Chase Reports Increase in Auto Originations Over 2nd Q


SubPrime News - October 13, 2010

While down year-over-year, Chase revealed this week that auto loan orig­i­na­tions were up by about 5 per­cent quar­ter-over-quar­ter. For the third quar­ter, Chase report­ed that auto orig­i­na­tions came in at $6.1 bil­lion, down 12 per­cent from the pri­or year, but up 5 per­cent from the pre­vi­ous quar­ter. Auto orig­i­na­tions were $5.8 bil­lion in the sec­ond quar­ter and $6.9 bil­lion in the third quar­ter of last year.

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