Whether you are purchasing a new or used vehicle, obtaining financing is usually the most difficult part of the process. Since more than 80% of new vehicle purchases are financed, you aren’t alone if ...

Capital One has laid off a small number of its 3,300 auto finance employees. The layoffs occurred last week in response to the company's decision to cut back on writing new loans, according to a ...

JPMorgan Chase, Ally Financial, Wells Fargo, Capital One and Bank of America are the banks with the largest presence in the auto lending industry – together holding a little more than 25% of all ...

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Capital One reported strong auto loan origination growth but fierce competition as it and other major publicly traded auto lenders shared third-quarter results. Capital One's auto loan originations ...