Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here
The hidden costs of getting paid with Dealer Pay CEO Julie Douglas
Monday, Jan. 12, 2026, 04:39 PM
As payment technologies evolve, so do the risks. Dealers are increasingly targeted by sophisticated fraud schemes, and compliance requirements are tightening. Dealer Pay CEO Julie Douglas recapped the current environment on the Live Stage presented by SYCN Auto Logistics during ... Listen Here

Capital One survey shows soft buyer confidence in securing financing

dealership
Friday, Nov. 22, 2019, 03:55 PM
SubPrime Auto Finance News Staff
Consumers appear to have a notable desire to purchase a vehicle amid the upcoming holiday shopping season. Their sureness that a finance company will underwrite the contract so they can take delivery doesn’t appear to be on the same level. ... [Read More]

October auto default rate stays on par with historical trendline

bar-chart
Thursday, Nov. 21, 2019, 03:06 PM
SubPrime Auto Finance News Staff
While a bit higher than the year-ago reading, the latest auto-finance default rate included among the S&P/Experian Consumer Credit Default Indices is on par with what the metric has been in October multiple times during the past five years. This ... [Read More]

Federal and state regulators approve merger of BB&T and SunTrust

SuntrustBBT
Wednesday, Nov. 20, 2019, 04:35 PM
SubPrime Auto Finance News Staff
A banking merger first announced back in February finally received a blessing from federal regulators on Tuesday. The Federal Reserve Board met and approved the application by BB&T Corp. of Winston-Salem, N.C., to merge with SunTrust Banks of Atlanta, becoming ... [Read More]

Russi resurfaces as part of Resolvion’s board

board-room
Wednesday, Nov. 20, 2019, 04:32 PM
SubPrime Auto Finance News Staff
Resolvion — the newly formed provider of loss mitigation services stemming from the recent merger of ALS Resolvion and Del Mar Recovery Solutions — added a well-known executive to its board. Resolvion announced on Wednesday that Tim Russi, former vice ... [Read More]

Geostamping capability among latest enhancements from RDN and Clearplan

person on phone near cars
Tuesday, Nov. 19, 2019, 03:52 PM
SubPrime Auto Finance News Staff
Coming on the heels of multiple discussions during Used Car Week 2019 about improving efficiencies during the recovery process, a pair of KAR Global business units rolled out key platform enhancements meant to accomplish that objective. Recovery Database Network (RDN) ... [Read More]

KBRA: Seasonal impact on October ABS indices intensifies

money-key
Tuesday, Nov. 19, 2019, 03:51 PM
SubPrime Auto Finance News Staff
The seasonal impact Kroll Bond Rating Agency (KBRA) expected to see when analysts assembled their latest prime and non-prime indices of the automotive asset-backed securities (ABS) market arrived in October. KBRA reported auto loan ABS credit performance weakened again in ... [Read More]

Steadiness a theme in TransUnion Industry Insights report

subprime credit report_6
Thursday, Nov. 14, 2019, 06:37 PM
Daryl Lubinsky, Correspondent
Subprime, near-prime and prime year-over-year origination growth all saw year-over-year declines for the first time since a six-quarter pullback that lasted from the third quarter of 2016 to the fourth quarter of 2017, according to a new report from TransUnion. But ... [Read More]

ALS Resolvion and Del Mar Recovery Solutions announce merger

latest news
Monday, Nov. 11, 2019, 01:30 PM
SubPrime Auto Finance News Staff
American Recovery Association executive director Les McCook has proven to be quite prophetic stemming from a comment he made during the Innovations in Recovery Summit hosted by ALS Resolvion in late September. McCook said, “In the next 24 months, there ... [Read More]

Copart selected as Innovator of the Year for solution that benefits entire customer base

SP_BHPH_1911_Cover_880x495 (1)
Friday, Nov. 8, 2019, 04:16 PM
Nick Zulovich, Senior Editor
The newest accolade to be handed out during Used Car Week is going to an operation that’s been a publicly traded company for 25 years. But one of the reasons Copart has been successful for that span is being able ... [Read More]

Dealertrack and IAA testing integrated solution to expedite settlements and titles

car-side-window
Thursday, Nov. 7, 2019, 03:13 PM
SubPrime Auto Finance News Staff
Two operations that finance companies likely know and perhaps use their services — Dealertrack and IAA — now are working closely together. On Thursday, Dealertrack announced a new integration with IAA. The companies said bringing together two technology solutions — ... [Read More]
X