Auto Loan and Lease Outstandings Continue to Grow Despite COVID-19, Data Shows

Toyota Financial Services Tops Ranking of Auto Lenders  NEW YORK (May 11, 2021) – The auto finance market grew 2.2% in 2020, despite nearly grinding to a halt in the early days of the COVID-19 pandemic, new data released today shows.  Auto loan and lease outstandings hit $1.24 trillion last year — an all-time high — according to the annual Big Wheels Auto […]
  • Skylar Taylor
  • May 11, 2021
  • Press

Auto Loan and Leasing Outstandings Hit $1.2 Trillion, Data Shows

Toyota Financial Services Tops Ranking of Auto Lenders NEW YORK (May 7, 2020) – The auto finance market grew 4.6% in 2019, buoyed by a strong economy, solid lending metrics and innovation investments, new data released today shows. Auto loan and lease outstandings hit $1.2 trillion last year — an all-time high — according to […]
  • Skylar Taylor
  • May 7, 2020
  • Press

Auto Outstandings Close In on $1.2 Trillion as Growth Slows, Data Shows

Toyota Financial Services Tops Ranking of Auto Lenders  NEW YORK (May 13, 2019) — The auto finance market inched up 2.1% in 2018, as an origination slowdown that started in 2016 continues to shrink loan and lease portfolios, new data released today shows.   Despite the deceleration, loan and lease outstandings hit an all-time high of $1.16 trillion last year, […]
  • Skylar Taylor
  • May 14, 2019
  • Press