Geographic expansion and higher credit lending will prop up auto loan originations for Capital One Auto Finance in the coming months, a pair of senior executives said during the company's third-quarter earnings conference call.
Cap One originated $3.4 billion of auto loans last quarter, up 17% from the second quarter and up 40% from 3Q10. “We expect that auto originations will remain strong and drive continuing growth in auto loans,” said Richard Fairbank, chairman and chief executive…
ContinueAdded by Christina Haberstroh on October 24, 2011 at 2:30pm — 1 Comment
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