Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Byron Oldham of Honest Autos & FIADA
Monday, Apr. 27, 2026, 07:47 PM
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here

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]

PODCAST: How TransUnion will monitor auto-finance health going forward

podcast image
Tuesday, May. 26, 2020, 01:33 PM
SubPrime Auto Finance News Staff
Like so many individuals, TransUnion described the auto-finance industry as healthy before the coronavirus pandemic arrived in earnest more than two months ago. And in a special episode of the podcast, TransUnion senior vice president and automotive business leader Satyan ... [Read More]

RISC extends waiver of membership-education subscription fees through July 1

new RISC image for web
Friday, May. 22, 2020, 03:28 PM
SubPrime Auto Finance News Staff
After nearly two months of COVID-19 related ordinances and regulations, RISC acknowledged the repossession industry has not opened up in all areas, continuing to pressure recovery agency owners and their staff financially.  RISC wants to support agents during this crisis ... [Read More]

Credit Acceptance CEO credits workforce for navigating COVID-19 thus far

credit acceptance image for web
Friday, May. 22, 2020, 03:20 PM
SubPrime Auto Finance News Staff
After being delayed because of the coronavirus pandemic, Credit Acceptance Corp. plans to return from Memorial Day weekend and share its first-quarter results on Wednesday.   Earlier this week, the subprime auto finance company gave a glimpse of how it’s ... [Read More]

Auto defaults drop to 10-year low even as jobless claims approach 39M

default graphic
Thursday, May. 21, 2020, 02:08 PM
Nick Zulovich, Senior Editor
For the second month in a row, the auto-finance portion of the S&P/Experian Consumer Credit Default Indices for April dropped to the lowest level in 10 years, even as the U.S. Department of Labor said another 2,438,000 workers made initial ... [Read More]

ANALYSIS: Examining Top 8 collateral-recovery challenges

problems and solutions
Wednesday, May. 20, 2020, 03:51 PM
Joel Kennedy, NAF Association
Editor’s note: This commentary is the second in a series compiled by Joel Kennedy, who is the current president of the National Automotive Finance Association and board adviser at TruDecision, looking at the intricacies of repossessions and recovery. The first segment ... [Read More]

Launcher rolls out origination solutions tailored for credit unions

news pic
Wednesday, May. 20, 2020, 03:44 PM
SubPrime Auto Finance News Staff
LAUNCHER.SOLUTIONS (Launcher) entered the credit-union world on Tuesday to offers a solution the company believes can work exceptionally well in both the prime and the subprime market with regard to risk assessment and complex workflows. The technology provider specializing in ... [Read More]

F&I Providers Relief Fund strives toward $1M goal as need grows

fund logo for web
Wednesday, May. 20, 2020, 03:34 PM
SubPrime Auto Finance News Staff
Personnel within one of the most important dealership departments still need help as the coronavirus pandemic continues. Organizers of the F&I Providers Relief Fund for F&I managers have raised more than $500,000 in only about a month — half of ... [Read More]

SCUSA reaches $550M settlement with 33 states over subprime paper

Santander image
Wednesday, May. 20, 2020, 03:29 PM
SubPrime Auto Finance News Staff
On Tuesday, Santander Consumer USA Holdings finalized a voluntary settlement topping $550 million with 33 states and the District of Columbia that alleged that contracts that the finance company funded through certain dealers dating back to 2010 violated consumer protection ... [Read More]

Location Services adds 2 new executives to management team

Location Services headshots for web
Tuesday, May. 19, 2020, 06:42 PM
SubPrime Auto Finance News Staff
Location Services made two significant additions to its senior leadership team on Tuesday. The provider of loss mitigation solutions for the financial services industry brought on Jose Delgado as chief client officer and Mohit Mahajan as chief information officer. Delaware ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X