Tag: Wells Fargo

With dealerships’ doors closed during the pandemic, many consumers have been forced to opt for online shopping and home delivery ...

While the automotive market is still tracking behind all prior-year sales metrics, franchise dealer sentiment is optimistic about the coming ...

Wells Fargo’s move to halt contract funding from a majority of the independent auto dealers on its network is spurring ...

Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...

This week kicked off first-quarter earnings season with JPMorgan Chase, Wells Fargo, Bank of America, and Consumer Portfolio Services reporting ...

JPMorgan Chase and Wells Fargo are stockpiling reserves in the expectation of increased credit losses as a result of the ...

Santander Consumer USA’s total funding and liquidity is likely to sustain the subprime lender through the COVID-19 economic crisis. SCUSA ...

Bank of America’s auto division has deferred “tens of thousands” of auto loans since first implementing its consumer relief measures ...