Capital One auto originations slide 28%


Capital One in the third quarter continued to slow auto loan production and prepared for normalizing credit performance.  The bank originated $8.3 billion in auto loans in Q3, a decline of 19.7% sequentially and down 28.4% year over year, according to the earnings supplement. Still, auto outstandings increased 6.5% YoY to $79.6 billion, down 0.4% […]

Source : AutoFinanceNews