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Category: Archives

Category: Archives

GM Financial EVP, CIO Chitra Herle joins Auto Finance Summit 2025 

Auto Finance News is pleased to announce that GM Financial Executive Vice President and Chief Information

Amanda Harris
  • September 2, 2025

Nonprime auto lenders’ average funding times fall

PLANO, Texas — Nonprime auto lenders are prioritizing efficiency and digital contracting to speed funding. Of

Aidan Bush
  • June 6, 2025

US banks prepare for new era of consumer financial data sharing

US banks will now have to give customers access to their financial data after the top

Bloomberg News
  • October 22, 2024

Ford Credit EVP joins Auto Finance Summit 2024

Ford Credit Executive Vice President for North America Shannon Mokhiber will sit down for a one-on-one

James Van Bramer
  • July 30, 2024

Powersports incentives return as inventory grows

Powersports manufacturers are bringing back incentives as inventory improves and products sit longer on dealer lots.

Simon Pinter
  • August 11, 2023

Rivian gets a $3B boost from making Mercedes a frenemy

Rivian just added almost $3 billion to its market capitalization in a day, and all it

Bloomberg News
  • September 9, 2022

Proposed FTC ‘junk fee’ rule garners nearly 1,700 comments

The Federal Trade Commission (FTC) has received 1,678 consumer responses as of Monday afternoon to its

Riley Wolfbauer
  • August 15, 2022

Private equity firm to acquire CDK Global for $8.3 billion in take-private transaction

Private equity company Brookfield Business Partners has entered into a definitive agreement to acquire CDK Global

Amanda Harris and Joey Pizzolato
  • April 7, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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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

View Complete Market Report →

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