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Industrywide originations slip 0.4%

Economic headwinds continued to affect auto origination volume in the first quarter, but affordability concerns eased in the second quarter.   Industrywide originations came in at 6 million contracts in Q1, down 0.4% year over year and 27.4% from Q1 2019, prior to the pandemic, according to TransUnion’s Q2 2024 Credit Industry Insights Report published today.   […]