Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Author: Amanda Harris

Author: Amanda Harris

Toyota Financial Services names Alec Hagey CEO 

Toyota Financial Services named Executive Adviser Alec Hagey as its new chief executive April 6, replacing

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Wells Fargo’s Greg Neubecker to join Auto Finance Summit East 2026 

Auto Finance News is pleased to announce that Greg Neubecker, head of auto originations at Wells

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Inside CFPB complaint portal changes, AI-driven rise in credit washing 

Additional screening and disclosures have been put in place on the Consumer Financial Protection Bureau’s database

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Competition heats up for underserved consumers in auto 

Competition is increasing for auto lenders who serve consumers with thin credit or who don’t qualify

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Auto loan rejection rates, application volume decline (Big Wheels) 

Auto loan rejection rates declined in the Federal Reserve’s latest consumer credit access survey as the

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Inside Lendbuzz’s plan to boost originations by 20%

AI-driven auto lender Lendbuzz is projecting a rise in originations in 2026 as it expands its

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TD Bank: Education key to fighting AI-driven fraud 

TD Bank is educating consumers and frontline employees as attacks by scammers rise across the financial

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Slowing new-car sales contribute to decline in industry performance (Big Wheels) 

The auto finance industry’s performance declined in January as vehicle sales slowed year over year but

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Credit Union Auto Lending Surges

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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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