The traditional five-year auto loan is no longer the norm in the US. Driven by rising vehicle prices—fueled in part by tariffs on cars and auto parts—limited vehicle availability, and inflation reshaping consumer behavior, longer-term financing has become increasingly common. Six-year loans now dominate the market, while the share of seven-year loans is climbing at a record pace.

DeepSeek shook up China’s AI race on August 21 with the release of its V3.1 model, built on UE8M0 FP8 Scale precision and designed for upcoming Chinese processors.