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Weekly Wrap discussion on Q2 earnings kickoff episode artwork

Jul 15, 2024 7 min

Weekly Wrap discussion on Q2 earnings kickoff

from Auto Finance News Podcast Hosted by Auto Finance News

Second-quarter bank earnings kicked off this week and showed a continued slowdown in auto originations compared with a year ago. Chase Auto’s originations declined 10% year over year to $10.8 billion and Wells Fargo Auto’s originations decreased 22.9% YoY to $3.7 billion. Powersports sales slowed in June.

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Weekly Wrap discussion on Q2 earnings kickoff

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