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The Independent UK

Business

J.R. Duren

New car loan payments hit record highs as Americans take on more debt

Edmunds US Federal Reserve KBB Pandemic Supply chain

The average new car loan payment has hit nearly $800 a month in the United States, according to the latest data.

Drivers paid an average of $787 from April to June, breaking the previous record of $777 set in early 2026, according to the new quarterly report from car data and sales site Edmunds.com.

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Stranded Iranian tankers, American pressure: Why Sri Lanka faces a difficult choice

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Emiliano Andrade-Covarrubias, a Mexican permanent resident, died in ICE custody in Laredo, Texas. His daughter alleges staff withheld medication, while ICE says he received appropriate care.

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One subscription that gives you access to news from hundreds of sites

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Stranded Iranian tankers, American pressure: Why Sri Lanka faces a difficult choice

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Florida woman accused of fatal hit-and-run takes damaged car to dealership where she works. Her coworker’s suspicions reportedly lead to her arrest

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