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

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

ARA refutes suggestions of requiring use of specific third-party vendors

Fitch continues dialogue about affordability & delinquency with latest look at subprime auto securitizations

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

Industry Elite: Chuck Tapp of America’s Group

Friday, Mar. 20, 2026, 01:04 PM

Next up on our series with the inaugural Industry Elite: The C-Suite honorees is America’s Group CEO Chuck Tapp. In this episode, we revisit Tapp’s fireside chat with Cherokee Media Group president Bill Zadeits at Used Car Week 2025. They ... Listen Here

Industry Elite: Grace Huang of Cox Automotive

Thursday, Mar. 19, 2026, 04:49 PM

Kicking off our podcasts with the inaugural Industry Elite: The C-Suite honorees is a conversation with Grace Huang, president of Cox Automotive Inventory Solutions. Huang talks with Cherokee Media Group senior editor Joe Overby about her journey from business consultant ... Listen Here

PointPredictive Fraud Consortium identifies top 3 concerns

fraud prevention

Tuesday, Jun. 18, 2019, 03:01 PM

Nick Zulovich, Senior Editor

Chief fraud strategist Frank McKenna described the fourth gathering of the PointPredictive Fraud Consortium Roundtable earlier this month just ahead of the National Automotive Finance Association’s Non-Prime Auto Finance Conference as the best one yet. Besides more than 50 attendees ... [Read More]

Fitch Ratings cites 4 reasons for improved US auto lease ABS outlook

investment picture

Monday, Jun. 17, 2019, 03:44 PM

SubPrime Auto Finance News Staff

Fitch Ratings is a bit more upbeat about the direction of the auto lease asset backed securities market. Analysts expect stability in residual value realizations throughout the year, prompting them to revise their wholesale market outlook haircut to neutral from ... [Read More]

DriveTime Automotive Group announces $400M tender offer

Federal reserve

Monday, Jun. 17, 2019, 03:42 PM

SubPrime Auto Finance News Staff

DriveTime Automotive Group and its related finance company, Bridgecrest Acceptance Corp., announced on Monday that they have commenced a cash tender offer to purchase any and all of their outstanding $400 million aggregate principal amount of 8.00% senior secured notes ... [Read More]

Arent Fox reinforces compliance personnel & offerings

legal analysis

Thursday, Jun. 13, 2019, 08:42 PM

SubPrime Auto Finance News Staff

Arent Fox is bolstering its compliance offering, and in the process, bringing back one of its experts. This week, the firm announced the launch of Managing Automotive Compliance, a regulatory, auditing and consulting service that is designed to help auto industry ... [Read More]

AFSA names vice president of communications

latest news

Thursday, Jun. 13, 2019, 08:40 PM

SubPrime Auto Finance News Staff

This week, the American Financial Services Association welcomed its new vice president of communications. Taking on this role for the national trade association for the consumer credit industry is Ed McFadden. AFSA indicated McFadden will play a crucial role in ... [Read More]

FTC reaches settlement involving dealer software data breach

data breach

Thursday, Jun. 13, 2019, 02:11 PM

SubPrime Auto Finance News Staff

National Automobile Dealers Association chairman Charlie Gilchrist recently wrote about how data and digital issues remain a high priority for the organization. And it appears those topics certainly are being monitored by the Federal Trade Commission, too. Early this week, ... [Read More]

DRN and ARS celebrate 10 years of recovery collaboration

Jeremiah Wheeler for website

Wednesday, Jun. 12, 2019, 04:12 PM

SubPrime Auto Finance News Staff

In today’s world where it might seem the only auto-finance element lengthening in time involves terms of consumers’ retail installment sales contracts, Digital Recognition Network (DRN) and American Recovery Service (ARS) are reaching a significant milestone — their 10th anniversary of doing ... [Read More]

Both House and Senate craft proposals to delay CECL implementation

capitol hill

Wednesday, Jun. 12, 2019, 01:48 PM

SubPrime Auto Finance News Staff

Apparently, federal lawmakers heard the concerns from banks, credit unions and finance companies about the challenges of preparing for significant accounting changes in connection with reserving for losses. A day short of three weeks after a proposal surfaced from six ... [Read More]

Launcher introduces budget-friendly LOS for small lenders

news update

Wednesday, Jun. 12, 2019, 01:44 PM

SubPrime Auto Finance News Staff

Launcher is looking to help not only well-established subprime auto finance companies, but also shops looking to get a toehold in the space while they stretch their limited resources. The technology provider specializing in loan originations, recently announced the release ... [Read More]

Depth of GAP and VSC payout climbs in 5 years

red arrow graphic

Tuesday, Jun. 11, 2019, 03:02 PM

SubPrime Auto Finance News Staff

Protective Asset Protection recently shared a new set of data analysis showing how much average claims have increased annually for GAP payouts and vehicle service contract (VSC) claims dating back to 2014. The provider of F&I programs, services and dealer ... [Read More]

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