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Author: Aidan Bush

Author: Aidan Bush

New-EV sales fall 11% in February as gas prices boost demand

While new-EV sales continued to slide at the end of February, rising gas prices led to

Aidan Bush

Inside Vervent’s vendor payment tracker for securitization, warehouse lenders

Inspired by the collapse of Tricolor Holdings, backup servicer Vervent is launching a product to track

Aidan Bush

Interest rates drop in March for both used and new vehicles (Big Wheels)

The average interest rates for new- and used-vehicle loans dropped across all U.S. regions in March

Aidan Bush

PNC Financial’s Strati Papageorge to join Auto Finance Summit East 2026

Auto Finance News is pleased to announce that Strati Papageorge, senior vice president of product at

Aidan Bush

State AGs sue OneMain Financial for misleading consumers on auto insurance

The New York Attorney General and 12 other state attorneys general have sued lender OneMain Financial,

Aidan Bush

Auto refinance volume climbs 40.7% YoY

Lenders are experiencing a surge in auto refinance volume across the credit spectrum as customers look

Aidan Bush

Lucid Motors plans EVs less than $50K, European expansion

EV maker Lucid Motors will open more locations in Europe and begin production on more affordable

Aidan Bush

Credit availability index up 5.6% YoY

Overall auto credit availability improved in February, driven by increased subprime borrowing and more longer-term loans,

Aidan Bush

Credit Union Auto Lending Surges

David Thompson

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Market Data

Auto Loan Rate Index

Today

6.85%

+0.15%

Lease Penetration

MTD

28.4%

+2.1%

Subprime Approvals

MTD

42.7%

-1.3%

Days to Finance

MTD

718

+3

Days to Finance

MTD

38

+2

Days to Finance

MTD

142 bps

-8

Last updated: March 30, 2026, 2:45 PM EST

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