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Wells Fargo could ‘pull back’ from auto amid tariffs

Wells Fargo Auto’s origination volume grew year over year in the first quarter, but the bank could focus less on auto if tariff pains persist. The San Francisco-based bank is focused on gradual, solid returns and may shift its focus on auto portfolio growth if tariffs have a long-term impact on profitability, Chief Executive Charles […]

The post Wells Fargo could ‘pull back’ from auto amid tariffs appeared first on Auto Finance News.



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