Edmunds on why appeal of used EVs could surge as gas prices keep rising & affordability remains challenging

Wednesday, Mar. 11, 2026, 10:30 AM

PODCAST: Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers

Tuesday, Mar. 10, 2026, 10:57 AM

Already the top factor holding back dealership business, potential economic headwinds build

Monday, Mar. 9, 2026, 10:53 AM

Latest Stories

Edge Financial Services names Marohn as CEO to lead growth strategy

Another former T-Mobile executive joins Credit Acceptance

NAF Association collecting nominations for awards to be given during 30th annual conference

Industry Elite: Sean Morgan of Westlake Financial

Monday, Mar. 23, 2026, 03:07 PM

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

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

PODCAST: Industry update from NAF Association leadership

UCW letters by Jonathan

Tuesday, Nov. 26, 2019, 03:30 PM

SubPrime Auto Finance News Staff

As part of our collection of podcasts originating from Used Car Week 2019, Nick Zulovich shared a conversation with the leadership of the National Automotive Finance Association. Current president Joel Kennedy and executive director Jack Tracey discussed what they’re hearing ... [Read More]

Massachusetts AG lands nearly $1M judgment against independent dealer

legal analysis

Monday, Nov. 25, 2019, 04:44 PM

SubPrime Auto Finance News Staff

The Massachusetts attorney general recently landed a judgment against an independent dealership totalling nearly $1 million for nearly a half dozen allegations. Attorney general Maura Healey recently announced this judgment includes restitution to consumers to resolve allegations that the dealership in ... [Read More]

Latest Credit Acceptance ABS financing & update on dealer fees

money-stack

Monday, Nov. 25, 2019, 04:41 PM

SubPrime Auto Finance News Staff

After revealing a change in its latest quarterly report about how dealer fees are collected, Credit Acceptance Corp. also recently shared the details about its completion of a $351.7 million asset-backed non-recourse secured financing. Pursuant to this transaction, Credit Acceptance ... [Read More]

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]

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