Wells Fargo Auto again posted record origination volume with third-quarter originations jumping 70.4% year over year to $9.2 billion. Origination volume also increased last quarter by 48% YoY to $8.3 billion. “Despite strong consumer demand for autos, inventory shortages are putting downward pressure on industry sales and driving higher prices,” Wells Fargo Chief Financial Officer […]
Source : AutoFinanceNews
