Q3 earnings shed light on supply constraint woes, origination growth

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The third quarter provided a glimpse into the impact of supply chain constraints that are likely to last at least another year. While many auto lenders experienced declining floorplan balances and slowing new-vehicle sales, several financiers also enjoyed the strongest Q3 origination volumes seen in years, propped up by the used-vehicle market. “Lots are pretty […]





Source : AutoFinanceNews