Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
Tuesday, Nov. 4, 2025, 09:15 PM
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here

PODCAST: Nicholas Financial president and CEO on subprime vitality & more

Doug Marohn with logo for web
Wednesday, Feb. 17, 2021, 04:44 PM
SubPrime Auto Finance News Staff
Nicholas Financial president and chief executive officer Doug Marohn is back on the podcast for a discussion about the pandemic, fraud and the vitality of the subprime auto finance market. To listen to this episode, click on the link available below, ... [Read More]

Why S&P Global Ratings remains upbeat about auto ABS loss metrics

car and coins
Wednesday, Feb. 17, 2021, 04:40 PM
SubPrime Auto Finance News Staff
S&P Global Ratings is observing what it dubbed “generally better-than-expected loss results,” according to its latest report on the auto loan ABS market. And analysts gave an upbeat forecast for the trends to continue this year as unemployment levels tick ... [Read More]

Prestige hires former Mercedes-Benz captive executive

Bradley Bitner for web
Monday, Feb. 15, 2021, 03:54 PM
SubPrime Auto Finance News Staff
An executive who spent nearly 20 years with a luxury OEM’s captive finance company now is part of the leadership team at Prestige Financial Services. On Friday, the affiliate of The Larry H. Miller Group of Companies named Bradley Bitner ... [Read More]

SAFCO welcomes Gang as senior risk officer

Kenneth Bang for web
Monday, Feb. 15, 2021, 03:52 PM
SubPrime Auto Finance News Staff
SAFCO added an executive whose experience includes time with one of the subprime auto finance company’s competitors as well as posts with a large bank and an automaker's captive. Entrepreneur and fintech veteran Kenneth Gang recently joined SAFCO as its ... [Read More]

Denson joins Venable’s financial services practice

allen denson for web
Friday, Feb. 12, 2021, 03:22 PM
SubPrime Auto Finance News Staff
A legal expert who has appeared multiple times at Used Car Week and other industry events now is the newest partner at Venable. The law firm with locations in six states and the nation’s capital announced this week that Allen ... [Read More]

Westlake’s total portfolio closes 2020 above $12B

growth chart with man
Friday, Feb. 12, 2021, 03:19 PM
SubPrime Auto Finance News Staff
Fueled by 14.7% growth year-over-year, Westlake Technology Holdings reported this week that the finance company with a diversified portfolio beyond just subprime paper ended 2020 with $12.14 billion in total managed assets. Westlake highlighted nine other major achievements generated by ... [Read More]

Non-Prime Auto Financing Conference to return in person for silver anniversary

25th anniversary
Thursday, Feb. 11, 2021, 08:40 PM
Nick Zulovich, Senior Editor
Industry associations are looking to bring some semblance of normalcy this year. Within days of the American Recovery Association rescheduling its two largest events to October with the intention of them being in person, the National Automotive Finance Association set ... [Read More]

‘Lax’ complaint response draws ire of acting CFPB director

acting CFPB director for web
Thursday, Feb. 11, 2021, 04:03 PM
SubPrime Auto Finance News Staff
On Wednesday, Dave Uejio — the acting director of the Consumer Financial Protection Bureau — said he met with staff from the regulator's Division of Consumer Education and External Affairs (CEEA). Among the findings and directives originating from last week's gathering, ... [Read More]

ARA shifts its 2 major events to October in hopes of in-person industry gatherings

news update 2
Wednesday, Feb. 10, 2021, 05:22 AM
SubPrime Auto Finance News Staff
While the National Automobile Dealers Association is orchestrating its largest event of the year virtually this week, the American Recovery Association announced its decision to reschedule its primary events to the fall in hopes of having them in person. After ... [Read More]

Reviewing 8 regulations every dealer should know

compliance pic
Wednesday, Feb. 10, 2021, 05:10 AM
SubPrime Auto Finance News Staff
While GWC Warranty isn’t suggesting that dealers need to have a law degree to retail used vehicles, the F&I product provider revisited eight crucial regulations operators should understand to do business in a compliant manner. Reviewing the basics of these ... [Read More]
X