto originations while others’ portfolios shrank.   ...

Chase Auto and Wells Fargo kicked off the Q3 earnings season last week, with both lenders reporting flat or lower ...

High rates and rising consumer debt levels still drive a worsening auto loan landscape.   Delinquencies and losses rose across ...

Leasing an EV or buying a used one offers a more affordable option in today's challenging market, but many consumers ...

Demand for used vehicles is strong as supply remains limited and affordability is top of mind for consumers.   The ...