![united_states_of_america_round_icon_640](https://i0.wp.com/fintk2.com/wp-content/uploads/2016/07/united_states_of_america_round_icon_640.png?resize=640%2C381&ssl=1)
Outstanding auto loans rose to $1.027 trillion in the second quarter, the second straight quarter in which loans topped $1 trillion, according to Experian Automotive. Delinquencies increased, and the proportion of subprime and deep-subprime loans reached 22.8%, down from 23.3% in Q2 of 2015.
Detroit Free Press (9/6),