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Chart showing that credit unions are losing the share of the auto lending market.

An Experian report released Thursday showed credit unions this spring continued a three-year pattern of producing a smaller share of auto loans.

Experian’s “State of the Automotive Finance Market“ report for the second quarter showed credit unions generated 18.2% of auto loans in the three months ending June 30, up from 17.2% in the first quarter and down from 18.8% a year earlier.

In second-quarter measures, the credit union peak was 22.7% in 2018, falling to 19.8% in 2019.

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Jim DuPlessis

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