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How EVAI became VMS with co-CEO David Prusinski
Monday, Oct. 6, 2025, 07:40 PM
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here
Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance
Friday, Oct. 3, 2025, 02:33 PM
Andy Mayers sees opportunity in subprime and other parts of auto finance. The associate vice president of business operations for retail solutions with Cox Automotive explained his reasons during this episode of the Auto Remarketing Podcast. Mayers also mentioned another ... Listen Here
The Future of EVs & More From the OEM Lens
Tuesday, Sep. 30, 2025, 07:38 PM
Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here

Mercedes-Benz Financial Services names 2 top execs

mercedes-benz-c-class-06
Monday, Oct. 10, 2016, 03:59 PM
SubPrime Auto Finance News Staff
On Monday, Mercedes-Benz Financial Services USA announced key appointments to its executive leadership team in support of the captive’s business priorities and growth strategies to help dealership throughout the U.S. and Canada. Both appointments are effective immediately. The finance company ... [Read More]

Fiserv boosts modeling solutions

another analyst picture
Monday, Oct. 10, 2016, 03:57 PM
SubPrime Auto Finance News Staff
Fiserv recently launched a multi-tier implementation model for its auto loan origination system (LOS) and automotive account servicing solutions to help new entrants expand into auto financing and growing companies improve their efficiencies. According to credit bureaus, an estimated 114 ... [Read More]

Former AutoNation & TrueCar exec joins CU Direct

news report stock photo
Friday, Oct. 7, 2016, 04:04 PM
SubPrime Auto Finance News Staff
This week, CU Direct appointed former AutoNation and TrueCar executive Ron Frey to serve as the company's chief strategy officer for automotive solutions. Frey begins his new position this month. Frey has spent 30 years serving the automotive and credit ... [Read More]

CEDAR and defi SOLUTIONS align for document delivery solution

mobile technology phone to sky
Friday, Oct. 7, 2016, 04:03 PM
SubPrime Auto Finance News Staff
Especially in subprime auto financing, delivering documents such as adverse action notices often is a regular part of doing business for finance companies. To help with that mandated activity, CEDAR Document Technologies (CEDAR) — an online auto finance mobile loan ... [Read More]

NADA chair asks 4 questions about policies impacting financing & more

Jeff Carslson at automotive press event for SPN
Thursday, Oct. 6, 2016, 02:24 PM
SubPrime Auto Finance News Staff
National Automobile Dealers Association chairman Jeff Carlson went back to the media this week in an effort to sound another warning to Washington, D.C., about implementing policies that would inadvertently make buying, financing, trading-in, and servicing vehicles harder and more ... [Read More]

Wolters Kluwer finalizes indirect loan origination solutions sale to Reynolds

business handshake
Wednesday, Oct. 5, 2016, 03:28 PM
SubPrime Auto Finance News Staff
This week, Wolters Kluwer Governance, Risk & Compliance completed divestment of its indirect loan origination solutions, including the AppOne platform, to Reynolds and Reynolds. The development finalizes an agreement officials said included €32 million in cash through a deal initially ... [Read More]

5 critical data points Equifax TradeSight now can provide

analysis pic
Wednesday, Oct. 5, 2016, 03:27 PM
Nick Zulovich, Senior Editor
Before arriving at Equifax, both Lou Loquasto and Craig Sims spent time in the industry trenches with auto finance companies, competing against other providers for applications and contracts generated at dealerships. When Loquasto and Sims offered the industry media a ... [Read More]

White Clarke Group reveals ‘significant’ equity investment & new CEO

company movement
Tuesday, Oct. 4, 2016, 02:35 PM
SubPrime Auto Finance News Staff
Along with adjustments of its top management, White Clarke Group announced on Tuesday that Five Arrows Principal Investments — the corporate private equity business of Rothschild & Co. — made what is being described as a “significant equity investment” in ... [Read More]

Compliance diary post No. 2: Green check marks look so pretty

compliance diary picture
Monday, Oct. 3, 2016, 03:48 PM
Nick Zulovich, Senior Editor
The green check mark I received through the online testing platform of the National Automotive Finance Association’s Consumer Credit Compliance Certification Program sure did look pretty this past weekend. Instructors Patty Covington and Eric Johnson closed the Module 1 training ... [Read More]

Auto finance growth at 3.5% through first half of year

arrow up money
Monday, Oct. 3, 2016, 03:30 PM
SubPrime Auto Finance News Staff
When Equifax looked at its most recent auto finance data, analysts considered the trend that finance companies might be tightening their underwriting a bit. Still based on the August Equifax National Consumer Credit Trends Report, analysts noticed what they called ... [Read More]
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