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Categories: Banks and Credit Unions
Subprime Up 13% as Total Auto Originations Decline

Originations for car buyers and lessees with sub-620 credit scores grew 13% to $27.9 billion, accounting for 21.8% of total outstanding auto balances in the...

https://www.vehicleremarket.com/332680/subprime-up-13-as-total-auto-originations-decline
Categories: Banks and Credit Unions
Embattled Wells Fargo Chief Steps Down

Tim Sloan, president and CEO of Wells Fargo & Co., will retire June 30, the bank announced. General Counsel Allen Parker will serve as interim chief...

https://www.vehicleremarket.com/328433/embattled-wells-fargo-chief-steps-down
Categories: Banks and Credit Unions
Auto Loans Reach $1.14 Trillion

Average monthly payments for new-vehicle purchases ($530), new-vehicle leases ($430), and used vehicles ($381) all reached new highs, growing by 4% to 6%...

https://www.vehicleremarket.com/325672/us-auto-loans-reach-1-14-trillion


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