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Wells Fargo Auto originations soar 114% with Volkswagen deal

Wells Fargo Auto’s preferred financing arrangement with Volkswagen contributed to double growth of auto originations year over year in the third quarter.  Auto originations landed at $8.8 billion, up 114.6% year over year and 27.5% quarter over quarter, according to the bank’s Q3 earnings supplement today.   The bank in May became the preferred lender for […]