Weekly Wrap discussion on Q3 earnings kick off - a podcast by Auto Finance News

from 2022-10-17T21:06:58

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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.