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Automotive Intelligence Award Honoree: Patrick Manzi of NADA
Friday, Mar. 6, 2026, 07:55 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Patrick Manzi, who is the chief economist at the National Automobile Dealers Association. Manzi , who got his first subscription to Car and Driver in his early teens, talks ... Listen Here
Automotive Intelligence Award Honoree: Jessica Caldwell of Edmunds
Wednesday, Mar. 4, 2026, 09:18 PM
Our conversations with the 2026 Automotive Intelligence Award winners begin with Jessica Caldwell, who is head of insights at Edmunds. Caldwell talks with Auto Remarketing senior editor Joe Overby about her journey going from working at automakers on the product ... Listen Here
NCM & WOCAN Spotlight Emerging Dealership Leader
Wednesday, Mar. 4, 2026, 07:35 PM
Ashley Cavazos, who is president of the Women of Color Automotive Network and a consultant, instructor and 20 group moderator at NCM Associates, joins the show, along with Colby Sturdivant, new-car manager at Freedom Honda Sumter in South Carolina. WOCAN ... Listen Here

FactorTrust applauds CFPB for examining ‘credit invisibles’

credit report
Wednesday, Jun. 21, 2017, 03:19 PM
SubPrime Auto Finance News Staff
Here’s a change of pace: An auto finance industry participant supporting an action by the Consumer Financial Protection Bureau. FactorTrust said that it backs the CFPB for examining findings that bring to light the plight of credit invisibles in their ... [Read More]

FTC distributing more than $109K through settlement with Regency Financial Services

Federal Trade Commission
Wednesday, Jun. 21, 2017, 03:16 PM
SubPrime Auto Finance News Staff
Consumers involved in an auto finance regulatory matter more than two years old will soon begin to receive refund checks from the Federal Trade Commission for an average amount of $380. The FTC said it is mailing 288 checks totaling more ... [Read More]

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Best Practices, Ideas, and Tools for Business

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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May auto default rate ties 10-year low

graph concept 1
Tuesday, Jun. 20, 2017, 03:23 PM
SubPrime Auto Finance News Staff
The expert who oversees the S&P/Experian Consumer Credit Default Indices explained how May’s auto default movement should put discussions about a “crisis” in subprime auto financing “behind us.” S&P Dow Jones Indices and Experian released data through May and reported ... [Read More]

Fitch keeps stable ABS outlook despite turbulence

analysis pic
Monday, Jun. 19, 2017, 03:17 PM
SubPrime Auto Finance News Staff
With the firm also seeing captive finance companies likely to face continued pressure on profitability, Fitch Ratings noticed a wide array of headwinds impacting the auto ABS market, too. However, Fitch is keeping its rating outlook as stable, according to its ... [Read More]

GrooveCar’s leasing program posts 39% growth in Q1

leasing car pic
Friday, Jun. 16, 2017, 03:19 PM
SubPrime Auto Finance News Staff
GrooveCar recently highlighted that its auto leasing program for credit unions, CU Xpress Lease, produced a 39-percent year-over-year volume increase during the first quarter. The growth comes after CU Xpress Lease funded nearly $1 billion in lease volume for 2016. ... [Read More]

defi SOLUTIONS & eOriginal to tackle 4 digital topics during free webinar

more training
Friday, Jun. 16, 2017, 03:17 PM
SubPrime Auto Finance News Staff
Leaders from defi SOLUTIONS and eOriginal are looking for the auto finance industry to take another significant evolutionary step. Just like when participants moved away from using fax machines to complete applications, Georgine Muntz and Theodore Papilliou want finance companies ... [Read More]

Westlake acquires Credit Union Leasing of America

money 1
Thursday, Jun. 15, 2017, 07:05 PM
SubPrime Auto Finance News Staff
Westlake Financial Services now possesses a significantly larger investment footprint, as on Thursday the company announced the acquisition of Credit Union Leasing of America (CULA), headquartered in San Diego. The company highlighted the purchase of CULA raised Westlake’s total managed ... [Read More]

Fed raises rates while watching subprime auto financing

fed interest rate pic
Thursday, Jun. 15, 2017, 03:06 PM
Nick Zulovich, Senior Editor
As was widely anticipated, members of the Federal Open Market Committee at the Federal Reserve chose to raise the target range for the federal funds rate from 1 percent to 1.25 percent on Wednesday. While the vote to raise the ... [Read More]

How debt collection industry scored rare ‘victory’

delinquency key and money picture
Wednesday, Jun. 14, 2017, 03:37 PM
SubPrime Auto Finance News Staff
A debt collection expert explained the importance of the rule-making pivot the Consumer Financial Protection Bureau evidently is making when it comes to finance companies and other credit providers looking to collect from consumers who defaulted. CFPB director Richard Cordray ... [Read More]

Nicholas Financial president & CEO to retire as company modifies static pools & underwriting

news
Wednesday, Jun. 14, 2017, 03:17 PM
SubPrime Auto Finance News Staff
Coming off of a fiscal year where its net earnings dropped but still surpassed $5 million, Nicholas Financial this week announced the retirement of Ralph Finkenbrink as the subprime auto finance company’s president and chief executive officer for personal reasons. Nicholas ... [Read More]

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