Experts at Cox Automotive, the National Association of Federally-Insured Credit Unions (NAFCU) and S&P Global Ratings all tried to make sense of recent trends such as retail sales, unemployment, the pandemic and more. [Read More]

One of the most enthusiastic and knowledgeable regular guests on the Auto Remarketing Podcast recently returned, as StoneEagle F&I senior vice president of business development Joe St. John came back to discuss what’s happening in dealership finance offices nowadays. We ... [Read More]

Cox Automotive’s newest updates of indexes that track auto financing showed mixed developments with regard to dealerships being able to get their potential buyers financed and providers’ appetite to build portfolios. [Read More]

In an effort to satisfy shareholders, KeyCorp is getting out of auto financing. Last week, KeyCorp announced that KeyBank has sold its indirect retail auto portfolio, and that KeyCorp has entered into an accelerated share repurchase (ASR) program. According to ... [Read More]

In this episode of the Auto Remarketing Podcast, Lena Bourgeois discussed auto-finance metrics that are not getting as much attention nowadays but perhaps should. The senior vice president and general manager of automotive services at Equifax also shared anecdotes from recent ... [Read More]

With some consumers benefitting from refinancing their retail installment contract, the investment world is seeing an opportunity, too. On Monday, OpenRoad Lending and Clarion Capital Partners announced that the New York-based private equity firm that focuses on making equity investments ... [Read More]

RateGenius’ monthly Auto Refinance Rate Report found that the average overall auto refinance interest rate for August came in the lowest of any month so far this year. [Read More]

AutoPayPlus acknowledged every dealership’s primary business goal and ongoing challenge revolve around one, single metric: profit. To help managers and principals in that department, AutoPayPlus unveiled an all-new solution this week designed to increase profit per vehicle and service retention ... [Read More]

LAUNCHER.SOLUTIONS and Carleton recently finalized an integration of two of their primary products that serve finance companies. The integration involves the appTRAKER Loan Origination System LAUNCHER.SOLUTIONS with CarletonCalcs from Carleton. The companies explained through a news release that CarletonCalcs is ... [Read More]

After last week’s 25th annual Non-Prime Auto Financing Conference, the National Automotive Finance Association made three new additions to its board of directors. According to messages sent to SubPrime Auto Finance News, the new NAF Association board members are: — ... [Read More]