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Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
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

MBSi launches 24/7 support for all customers

computers and business
Tuesday, Nov. 5, 2019, 02:59 PM
SubPrime Auto Finance News Staff
A founding member of the Automotive Intelligence Council is making a segment of its business available 24 hours a day, seven days a week. On Monday, MBSi Corp., announced the broadening of its technical customer support hours to help clients that ... [Read More]

Westlake reaches $10B in assets, sets timeline to hit $20B

money-stack
Monday, Nov. 4, 2019, 04:36 PM
SubPrime Auto Finance News Staff
Fueled in part by blossoming relationships with industry players such as CarGurus, Westlake Technology Holdings recently announced that it reached $10 billion in assets under management milestone ahead of its targeted goal of hitting the milestone in 2022. Westlake responded ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Toyota and Wells Fargo seek to help customers recently impacted by fires and tornadoes

news update 2
Monday, Nov. 4, 2019, 04:34 PM
SubPrime Auto Finance News Staff
Both Toyota Financial Services and Wells Fargo put initiatives in place to help their customers affected by the recent series of wildfires throughout California, as well as the tornadoes that struck northern Texas last month. The Toyota captive announced in ... [Read More]

APR on new & used financing stays nearly steady in October

auto financing
Friday, Nov. 1, 2019, 02:24 PM
SubPrime Auto Finance News Staff
As experts from ALG and Kelley Blue Book watched average transaction prices (ATP) for new models climb again in October, Edmunds noticed average interest rates for new-vehicle financing remained below 6% for the fourth month in a row. Edmunds pegged ... [Read More]

Fed reiterates timing when rate-cut impact truly surfaces

powell just before Halloween
Thursday, Oct. 31, 2019, 01:58 PM
SubPrime Auto Finance News Staff
While referencing conditions of consumers who might be purchasing particular vehicles in your inventory or are already contract holders within your portfolio, Federal Reserve chairman Jerome Powell reiterated the impacts made by policymakers involving interest rates do not necessarily fire as ... [Read More]

From the editor: A crisis facing repossession agents

opinion
Wednesday, Oct. 30, 2019, 07:03 PM
Nick Zulovich, Senior Editor
While the overall automotive industry might be relatively healthy, no doubt there are dealerships struggling with aged inventory, auctions stressed to keep commercial consignors satisfied and finance companies wringing their hands over compressed margins and wavering portfolio performances. But if ... [Read More]

A tale of two candidates and a vital lesson for hiring managers

job interview
Tuesday, Oct. 29, 2019, 09:10 PM
SubPrime Auto Finance News Staff
Automotive Personnel founder and chief executive officer Don Jasensky addressed what he believes is the most common hiring mistake employers make. The National Automotive Finance Association board member discussed when dealerships and finance companies might pass on a potentially high ... [Read More]

2 separate Inovatec surveys shed light on pain points for lenders & consumers

strategy picture
Tuesday, Oct. 29, 2019, 03:30 PM
SubPrime Auto Finance News Staff
While enhancements in auto financing certainly have been made over the years, a pair of surveys orchestrated by Inovatec Systems Corp., revealed areas where improvements still could be made for the benefit of finance companies and consumers. This week, Inovatec ... [Read More]

August recoveries improve based on S&P auto ABS data

money-key
Monday, Oct. 28, 2019, 03:21 PM
SubPrime Auto Finance News Staff
While some overall metrics in the U.S. auto loan asset-backed securities (ABS) sector demonstrated seasonality, S&P Global Ratings also spotted some improvements in recoveries for both prime and subprime. According to its latest report, U.S. Auto Loan ABS Tracker: August ... [Read More]

TMCC’s ‘commitment to innovation’ made through latest financing action

money-stack
Friday, Oct. 25, 2019, 03:17 PM
SubPrime Auto Finance News Staff
Toyota Motor Credit Corp. (TMCC) said it made a complex financing move that the captive said was “demonstrating the company’s commitment to innovation and advancing its reputation as an industry leader.” On Thursday, TMCC announced that it issued its first ... [Read More]

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