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Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here
Industry Elite: Chuck Tapp of America’s Group
Friday, Mar. 20, 2026, 01:04 PM
Next up on our series with the inaugural Industry Elite: The C-Suite honorees is America’s Group CEO Chuck Tapp. In this episode, we revisit Tapp’s fireside chat with Cherokee Media Group president Bill Zadeits at Used Car Week 2025. They ... Listen Here
Industry Elite: Grace Huang of Cox Automotive
Thursday, Mar. 19, 2026, 04:49 PM
Kicking off our podcasts with the inaugural Industry Elite: The C-Suite honorees is a conversation with Grace Huang, president of Cox Automotive Inventory Solutions. Huang talks with Cherokee Media Group senior editor Joe Overby about her journey from business consultant ... Listen Here

Wells Fargo to stop accepting consumer applications from ‘majority’ of independent stores

wells fargo for web
Tuesday, Jun. 2, 2020, 07:58 PM
Nick Zulovich, Senior Editor
Wells Fargo closed 2019 by holding 3.67% of the auto-finance market, according to data from Experian Automotive shared exclusively with SubPrime Auto Finance News. That market share positioned the bank to rank sixth in Experian’s data set. But the decision ... [Read More]

Average new-car APRs drop to levels not seen since 2013; used stays nearly steady

application
Tuesday, Jun. 2, 2020, 02:33 PM
SubPrime Auto Finance News Staff
Edmunds discovered interest rates for new vehicles financed in May dropped to the lowest level seen by the industry in nearly seven years. Meanwhile, Edmunds indicated that rates for used-vehicle financing remain nearly steady compared to both this time last ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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MenuMetric, 700Credit finalize F&I integration

partnership gears
Monday, Jun. 1, 2020, 03:05 PM
SubPrime Auto Finance News Staff
MenuMetric and 700Credit recently formed an alliance in an effort to help vehicle dealerships as well as marine, RV, and powersports stores. The provider of credit reports, compliance solutions and consumer pre-qualification products and the web-based F&I menu platform offering ... [Read More]

RISC unveils 2 new state-specific collateral recovery certification courses

latest news
Monday, Jun. 1, 2020, 03:03 PM
SubPrime Auto Finance News Staff
Soon after deciding to waive membership and education fees for current and any new RISC Pro members through July 1, RISC launched two additional, state-specific collateral recovery training courses as part of its growing CARS National Certification Program. The compliance ... [Read More]

Portfolio launches revamped reinsurance website

Portfolio image for website
Friday, May. 29, 2020, 01:52 PM
SubPrime Auto Finance News Staff
Portfolio is looking to make the reinsurance process easier for auto, RV and powersports dealers and independent agents. The dealer participation program provider recently announced the launch of a new website at PortfolioReinsurance.com. Portfolio explained the site was designed to ... [Read More]

iA Financial Group finalizes $720M acquisition of IAS

acquisition
Friday, May. 29, 2020, 01:50 PM
SubPrime Auto Finance News Staff
An acquisition in the F&I space first announced back in December came to a conclusion this week. Officials from iA Financial Corp., the holding company of iA Financial Group, said they have finalized the acquisition of IAS Parent Holdings Inc. and its ... [Read More]

NY Honda dealer settles discrimination allegation from FTC for $1.5M

Federal Trade Commission
Thursday, May. 28, 2020, 02:26 PM
SubPrime Auto Finance News Staff
Discrimination allegations from the Federal Trade Commission against a New York City dealer resulted in a $1.5 million settlement. The FTC announced this week that Bronx Honda and general manager Carlo Fittanto will pay $1.5 million to settle charges they ... [Read More]

Repossession industry reinforces tenuous position with Repo Alliance, ARA whitepaper

capitol hill
Wednesday, May. 27, 2020, 04:24 PM
SubPrime Auto Finance News Staff
The repossession industry is taking swift action to position itself to survive the dire situation intensified by the COVID-19 pandemic. First, the American Recovery Association (ARA) started an initiative several weeks ago that’s resulted in the Repo Alliance, a fundraising ... [Read More]

Protective Asset Protection’s online dealer training now available

training
Wednesday, May. 27, 2020, 04:22 PM
SubPrime Auto Finance News Staff
Perhaps you cannot go to your local public library, but Protective Asset Protection recently made its library of professional development training courses available to all dealership personnel and agents. The provider of F&I programs as well as services and dealer ... [Read More]

Allied Solutions, RDN finalize partnership

Anne Holtzman at UCW
Wednesday, May. 27, 2020, 03:16 PM
SubPrime Auto Finance News Staff
Allied Solutions and Recovery Database Network (RDN) not only operate in the same Indianapolis suburb, but the companies now are partners since they both seek to help auto-finance companies in the same area of their operations. Allied Solutions, one of the ... [Read More]

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