Bank of America auto originations up 15% YoY
Bank of America’s auto lending activity picked up on a year-over-year basis in the third quarter as credit quality declined. ...
Tag: auto outstandings
Chase Auto originations up 36% YoY as competitors pull back
Chase Auto’s originations increased year over year in the third quarter as the bank regained market share, even as challenging ...
PNC lowers auto ACL amid strong credit performance
PNC Financial tallied a decline in allowance for credit loss coverage on its auto loan portfolio in the third quarter ...
Inside American Honda Finance’s F&I rollout
American Honda Finance Corp. is launching finance and insurance products as the lender continues to see growth in loan and ...
Vroom F&I profits rise 82% YoY
Vroom’s finance and insurance profit increased in the second quarter as the retailer scaled e-commerce sales and offloaded older inventory. ...
Ford Credit profitability declines amid high funding costs
Ford Credit’s consumer portfolio grew in the second quarter while credit performance remained steady and lower financing margins drove down ...
Driveway Finance originations dip amid profitability focus
Driveway Finance Corp.’s originations declined sequentially in the second quarter as Lithia Motors prioritized profitability and steady growth of its ...
GM Financial originations up 1%, loan share shrinks
GM Financial’s origination volume was flat in the second quarter as the captive’s loan share declined, even as retail sales ...
