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Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Zapmoto Co-Founder & CEO Clint Curtis
Tuesday, Oct. 21, 2025, 07:52 PM
We throw the keys to the valet on this episode. Clint Curtis is the co-founder and CEO of Zapmoto, which provides valet pickup and delivery of vehicles for servicing at car dealerships. He joins the Auto Remarketing Podcast for a ... Listen Here

FBI names 8 lenders potentially impacted by alleged fraud at SC Mitsubishi store

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Friday, Jun. 28, 2019, 03:33 PM
Nick Zulovich, Senior Editor
This week, SubPrime Auto Finance News secured the affidavit connected with an FBI investigation of a South Carolina Mitsubishi dealership containing scathing details about store management manipulating trade-in values, down payments and income figures in an elaborate fraud scheme that ... [Read More]

ADAI endorsement of Dealertrack Registration and Title Solutions reaches 10 years

salesperson
Friday, Jun. 28, 2019, 03:28 PM
SubPrime Auto Finance News Staff
It appears Hoosier State dealers like the tools Dealertrack provides since an endorsement of them now has existed for a decade. According to a news release distributed this week, the Automobile Dealers Association of Indiana (ADAI) has renewed its preferred ... [Read More]

FTC roundup: Actions involving active duty military, credit repair scheme and robocalls

FTC picture
Thursday, Jun. 27, 2019, 02:48 PM
SubPrime Auto Finance News Staff
The past seven days have been quite active at the Federal Trade Commission. The regulator made moves involving credit reporting and active military personnel, took action in connection with an alleged credit repair scheme and worked with and its law ... [Read More]

KAR moves AFC exec to PAR sales leader

job promotion
Tuesday, Jun. 25, 2019, 05:05 PM
SubPrime Auto Finance News Staff
On Tuesday, KAR Auction Services shifted an executive from AFC to a role with PAR North America. According to a news release, PAR announced Drew Shull was named vice president of sales and client experience. In his new role, the ... [Read More]

DIMONT enhances auto team with former VanWagenen executive

new hire
Tuesday, Jun. 25, 2019, 05:00 PM
SubPrime Auto Finance News Staff
DIMONT bolstered its leadership team on Tuesday with a former VanWagenen executive who also has been involved with multiple industry organizations such as the American Financial Services Association and the National Automotive Finance Association. The Dallas-based provider of insurance claims adjusting and ... [Read More]

Subprime auto loan ABS metrics mixed in April

investment picture
Tuesday, Jun. 25, 2019, 03:13 PM
SubPrime Auto Finance News Staff
Analysts discovered some positive metrics when finalizing April data for the latest S&P Global Ratings report about the auto loan asset-backed securities (ABS) sector. S&P Global Ratings shared that subprime auto loan ABS losses improved month-over-month to 6.60% from 7.11%. ... [Read More]

May auto defaults stay below 1%

auto finance pic 2
Monday, Jun. 24, 2019, 03:46 PM
SubPrime Auto Finance News Staff
Auto defaults remained below the 1% mark in May, according to the latest information assembled by S&P Dow Jones Indices and Experian. Analysts noticed the May auto default reading dropped 7 basis points to settle at 0.87%. Auto defaults have ... [Read More]

Black Book launches Asset Verification Tool

headlight
Monday, Jun. 24, 2019, 03:44 PM
SubPrime Auto Finance News Staff
Black Book recently rolled out its latest solution for auto finance professionals — Asset Verification Tool — which is designed to help protect finance companies, auction and dealers against vehicle misrepresentation by providing insight on vehicle trim and equipped options. ... [Read More]

Trust Science and Inovatec Systems partner for AI-fueled LOS system

partnership
Friday, Jun. 21, 2019, 03:41 PM
SubPrime Auto Finance News Staff
TrustScience and Inovatec Systems Corp. finalized a partnership this week. The provider of artificial intelligence-fueled credit scoring and the loan operating system (LOS) provider announced they will partner to release a fully automated lending platform that can enable end-to-end loan ... [Read More]

NAF Association names Kennedy as next president

latest news
Friday, Jun. 21, 2019, 03:40 PM
SubPrime Auto Finance News Staff
Joel Kennedy’s efforts on behalf of the National Automotive Finance Association are set to become even more involved. The association that exclusively serves the non-prime auto financing industry recently named Kennedy as its next president. Kennedy succeeds Sharon Mancero, who ... [Read More]
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