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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

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]

2 alleged arson incidents concern ARA about insurance

risk management
Wednesday, Aug. 10, 2022, 07:14 PM
SubPrime Auto Finance News Staff
Two alleged arson incidents in a three-month span in the storage lots at repossession agents in Arizona and Illinois has the American Recovery Association quite concerned for a myriad of reasons. ARA recapped in a news release that 18 vehicles ... [Read More]

AUL pinpoints 9 F&I tips & trends for remainder of 2022

BHPH evolution: Key to success in a recovering auto industry
Wednesday, Aug. 10, 2022, 03:48 PM
SubPrime Auto Finance News Staff
AUL Corp. senior vice president of sales and marketing Paul McCarthy identified nine F&I tips and trends he sees being in play for dealerships for remainder of the year. McCarthy touched on topics such as what’s on the dealership website ... [Read More]

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