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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

CFPB forms federal consumer financial law taskforce

executive boardroom
Monday, Oct. 14, 2019, 03:40 PM
SubPrime Auto Finance News Staff
Along with naming academics, industry leaders and consumer advocates to a trio of committees, the Consumer Financial Protection Bureau also announced last week that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws. ... [Read More]

New division Westlake Capital Finance fueled to help dealers grow operations

money-stack
Monday, Oct. 14, 2019, 03:38 PM
SubPrime Auto Finance News Staff
Dealerships wanting to expand their operations now can turn to Westlake Technology Holdings. The finance company that originates installment contracts throughout the credit spectrum recently launched Westlake Capital Finance to provide commercial real estate loans to dealers. The commercial real ... [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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DIMONT adds another former van Wagenen exec to leadership team

new hire 2
Friday, Oct. 11, 2019, 03:27 PM
SubPrime Auto Finance News Staff
For the second time this year, DIMONT reinforced its leadership team with a former executive from van Wagenen. This week, the Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries ... [Read More]

AutoMap promotes Sargeant to CEO

job promotion
Friday, Oct. 11, 2019, 03:25 PM
SubPrime Auto Finance News Staff
An employee who has been with AutoMap for nearly 10 years now is the company’s chief executive officer. The provider of electronic vehicle monitoring and location services recently announced Mark Sargeant was promoted to CEO of AutoMap in a move ... [Read More]

A treat for the industry? Perhaps another rate cut coming

interest rate picture new
Thursday, Oct. 10, 2019, 03:03 PM
SubPrime Auto Finance News Staff
This week, the Federal Reserve released minutes from its September Federal Open Market Committee (FOMC) meeting that resulted in policymakers leveraging their second consecutive opportunity to lower the target range for the federal funds rate after having not taken a ... [Read More]

ARA unveils theme & registration for North American Repossessors Summit

NARS2020 logo for web
Wednesday, Oct. 9, 2019, 04:11 PM
SubPrime Auto Finance News Staff
It might only be October, but the American Recovery Association (ARA) already has its eyes on early May, unveiling the theme for one of its largest annual events. ARA, along with headline sponsor, Harding Brooks Insurance, announced this week that ... [Read More]

ALS Resolvion shifts online location for best-practices forum

best practices
Wednesday, Oct. 9, 2019, 04:09 PM
SubPrime Auto Finance News Staff
ALS Resolvion is trying to make collaboration within the skip-tracing and repossession worlds a little easier to be done online. The recovery management firm this week announced a transition of its popular community forum, Lenders Repossession Best Practices, from one ... [Read More]

Open Lending promotes 2 longtime executives

job promotion
Wednesday, Oct. 9, 2019, 04:08 PM
SubPrime Auto Finance News Staff
Open Lending promoted two of its executives this week who have combined to serve the company for nearly 20 years. The provider of analytics, risk-based pricing, risk modeling and automated decision technology for credit unions and other finance companies, announced ... [Read More]

Trust Science secures exclusive registration to use Credit Bureau 2.0

news update 2
Thursday, Oct. 3, 2019, 04:04 PM
SubPrime Auto Finance News Staff
Trust Science gained important branding privileges this week. The company obtained official, exclusive registration over the use of “Credit Bureau 2.0” as a trademark from the U.S. Patent & Trademark Office. According to a news release, Trust Science and its ... [Read More]

Assessing risk as 84-month contracts become more prevalent

red arrow graphic
Thursday, Oct. 3, 2019, 01:46 PM
SubPrime Auto Finance News Staff
S&P Global Ratings senior director Amy Martin recently assembled a report with a title that concisely summarized the current state of auto financing. Martin’s analysis titled, “Speed Bump Ahead: As Auto Loans Accelerate Toward 84 Months, Caution Is Warranted,” reviewed ... [Read More]

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