TruDecision’s Parry defends current status of subprime auto finance
Monday, May. 11, 2026, 11:52 AM
Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’
Tuesday, May. 12, 2026, 10:08 AM
NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award
Friday, May. 8, 2026, 10:56 AM
This Month's Focus
Artificial Intelligence
Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
Tuesday, May. 12, 2026, 01:47 PM
SPONSORED EPISODE: Know your Buyer & Grow your Lot
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
Tuesday, May. 12, 2026, 09:20 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
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
Wednesday, Apr. 29, 2026, 03:54 PM
KBRA spots February ABS improvement but braces for forthcoming deterioration
Thursday, Mar. 19, 2020, 01:54 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) noticed seasonal improvement in February as analysts released their auto loan ABS update this week. However, much of KBRA’s latest discussion revolved around the impact COVID-19 is going to leave. But first, analysts reviewed their ... [Read More]
Ally to defer consumer payments up to 120 days
Wednesday, Mar. 18, 2020, 06:52 PM
SubPrime Auto Finance News Staff
Ally Financial took significant action to help both consumer and dealer customers who might be experiencing significant cash-flow issues triggered by the COVID-19 health crisis. In a news release distributed on Wednesday afternoon, Ally said existing loan customers will be ... [Read More]
Latest 60-day delinquency readings show stability going into potential turbulence
Wednesday, Mar. 18, 2020, 03:19 PM
SubPrime Auto Finance News Staff
Similar to the latest reading on defaults, Experian’s Q4 2019 State of the Automotive Finance Market Report showed 60-day delinquencies finished the year in a stable place as the industry braces for potential jumps in these metrics stemming from the ... [Read More]
700Credit secures certified provider status with VehiclesNETWORK
Wednesday, Mar. 18, 2020, 03:11 PM
SubPrime Auto Finance News Staff
Auto Search Technologies’ transition to becoming VehiclesNETWORK continued on Wednesday as 700 Credit gained certified provider status from VehiclesNETWORK for its consumer pre-qualification (QuickQualify) and full credit application (QuickApplication) platforms. Now dealers who use VehiclesNETWORK to build and manage their ... [Read More]
February auto defaults drop by 10 basis points
Tuesday, Mar. 17, 2020, 02:07 PM
SubPrime Auto Finance News Staff
Here’s some encouraging news amid all of the economic turmoil caused by COVID-19. The auto segment of the S&P/Experian Consumer Credit Default Indices showed a significant decline in February. On Tuesday, Dow Jones Indices and Experian released their data through ... [Read More]
UPDATED: How the auto-finance sector is handling COVID-19
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
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
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
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
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]
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