Weekly Wrap discussion on Q3 earnings kick off
Third-quarter earnings season kicked off last week, painting yet again another dismal outlook for the auto finance industry.
Third-quarter earnings season kicked off last week, painting yet again another dismal outlook for the auto finance industry. Chase Auto and Wells Fargo Auto reported origination volume declines of 35% year over year and 41% YoY, respectively, as limited vehicle supply and higher interest rates limit auto loan production.