Since August, AutoFi has added Wells Fargo, Truist and Santander to its list of bank clients using its platform for end-to-end digital automotive sales and financing. This week, AutoFi welcomed TD Bank. The companies announced that TD Auto Finance, a division of TD Bank, has joined the AutoFi network and will now be an online […] [Read More]

JM Family Enterprises previously used Corey Benish’s technology talents as a consultant for two of its subsidiaries. This week, the company made Benish its new chief technology officer. “Technology is at the core of how JM Family offers value to its partners and improves the experience of its associates, and Benish’s addition to the leadership […] [Read More]

Michael Benoit, Klaus Entenmann, Amy Martin and Jonathan Smoke represent just a sampling of the experts scheduled to appear during the 26th annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association beginning on June 1 in Plano, Texas. From the future of mobility to the current state of the economy, the securitization […] [Read More]

Recurrent, a company that analyzes electric vehicle battery health, announced a series of growth moves during last week’s Auto Intel Summit. Those include new investors as well as new dealer and auction partners for the company, which was among Auto Fin Journal’s 2022 Emerging 8 honorees. Starting with the new clients, Bay Area-based Del Grande […] [Read More]

Retail prices on 1- to 5-year-old used cars last month showed some moderation from February, but still remain more than 30% higher than year-ago levels, according to an analysis from iSeeCars.com, which said the runup is particularly steep for fuel-efficient models and electrics. The company examined 1.8 million transaction of used vehicles ages 1 to […] [Read More]

That whoosh you just heard and felt might have been this year’s tax season. Monday marked the deadline for individuals to file their state and federal taxes, and Black Book acknowledged that the spring / tax season market looks “different and shorter this year.” [Read More]

Good news, bad news for certified pre-owned vehicle sales last month. First, the plus side. March’s 219,360 CPO sales beat February’s total by 14.3%, marking the third straight month of … [Read More]

After sharing his recommendations for finance companies, Automotive Personnel founder Don Jasensky made a return visit on the Auto Remarketing Podcast to offer insights about how dealerships can find the salespeople they need to cater to today’s vehicle buyers. To listen to the conversation, click on the link available below, or visit the Auto Remarketing Podcast page.  […] [Read More]

Byrider recently inducted two more operators into its Hall of Fame, which recognizes contributions to the growth and culture of the buy-here, pay-here dealership chain. Bringing the Byrider Hall of Fame to 18 members, the newest inductees are Winston Sleeth and Steve Petersen. “Winston and Steve have been so important to the growth of Byrider […] [Read More]

Just like fuel prices and the costs of many other goods and services, the volume of bankruptcy filings jumped significantly to finish the first quarter. According to data provided by Epiq Bankruptcy, filings in March increased … [Read More]