Wells Fargo Auto originations fall 23%
Wells Fargo Auto’s origination volume dipped during the second quarter as the bank’s auto portfolio shrunk. Auto loan originations came…
Wells Fargo Auto’s origination volume dipped during the second quarter as the bank’s auto portfolio shrunk. Auto loan originations came…
Welcome to 2024 and to my new column in Auto Finance News, which we are calling “Off the Lot” because…
Honda Motor Co. sketched plans for a drawn-out deal that amounts to an acquisition of Nissan Motor Co., as Japan’s…
USAA is implementing new technology to speed the loan application and approval process as the lender projects flat auto origination…
If you only serviced your car once a year, you would not expect it to perform at its best. Oil…
First-quarter earnings continued to bring mixed results as vehicle sales slowed in April. Capital One’s auto outstandings decreased 3.7% year…
Westlake Financial Services is offering fleet financing for dealers that have signed on to mobility platform DriveItAway’s subscription-to-own model. …
An oversupply of performing loan portfolios for sale from buy here, pay here dealers coupled with a decrease in potential…
Tricolor Auto Acceptance Chief Executive Daniel Chu resigned from the board of directors for Origin Bank days before the lender…
Digitally originated auto loan contract volumes increased 21% across the industry during the fourth quarter as banks and captives prioritized…
Used-vehicle values declined for the second consecutive month after holding steady at the top of the year as retail sales…
Auto dealers are likely to see a slight bump in retail sales in February, but not just because of added…
Motorcycle sales surged at the 85th annual Sturgis Motorcycle Rally in August, indicating sustained consumer demand despite tariff-induced headwinds. Retailer…
Auto delinquencies are expected to stabilize in 2025 as interest rate cuts by the Federal Reserve offer added refinancing opportunity…
Tesla Finance logged a decline in lease penetration in the first quarter as sales fell below analyst estimates. Sales subject…