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Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
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

UPDATED: How the auto-finance sector is handling COVID-19

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Monday, Mar. 16, 2020, 06:09 PM
SubPrime Auto Finance News Staff
The auto-finance industry and related service providers are taking an array of steps to handle the implications of COVID-19. Cherokee Media Group reached out to several firms to collect updates. If your company would like its announcement to be added to ... [Read More]

Fed slashes interest rates amid COVID-19 impact

powell at hearing for web
Monday, Mar. 16, 2020, 01:58 PM
SubPrime Auto Finance News Staff
With circumstances changing so quickly, the Federal Reserve on Sunday afternoon cut interest rates to zero percent and announced it would purchase $700 billion in bonds and securities to help stabilize the financial system in light of COVID-19. Policymakers were ... [Read More]

ARA postpones annual convention, NARS 2020

NARS 2020 image for web
Friday, Mar. 13, 2020, 02:27 PM
SubPrime Auto Finance News Staff
Add the North American Repossessors Summit (NARS) to this list of industry events being forced to modify its schedule due to the increased risk associated with COVID-19. The American Recovery Association sent a message late on Thursday, saying the organization ... [Read More]

Ignite Consulting hosting free webinar focused on COVID-19 ramifications

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Friday, Mar. 13, 2020, 02:25 PM
SubPrime Auto Finance News Staff
UPDATE: A recorded version of this webinar is now available. With dealerships and finance companies facing an array of unknown variables connected with increased risk associated with COVID-19, Ignite Consulting Partners is hosting a free webinar to help managers navigate ... [Read More]

From the editor: Consolidation predictions continue to be accurate

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Wednesday, Mar. 11, 2020, 07:55 PM
Nick Zulovich, Senior Editor
Press releases arrive in the inboxes of us here at Cherokee Media Group throughout each business day. Most times, comments from executives contained in these releases focus on flowery language about the company’s newest product or executive. However, the opening ... [Read More]

PAR Repo 360 Advantage expands after successful pilot

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Wednesday, Mar. 11, 2020, 03:15 PM
SubPrime Auto Finance News Staff
After sharpening the solution for nearly a year, PAR North America is ready to broaden the availability of a service aimed at enhancing the wholesaling of repossessed vehicles. The KAR Global business unit on Tuesday announced the expansion of its ... [Read More]

White Clarke Group partners with Solutions by Text

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Wednesday, Mar. 11, 2020, 03:12 PM
SubPrime Auto Finance News Staff
White Clarke Group and Solutions by Text are now working together to provide a fast, more convenient means of regular communication among finance companies, dealerships and their customers. This week, the finance technology company and the automated SMS software provider ... [Read More]

Whistleblowers could land as much as $10M through new CFPB proposal

Kraninger picture for story
Wednesday, Mar. 11, 2020, 03:05 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau explained how it potentially could be quite monetarily worthwhile for someone to be a whistleblower. In fact, it could be as much as $10 million worthwhile in funds from the company found guilty of infractions ... [Read More]

5 factors expected to influence auto ABS in 2020

auto financing
Tuesday, Mar. 10, 2020, 02:43 PM
SubPrime Auto Finance News Staff
Along with reviewing some of its 2019 metrics connected with the subprime auto asset-backed securities market, Fitch Ratings shared the five factors that analysts anticipate to have an impact throughout the securitization market this year. Analysts described these five factors ... [Read More]

700Credit blends offerings into Advent DMS

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Monday, Mar. 9, 2020, 04:33 PM
SubPrime Auto Finance News Staff
Officials from 700Credit recently finalized another alliance to make their credit reports, compliance solutions and consumer pre-qualification products available to more dealerships. The latest relationship is with Advent Resources, which offers Advent DMS, a cloud-based platform for dealers. The companies ... [Read More]

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