Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
Inside the ‘architectural mismatch’ between generic AI capabilities & dealer needs
Monday, May. 11, 2026, 09:42 AM
A new survey report from LotLinx asserts that in its current form, “AI is broken for dealers.” The company contends the era of “one-size-fits-all artificial intelligence” is over for auto dealers. The recent survey of 215 executives from both franchised ... Read More
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Byron Oldham of Honest Autos & FIADA
Monday, Apr. 27, 2026, 07:47 PM
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Sunday, Apr. 19, 2026, 04:27 AM
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here

20 senior industry leaders upbeat about finance market

auto financing
Wednesday, Oct. 4, 2017, 03:20 PM
SubPrime Auto Finance News Staff
If your shop is struggling with originating quality paper or keeping customers current, perhaps here’s some good news. The opinions of business leaders including company chief executive officers, directors, chairmen and presidents highlighted in White Clarke Group’s new U.S. Auto ... [Read More]

More than 10K professionals have completed RISC’s compliance certification program

training
Wednesday, Oct. 4, 2017, 03:17 PM
SubPrime Auto Finance News Staff
Recovery Industry Services Co. (RISC) recently reached a new threshold of industry professionals completing its Certified Asset Recovery Specialist (CARS) and CARS-FC certification program. Since it was launched in 2002, RISC tabulated that it has certified more than 10,000 individuals ... [Read More]

Used-financing trends produce stable September

chart
Tuesday, Oct. 3, 2017, 03:10 PM
SubPrime Auto Finance News Staff
Along with sharing some insights on how new vehicles are being financed in the Houston market following Hurricane Harvey, Edmunds reported that nationwide used-vehicle financing trends in September remained stable. Analysts determined the average term for a used-vehicle installment contract ... [Read More]

3 top executive changes at SCUSA, including CFO and head of operations

board-room
Tuesday, Oct. 3, 2017, 03:08 PM
SubPrime Auto Finance News Staff
This week, Santander Consumer USA Holdings made a trio of key changes to its leadership team under new chief executive officer Scott Powell, who took control of the finance company in late August. SCUSA announced that Juan Carlos Alvarez, corporate ... [Read More]

Equifax breach roundup: CUNA lawsuit and FTC workshop

fraud picture
Monday, Oct. 2, 2017, 02:23 PM
SubPrime Auto Finance News Staff
This past Friday, both the Credit Union National Association (CUNA) and the Federal Trade Commission made moves associated with the Equifax security breach. CUNA announced that the association will file a lawsuit against Equifax to protect credit unions and their ... [Read More]

Wise F&I boosts plan coverage to 10 years and 100,000 miles

mechanic
Monday, Oct. 2, 2017, 02:21 PM
SubPrime Auto Finance News Staff
Wise F&I recently enhanced its vehicle service contract, WiseTVP, to offer consumers five coverage plans, which now include an extended term with coverage for up to 10 years and 100,000 miles. The company highlighted WiseTVP’s coverage plans can provide for escalating ... [Read More]

Lawsuit filed over CFPB’s arbitration rule

news update 2
Friday, Sep. 29, 2017, 07:12 PM
Nick Zulovich, Senior Editor
The Consumer Financial Protection Bureau’s anti-arbitration rule is now heading for a courtroom clash. On Friday, the U.S. Chamber of Commerce, American Bankers Association, American Financial Services Association, Consumer Bankers Association, Financial Services Roundtable and a coalition of associations located ... [Read More]

CFPB survey shows more than 40 percent of households struggle to cover regular bills

budget struggle
Friday, Sep. 29, 2017, 03:09 PM
SubPrime Auto Finance News Staff
More evidence arrived this week indicating how some contract holders in your portfolio might be struggling to maintain their finances. This time, the research came from the Consumer Financial Protection Bureau. The CFPB’s latest survey showed that more than 40 ... [Read More]

Hudson Cook’s Musselman named vice chair of ABA Banking Law Committee

news update
Friday, Sep. 29, 2017, 03:03 PM
SubPrime Auto Finance News Staff
Meghan Stringer Musselman, a partner in the Maryland office of Hudson Cook, has been appointed vice chair of the American Bar Association (ABA) Banking Law Committee for a three-year term. With approximately 1,950 members, the mission of the Banking Law ... [Read More]

From the editor: The CFPB and a fire alarm

SBA for SPN
Thursday, Sep. 28, 2017, 02:04 PM
Nick Zulovich, Senior Editor
There didn’t appear to be any obvious connection between a representative from the Consumer Financial Protection Bureau finishing his presentation during the National Policy Conference hosted by the National Independent Automobile Dealers Association and the hotel fire alarm activating as ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X