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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

New York Fed puts 7M auto delinquencies in context

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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’

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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]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Westlake closes record-breaking year with portfolio surpassing $8B

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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
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

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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
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

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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
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]

ID Analytics unveils Credit Optics Full Spectrum Auto

online auto financing
SubPrime Auto Finance News Staff
ID Analytics recently rolled out a tool specifically tailored for finance companies looking to buy a little deeper while still having solid footing with its underwriting. The Symantec company and consumer risk management provider recently announced Credit Optics Full Spectrum ... [Read More]

Allstate Dealer Services picks MaximTrak Technologies as a preferred partner

partnership picture
SubPrime Auto Finance News Staff
MaximTrak Technologies announced on Tuesday a preferred partnership with Allstate Dealer Services to provide digital F&I solutions for agents and their dealer customers retailing Allstate’s aftermarket products. MaximTrak highlighted that its platform seamlessly can integrate into auto dealers’ business processes, ... [Read More]

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