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What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here

SCUSA and Chrysler Capital give paperless customers a chance to win $10K

online auto financing
Thursday, Feb. 14, 2019, 02:23 PM
SubPrime Auto Finance News Staff
Santander Consumer USA and Chrysler Capital are set to give away some valuable paper in hopes of getting more customers in their portfolios to adopt its paperless billing option. This month, Santander Consumer USA and Chrysler Capital rolled out a ... [Read More]

ARA partners with Advantage GPS to help repo agents

partnership
Wednesday, Feb. 13, 2019, 04:18 PM
SubPrime Auto Finance News Staff
With the auto finance default rate in December rising above 1 percent and new data showing more than 7 million people with a contract 90 days or more delinquent, it might be a busy year for repossessions and recoveries. To ... [Read More]

New York Fed puts 7M auto delinquencies in context

money-key
Wednesday, Feb. 13, 2019, 04:15 PM
SubPrime Auto Finance News Staff
A quartet of analysts took a deep look at the auto finance data after the Federal Reserve Bank of New York’s Center for Microeconomic Data released its Quarterly Report on household debt and credit on Tuesday. At first blush, it ... [Read More]

Prospects for 2019 tax season: ‘I don’t think we really know’

tax refund 2
Tuesday, Feb. 12, 2019, 03:13 PM
Nick Zulovich, Senior Editor
Whether it’s during company conference calls or coffee-shop chatter, many individuals with an interest in auto financing are keeping a close watch on this tax season, especially in light of the longest government shutdown already unfolding to begin 2019 and elected ... [Read More]

Westlake closes record-breaking year with portfolio surpassing $8B

growth chart with man
Monday, Feb. 11, 2019, 04:36 PM
SubPrime Auto Finance News Staff
All of the metrics Westlake Technology Holdings shared about its 2018 performance headed in directions that would please just about any executive team or board of directors. And the company already is aiming for double-digit improvement this year. The company ... [Read More]

Ruszkowski now president and COO of Carleton

job promotion
Monday, Feb. 11, 2019, 04:34 PM
SubPrime Auto Finance News Staff
Effective immediately, Matt Ruszkowski has been named president and chief operating officer of Carleton, a provider of compliant consumer loan calculations and lending document generation software. A company news release indicated Ruszkowski will lead Carleton’s experienced executive leadership team toward ... [Read More]

AUL names Frank as manager of operations

news pic
Monday, Feb. 11, 2019, 04:32 PM
SubPrime Auto Finance News Staff
AUL Corp. recently promoted one of its managers who has been with the vehicle service contracts administrator for more than a dozen years. According to a news release, AUL president and chief executive officer Jimmy Atkinson has elevated Deonna Frank ... [Read More]

Revenue, people and compliance highlight Credit Acceptance year-end report

auto financing
Friday, Feb. 8, 2019, 02:53 PM
Nick Zulovich, Senior Editor
Along with sharing an update involving investigations by state-level authorities in two locations, Credit Acceptance went through a series of year-end figures to detail its 2018 performance. And to go with data about income and originations, the subprime auto finance ... [Read More]

BB&T and SunTrust to merge in $66B stock deal

SuntrustBBT
Thursday, Feb. 7, 2019, 04:07 PM
SubPrime Auto Finance News Staff
Dealerships, especially ones located in the Southeast that have business relationships with SunTrust Banks and BB&T Corp., soon will be working with just one financial institution. The banks announced on Thursday that both companies’ boards of directors have unanimously approved ... [Read More]

COMMENTARY: How dealers can make more in deep subprime without spending more

subprime credit report
Wednesday, Feb. 6, 2019, 05:04 PM
Brian Deeley, Spireon
Dumb question: Who wants to make more money? We all do, of course. But is opening your business to more credit-challenged consumers worth chasing more delinquencies and repos? Good question; and one that becomes problematic if you don’t take the ... [Read More]
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