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Category: Magazine

Category: Magazine

Wells Fargo names Kevin Reen head of auto 

Wells Fargo has named Kevin Reen its new head of auto following Tanya Sanders’ promotion into

Amanda Harris

Captives, OEMs combat tariffs with collaboration 

Captives and OEMs are meeting regularly to address affordability in a market defined by uncertainty, as

Aidan Bush

HCA names Drotman CEO, BoA’s Thierry joins Citizens 

Hyundai Capital America on June 2 named Jim Drotman its president and chief executive, succeeding Marcelo

Amanda Harris

Auto lenders, dealers see opportunity in uncertain environment 

Auto lenders and dealers are adapting their strategies in the face of an onslaught of new

Truth Headlam

Chase Auto CEO talks OEM relationships, AI investment 

Chase Auto is eyeing growth through expanded relationships with manufacturers and dealers along with improved customer

Amanda Harris

USAA names Brian Goldman chief risk officer 

USAA on May 14 named Brian Goldman as the lender’s new chief risk officer, effective May

Truth Headlam

SCUSA CFO talks steady underwriting, growth focus

Santander Consumer USA is taking a steady approach to underwriting and pricing amid fluctuating consumer demand,

Amanda Harris

Executive compensation shoots up 48% in 2024  

Though base salaries remained relatively flat year over year, higher bonuses and stock awards propelled a

Marcie Belles

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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