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

Auto-finance credit performance wobbles as weekly jobless claims stay near 1 million

auto financing
Thursday, Oct. 15, 2020, 03:04 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) spotted weakening credit performance during the August collection period when analysts examined September auto-finance remittance reports. And the latest unemployment update from the U.S. Department of Labor showed that initial claims for unemployment benefits arriving ... [Read More]

50 more modules added to Assurant Virtual Learning Platform

Alan Ram trains independent dealers to win
Wednesday, Oct. 14, 2020, 02:08 PM
SubPrime Auto Finance News Staff
Dealership F&I personnel now have more training options from Assurant. The firm recently expanded its content library by adding 50 new “soft skill” modules to the Assurant Virtual Learning Platform, an on-demand eLearning system. “During these unprecedented times, we wanted ... [Read More]

PODCAST: More insurance options for repo agents

podcast image
Wednesday, Oct. 14, 2020, 02:05 PM
SubPrime Auto Finance News Staff
For most consumers, they have a variety of options and carriers when it comes to insurance. For repossession agents, availability and choices aren’t so robust, because of the complexity of the business, among other factors. However, the landscape appears to be ... [Read More]

Nissan captive enters $5M consent order with CFPB

2019 Nissan altima for web
Wednesday, Oct. 14, 2020, 01:55 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau issued a consent order in the auto-finance industry for the second time in less than a month; this time with Nissan’s captive. According to a news release distributed on Tuesday, the bureau said it found ... [Read More]

Prestige Financial Services promotes Hyde to be president

Rich Hyde with logo for web
Tuesday, Oct. 13, 2020, 02:07 PM
SubPrime Auto Finance News Staff
An executive previously honored as one of the industry’s Movers & Shakers by SubPrime Auto Finance News now is the president of the Prestige Financial Services. The business enterprise group within the Larry H. Miller Group of Companies will be ... [Read More]

Equifax snapshot gives glimpse of current subprime volume

subprime auto financing
Monday, Oct. 12, 2020, 03:19 PM
SubPrime Auto Finance News Staff
Equifax recently offered a week-long snapshot of auto financing originated during the middle of September, revealing the amount of subprime financing providers are booking. According to Equifax estimates during the week of Sept. 13, the industry generated 14,100 retail installment ... [Read More]

APCO Holdings honored among the 2020 Best and Brightest Companies in the Nation

APCO award for web
Monday, Oct. 12, 2020, 03:17 PM
SubPrime Auto Finance News Staff
APCO Holdings recently made it to a prestigious list of successful companies for the fifth time. The administrator of automotive F&I products and home to the EasyCare, GWC Warranty and MemberCare brands was named one of the 2020 Best and ... [Read More]

defi SOLUTIONS names new CEO

executive boardroom
Friday, Oct. 9, 2020, 05:12 PM
SubPrime Auto Finance News Staff
There’s been a change in the top leadership position at defi SOLUTIONS. On Friday, the company that partners with captives, banks, credit unions and finance companies to help them transform their operations announced the appointment of Tom Allanson as chief ... [Read More]

CPS receives $135M acquisition pitch from Auto Experience

news pic
Friday, Oct. 9, 2020, 02:24 PM
SubPrime Auto Finance News Staff
Quite an example of public negotiating surfaced on Thursday, with a subprime auto finance company that’s been in operation for nearly 30 years being called “significantly undervalued.” Auto Experience, a firm led by one of the founders of Exeter Finance ... [Read More]

CFPB emphasizes 3 elements for possible early termination of consent orders

CFPB building
Friday, Oct. 9, 2020, 02:22 PM
SubPrime Auto Finance News Staff
Finance companies that reach consent orders with the Consumer Financial Protection Bureau received a bit more clarity about them this week. The bureau issued a policy statement on applications for early termination of consent orders that outlines process for entities ... [Read More]
X