Auto Finance News

Tricolor bankruptcy contributes to $170M in Q3 charge-offs at JPMorgan Chase

Tricolor collapse contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase, while auto originations ...

Jamie Dimon warns of potential credit problems in the industry after Tricolor bankruptcy

JPMorgan Chase & Co. Chief Executive Jamie Dimon warned of more credit problems in the world of lending to non-bank financial ...

JPMorgan CEO says its exposure to collapsed auto dealer Tricolor "not our finest moment"

JPMorgan Chase's exposure to bankrupt auto dealer Tricolor is "not our finest moment," the bank's CEO Jamie Dimon told ...

"When You See One Cockroach, There's Probably More." Is JPMorgan Chase's Recent Hit a Warning to Other Major Banks?

JPMorgan Chase CEO Jamie Dimon just raised some major concerns about the U.S. consumer credit market. Speaking on problems in ...

Chase’s auto loan division, whose partners include McLaren and Aston Martin, holds steady as other banks flee sector

Like many other Americans, luxury car owners make monthly auto payments. When they pay, it is often to entities that carry the names of their cars—McLaren Financial Services, Aston Martin Financial ...