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

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Category: Management

Category: Management

CarMax taps former InterContinental Hotels CEO after sales slump

CarMax Inc. named Keith Barr as chief executive officer, bringing in the former InterContinental Hotels Group

Bloomberg News

Toyota Motor appoints CFO Kenta Kon as new CEO

Toyota Motor Corp. appointed a lieutenant of Akio Toyoda as chief executive officer in a surprise

Bloomberg News

Santander names McClelland head of U.S. auto business 

Santander Holdings on Jan. 26 appointed David McClelland head of the lender’s U.S. auto business, succeeding

Amanda Harris

Capizzano joins Open Lending from Axos Bank 

Anthony Capizzano, formerly senior vice president of consumer lending at Axos Bank, today was named chief

Amanda Harris

5 questions with … CEO Mary Leigh Phillips of DriveTime, Bridgecrest

Retailer DriveTime’s New Year’s resolution is double-digit growth across its family of companies under the stewardship

Aidan Bush

Chase Auto names Pataki head of commercial, and other staff moves

Chase Auto this month has named Lester Pataki head of commercial solutions to lead the bank’s

Amanda Harris

Ally Financial cuts 2% of workforce 

Ally Financial today announced companywide layoffs as the financier looks to simplify its leadership and organizational

Amanda Harris

CAC’s Ken Booth to retire, new CEO named 

Credit Acceptance Corp. today named a new chief executive and president to replace the retiring Kenneth

Amanda Harris

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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