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WFS Financial Inc.: The Irvine automobile finance...

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WFS Financial Inc.: The Irvine automobile finance company reported Thursday that net income for the third quarter fell 37% to $6.4 million, or 25 cents a share, from $10.2 million, or 40 cents a share, for last year’s third quarter. The company attributed the lower income to a slowdown in the volume of loans. Quarterly revenue grew 4.5% to $55.3 million from $52.9 million. For the first nine months, WFS earned $25 million, or 97 cents a share, down 14% from $29.2 million, or $1.14 a share, earned in the same period last year. Revenue rose 18% to $177 million for the period from $150.3 million.

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