Episode Details
Back to EpisodesWeekly Wrap discussion on Q3 earnings kick off
Episode 151
Published 3 years, 8 months ago
Description
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.