Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Turbocharged Finance
Presented by
DigniFi names chief product officer
DigniFi announced the appointment of Jefim Piekarz as chief product officer on Tuesday. The fintech company specializing in access to automobile, powersports and RV repair financing said Piekarz will lead DigniFi’s product and engineering teams, advancing product strategy, technology development, ... Read More
Maritczak brings experience from EY & Ally to PCMI
PCMI continued to revamp its executive team on Tuesday. The provider of lender compliance technology and F&I administration software added Alex Maritczak as senior director of business development, bringing more than 30 years of automotive finance and financial services experience ... Read More
Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
Used Car Week Hall of Fame: Grace Huang of Cox Automotive
We begin our series featuring the 2026 Used Car Week Hall of Fame honorees with Grace Huang, president of Cox Automotive Inventory Solutions, who joins Cherokee Media Group’s Joe Overby for a conversation about her career journey, the value of ... Listen Here
Ben Sporn of VIP Automotive Group Takes DIY Approach to AI
Ben Sporn is the chief marketing officer of VIP Automotive Group on Long Island, N.Y. , where he runs operations and artificial intelligence projects at his family’s 10-store dealer group. He also has a tech background, having worked for Google ... Listen Here
SPONSORED PODCAST: Securing the Vehicle Handoff with Secure Vehicle Transfer
In this episode of the Auto Remarketing Podcast, Bill Zadeits speaks with Lainey Sibble and Eric Schwartz from Central Dispatch about the newest technology impacting vehicle transport: Secure Vehicle Transfer. Learn more about this impactful technology and how it’s helping ... Listen Here

AKUVO makes another executive promotion to shore up innovation commitment in collections

executive boardroom
SubPrime Auto Finance News Staff
AKUVO announced another executive promotion this week, appointing Steve Castagna as president of the modern collections and recovery technology company that serves banks, credit unions, and fintechs. And the company landed 18 new customer signings during the third quarter. Castagna ... [Read More]

Edmunds: Pandemic-era problems still festering in form of negative equity

Nick Zulovich
The auto-finance industry is still feeling the long-term ill effects from the pandemic. Edmunds head of insights Jessica Caldwell examined how a persistent negative equity problem created six years ago is festering into record auto-loan debt. Caldwell on Wednesday explained ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
Read More

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
Read More

Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
Read More

Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
Read More

Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
Read More

AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
Read More

The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
Read More

Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
Read More

Maritczak brings experience from EY & Ally to PCMI

SubPrime Auto Finance News Staff
PCMI continued to revamp its executive team on Tuesday. The provider of lender compliance technology and F&I administration software added Alex Maritczak as senior director of business development, bringing more than 30 years of automotive finance and financial services experience ... [Read More]

NSD survey identifies ‘meaningful gap’ as F&I companies seek new revenue partnerships

Details of upcoming repossession webinars from ARA & Weltman
SubPrime Auto Finance News Staff
Nation Safe Drivers (NSD) recently released findings from a new survey it conducted to examine how businesses across the automotive, insurance and vehicle-protection ecosystem are identifying new revenue opportunities through diversification and cross-industry partnerships. The provider of white label roadside ... [Read More]

FlexPath DXP study: Subprime & super-prime consumers asking similar auto-finance questions nowadays

SubPrime Auto Finance News Staff
It’s not new for a subprime consumer seeking auto financing to ask, “What vehicles fit my monthly budget?” or “Can I qualify?” But perhaps illustrating the current state of the car business, the inaugural FlexPath DXP Automotive Shopper Credit & ... [Read More]

ANV installs new top leadership at Open Lending

SubPrime Auto Finance News Staff
ANV Group Holdings closed its acquisition of Open Lending in July and on Thursday installed a leadership team to oversee ANV’s Credit & Protection platform. The two top executives at Open Lending now are chief executive officer Ross Jessup, who ... [Read More]

Subprime volume pushes auto credit accessibility in September to highest level in more than 10 years

SubPrime Auto Finance News Staff
Access to credit for auto financing keeps improving with subprime growth being the largest contributor. That’s the primary assertion from Cox Automotive, which released the Dealertrack Credit Availability Index for September. According to the latest update distributed on Tuesday, auto ... [Read More]

TransUnion and Bankrate collaborate to broaden credit offers  

SubPrime Auto Finance News Staff
TransUnion and Bankrate want to make it easier for millions of Americans to find personalized credit offers that meet their needs. On Wednesday, the companies announced they’re working even closer together to deliver smarter matching by combining Bankrate’s lender marketplace ... [Read More]

COMMENTARY: Maybe the problem with deep subprime auto finance isn’t the lender — it’s the loan

Kinetic Advantage finalizes first securitization
John Possumato, DriveItAway Holdings
The $710 million settlement between Credit Acceptance Corp. and 40 states plus Washington, D.C., understandably has renewed scrutiny of deep subprime auto finance. State regulators accused Credit Acceptance of facilitating unaffordable loans, allowing vehicle prices to be inflated based on ... [Read More]

Greenway Auto Group settles with FTC over car-price allegations surfacing in March

FTC outlines 3 goals for improved digital economy
SubPrime Auto Finance News Staff
Just three days after the Federal Trade Commission dismissed its complaint against Asbury Automotive Group over allegations of “payment packing,” the regulator on Thursday secured a settlement with Greenway Auto Group. The settlement involves another lawsuit alleging Greenway advertised prices ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X