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Smoothing dealer path to buying cars from consumers with Anthony Monteiro of AutoAcquire AI
Monday, Jan. 19, 2026, 05:57 PM
More dealers are seeking inventory by buying directly from consumers. But some managers are still struggling with how to best execute a plan. To help dealers of all sizes in various markets, AutoAcquire AI CEO Anthony Monteiro appeared on the ... Listen Here
Appetite for used commercial vehicles with Kathryn Schifferle of Work Truck Solutions
Friday, Jan. 16, 2026, 05:37 PM
Work Truck Solutions founder Kathryn Schifferle appeared on the Live Stage presented by SYCN Auto Logistics during Used Car Week 2025. Schifferle discussed key trends driving demand for used work trucks and vans with Cherokee Media Group’s Joe Overby. The ... Listen Here
What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here

Auto defaults rise for second consecutive month

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Thursday, Sep. 17, 2020, 03:32 PM
SubPrime Auto Finance News Staff
While Kroll Bond Rating Agency (KBRA) described credit performance during the July collection period as “solid,” the data through August released by S&P Dow Jones Indices and Experian earlier this week showed that auto defaults remain on the rise. The ... [Read More]

KBRA spots ‘solid’ credit performance in July

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Wednesday, Sep. 16, 2020, 03:07 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) found more evidence that federal assistance helped the auto-finance industry since August remittance reports showed what analysts called “solid” credit performance during the July collection period. The firm’s newest report dissecting information from the auto ... [Read More]

Florida repossession company settles with DOJ over alleged SCRA violations

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Wednesday, Sep. 16, 2020, 02:47 PM
SubPrime Auto Finance News Staff
The Servicemembers Civil Relief Act (SCRA) created another action by federal enforcers. Last week, the Justice Department reached an agreement with ASAP Towing & Storage Co. (ASAP) in Jacksonville, Fla., to resolve allegations that ASAP violated a federal law and ... [Read More]

6 repossession and recovery operations merging into 1 company

ART asset adjusters for web
Tuesday, Sep. 15, 2020, 02:39 PM
SubPrime Auto Finance News Staff
Consolidation that the repossession and recovery industries have rarely seen — if ever — came to light on Tuesday. According to a news release, Camping Companies and Paramount Recovery Service are merging, and four other repossession companies are involved, too, as ... [Read More]

New Jersey AG files fraud charges involving $1.3M worth of inventory

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Monday, Sep. 14, 2020, 02:10 PM
SubPrime Auto Finance News Staff
Alleged fraudsters tried to cultivate quite a scheme in the Garden State during a two-year timeframe. Last week, New Jersey attorney general Gurbir Grewal announced that nine individuals have been charged with conspiring to use stolen identities to obtain New ... [Read More]

Webinar poll shows majority of finance companies only ‘somewhat prepared’ for federal exams

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Friday, Sep. 11, 2020, 02:58 PM
SubPrime Auto Finance News Staff
Perhaps a primary reason recently Wolters Kluwer Lien Solutions hosted an informational webinar appeared through a participant survey conducted during the session. Nearly 60% of the live webinar audience polled about portfolio management for auto financing responded that they felt ... [Read More]

As down payments climb, likelihood of another federal stimulus dims on Capitol Hill

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Friday, Sep. 11, 2020, 02:41 PM
Nick Zulovich, Senior Editor
Edmunds shared data with SubPrime Auto Finance News that average down payments in August climbed by more than $400 on new-car deals and by nearly $700 on used-vehicle transactions. Experts and surveys both pointed to how previous federal government stimulus ... [Read More]

Free ZipDeal eBook gives strategy to increase F&I profits, improve cash flow, boosts CSI

zipdeal for web again
Wednesday, Sep. 9, 2020, 03:36 PM
SubPrime Auto Finance News Staff
Less than a month after launching its F&I solution, ZipDeal this week unveiled a free eBook the company said was created to help dealers combat the erosion of front-end profits on new and used vehicles with a customer-driven, digital vehicle ... [Read More]

DOWC names Silas as director of sales

gene silas for web
Wednesday, Sep. 9, 2020, 03:34 PM
SubPrime Auto Finance News Staff
Dealer Owned Warranty Co. recently promoted industry veteran Gene Silas as director of sales. The provider and administrator of F&I products and services said Silas brings a wealth of experience and dealer relationships to his new role at DOWC. Following ... [Read More]

FTC shuts down 4 dealerships previously charged with falsifying financing documents

FTC building
Tuesday, Sep. 8, 2020, 01:51 PM
SubPrime Auto Finance News Staff
Just before the holiday weekend, the Federal Trade Commission announced a group of dealerships in Arizona and New Mexico must cease business operations. It’s all part of a court-approved settlement resolving charges the regulator made two years ago that the ... [Read More]
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