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Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

Fletcher Jones taps Principal Warranty for F&I work

news pic
Monday, Aug. 22, 2022, 03:31 PM
SubPrime Auto Finance News Staff
Principal Warranty Corp. recently added a new dealership client that knows luxury well. Now leveraging the provider’s products is Fletcher Jones, which has dealerships in California, Nevada, Hawaii and Illinois and is one of the national sales leaders among Audi ... [Read More]

KBRA spots more credit deterioration within auto ABS

bar-chart
Monday, Aug. 22, 2022, 03:29 PM
SubPrime Auto Finance News Staff
What Kroll Bond Rating Agency (KBRA) has been discussing for much of the year continues to come to fruition. Analysts said July remittance reports showed a second straight month of deteriorating credit performance and declining recovery rates across securitized prime ... [Read More]

PAR promotes 2 executives who have more than 20 years with parent company

PAR executives for web
Friday, Aug. 19, 2022, 03:02 PM
SubPrime Auto Finance News Staff
PAR North America (PAR) promoted a pair of its executives on Thursday, rewarding them for being with KAR Global for more than 20 years combined. Taking on more responsibility for the business unit whose clients range from the largest banks, ... [Read More]

Credit tightens again in July as new-car prices soar to record high

Dealertrack-Credit-Availability-Index-August-2022 for web
Thursday, Aug. 18, 2022, 02:59 PM
SubPrime Auto Finance News Staff
​As Cox Automotive senior economist Charles Chesbrough noted, credit availability is one of the headwinds against used-vehicle retail sales. While still more available than this time last year, the Dealertrack Auto Credit Availability Index declined for the consecutive month in ... [Read More]

Protective Asset Protection recaps 60-year journey of F&I services

Protective screenshot for web
Wednesday, Aug. 17, 2022, 03:25 PM
SubPrime Auto Finance News Staff
Protective Asset Protection is celebrating 60 years of service this month as a provider of F&I products that help protect each vehicle investment while equipping dealers with the F&I products they need to instill confidence and trust in their customers. ... [Read More]

Credit Acceptance founder Don Foss passes away

Don Foss at 50th anniversary for web
Tuesday, Aug. 16, 2022, 02:17 PM
Nick Zulovich, Senior Editor
Credit Acceptance said late on Monday that founder Don Foss passed away on Sunday from complications arising from an aggressive form of cancer. He was surrounded by his family, according to the company announcement. Specializing in subprime auto financing, Credit ... [Read More]

SBA agrees with 4 industry associations to delay Safeguards Rule implementation

FTC building
Monday, Aug. 15, 2022, 04:04 PM
SubPrime Auto Finance News Staff
Now even another government agency thinks implementation of the enhanced Safeguards Rule from the Federal Trade Commission should be delayed. Recently, the Small Business Administration (SBA) Office of Advocacy delivered a letter to the FTC, echoing many of the points ... [Read More]

DriveItAway launches PHEV subscription to ownership program with Chapman Auto Group

Keane Storey Chapman Auto Group for web
Friday, Aug. 12, 2022, 01:41 PM
SubPrime Auto Finance News Staff
DriveItAway Holdings made another advancement on Friday related to its mission “to make driving and owning an EV truly affordable for all.” The provider of subscription-to-purchase technology announced that it recently launched its electric vehicle program with the Ford Escape ... [Read More]

Flagship asks McKie to lead charge into direct-to-consumer financing

money and key_169254722
Friday, Aug. 12, 2022, 01:35 PM
SubPrime Auto Finance News Staff
Flagship Credit Acceptance wants to grow its portfolio through its entry into direct-to-consumer financing, so this week, the company hired Rob McKie as chief direct lending officer to lead that endeavor. Flagship highlighted through a news release that McKie brings ... [Read More]

Ally tops J.D. Power dealer financing satisfaction charts in subprime for second straight year

JD Power charts for web
Thursday, Aug. 11, 2022, 02:14 PM
SubPrime Auto Finance News Staff
Ally Financial topped the ranking among subprime auto finance companies for the second consecutive year, according to the J.D. Power 2022 U.S. Dealer Financing Satisfaction Study, which was released on Thursday. Ally Financial ranked highest in overall dealer satisfaction among ... [Read More]
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