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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

Intellaegis welcomes new executive adviser

executive boardroom
Thursday, Aug. 15, 2019, 02:33 PM
SubPrime Auto Finance News Staff
As Intellaegis, which does business as masterQueue, gears up for a potential award-winning appearance at the Finovate Fall conference in New York this September, the company announced an executive adviser joined the team, bringing a diverse technology background. Intellaegis’ newest ... [Read More]

Equifax notices 2 patterns forming in auto finance

auto financing
Thursday, Aug. 15, 2019, 02:30 PM
SubPrime Auto Finance News Staff
The latest data made available by Equifax reinforced patterns many finance companies might be experiencing. Origination volume is slowing, while the amount financed is climbing. According to Equifax data through March, the auto-finance industry generated 5.90 million auto loans, totaling $135.5 ... [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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ARA & Harding Brooks collaborate to offer workers’ compensation

compliance
Tuesday, Aug. 13, 2019, 08:53 PM
SubPrime Auto Finance News Staff
The American Recovery Association (ARA) and the Harding Brooks Insurance Agency previously collaborated on a health-insurance program for members. This week, the partnership evolved into another benefit for compliant members — preferred pricing for workers’ compensation. “ARA is dedicated to ... [Read More]

Court orders notifications to begin involving Wells Fargo insurance settlement

auto-auction
Tuesday, Aug. 13, 2019, 08:50 PM
SubPrime Auto Finance News Staff
The United States District Court for the Central District of California announced on Monday that a notification program began this week as ordered by the court to alert consumers about a proposed class action settlement to remediate auto finance customers ... [Read More]

ALS Resolvion finalizes integration with RDN agent platform

cloud computing
Tuesday, Aug. 13, 2019, 08:48 PM
SubPrime Auto Finance News Staff
About a month after rolling out its “mobile only” policy, ALS Resolvion announced this week that the skip-tracing and repossession management firm completed the integration between its proprietary operating system (Wombat) into the forwarder platform fueled by Recovery Database Network ... [Read More]

KBRA reports cyclical non-prime auto ABS performance in July

bar-chart
Tuesday, Aug. 13, 2019, 03:46 PM
SubPrime Auto Finance News Staff
If your non-prime portfolio performance is experiencing some cyclical turbulence this summer, it appears you might not be alone. This week, Kroll Bond Rating Agency (KBRA) released its auto loan indices for July, reporting on delinquency roll rates from asset-level ... [Read More]

Nicholas Financial back to profitability after ‘transitional year’

strategy picture
Monday, Aug. 12, 2019, 03:55 PM
SubPrime Auto Finance News Staff
Coming off of what the president and chief executive officer described as a “transitional year,” Nicholas Financial opened its 2020 fiscal year with positive net income after finishing its 2019 fiscal year with a loss. The publicly-traded specialty consumer finance ... [Read More]

Former Arizona dealer employee arrested on fraud charge

fraud prevention
Monday, Aug. 12, 2019, 03:54 PM
SubPrime Auto Finance News Staff
Another fraud incident recently surfaced involving two dealerships with the investigation spreading into two states. The Arizona Department of Transportation’s Office of Inspector General made an arrest following an investigation that revealed a Nissan dealership employee stole a customer’s identity ... [Read More]

DOJ secures 10-year prison sentence for orchestrator of luxury-vehicle Ponzi scheme

DOJ picture
Friday, Aug. 9, 2019, 02:43 PM
SubPrime Auto Finance News Staff
This week, a judge sentenced a Wisconsin man to more than 10 years in prison after the Justice Department secured an indictment earlier this summer in connection with the orchestration of a Ponzi scheme that included the fraudulent financing and ... [Read More]

SCRA violations cost NMAC nearly $3M

legal analysis
Thursday, Aug. 8, 2019, 08:29 PM
SubPrime Auto Finance News Staff
Repossession of 113 vehicles and violations of vehicle-lease mandates are going to cost Nissan Motor Acceptance Corp. (NMAC) nearly $3 million. The Department of Justice recently announced that NMAC has agreed to pay almost $3 million to resolve allegations that ... [Read More]

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