A Look Back at Last Two Decades of the Used-Car Industry in Canada
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
Thursday, Sep. 18, 2025, 02:32 PM
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Thursday, Sep. 11, 2025, 04:33 PM
Matt Rice
Experian on how much auto refinancing is gaining traction
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here
Thursday, Sep. 11, 2025, 01:53 PM
9 groups urge Senate to pass bill rescinding CFPB auto finance guidance
Friday, Jul. 22, 2016, 03:42 PM
SubPrime Auto Finance News Staff
This week, a broad coalition of business groups involved in the making, selling, servicing, financing and auctioning of vehicles urged Congress to support Senate legislation to preserve a consumer's ability to get discounted auto financing at the dealership. In a ... [Read More]
CFPB’s impact after 5 years
Thursday, Jul. 21, 2016, 02:36 PM
Nick Zulovich, Senior Editor
Five years ago today, the Consumer Financial Protection Bureau “opened our doors,” a milestone the regulator highlighted on its website. The Dodd-Frank Act that created the CFPB receives its operational funding the Federal Reserve, which literally can print money. As ... [Read More]
Dealertrack eContracting now available to Volvo dealers nationwide
Wednesday, Jul. 20, 2016, 03:30 PM
SubPrime Auto Finance News Staff
In an effort to help dealers and finance companies benefit from the use of digital technologies, Dealertrack announced this week that Volvo Car Financial Services is now available for eContracting with Volvo dealers nationwide on the Dealertrack platform. The company ... [Read More]
2 factors that could push defaults higher
Wednesday, Jul. 20, 2016, 03:29 PM
SubPrime Auto Finance News Staff
David Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices, suspects that two factors could “hint of future default rate increases.” However, auto financing wasn’t one of the ones Blitzer mentioned on Tuesday when the ... [Read More]
NextGear Capital closes $1.95B financing securitization
Tuesday, Jul. 19, 2016, 01:51 PM
SubPrime Auto Finance News Staff
NextGear Capital on Tuesday announced the recent closing of its $1.95 billion securitized bank facility. Led by The Bank of Tokyo-Mitsubishi, the company highlighted the two-year securitized facility is designed to provide “flexibility and tremendous lending capacity” through a large, ... [Read More]
ProMax Unlimited unveils third soft-pull product
Monday, Jul. 18, 2016, 04:12 PM
SubPrime Auto Finance News Staff
Dealer Marketing Services, the makers of ProMax Unlimited, recently released the third solution in a line of three consumer credit soft pull products. The latest addition is the Instant Auto Credit App, an Equifax-powered version of the popular online soft ... [Read More]
Reynolds’ LAW F&I library grows to 23 states
Monday, Jul. 18, 2016, 04:07 PM
SubPrime Auto Finance News Staff
With the recent release of the Reynolds LAW Michigan F&I Library, Reynolds and Reynolds now offers a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents for franchised new-vehicle dealerships in 23 different states. The latest to come ... [Read More]
Refinancing on the rise with firms like SpringboardAuto.com leveraging technology
Friday, Jul. 15, 2016, 03:41 PM
Nick Zulovich, Senior Editor
TransUnion senior vice president and automotive business leader Jason Laky indicated auto refinancing still is a “small” portion of all new quarterly originations. However, start-up companies such as SpringboardAuto.com are aiming to boost the volume figure by creating online opportunities ... [Read More]
Auto Title Express moves to new Louisiana location
Friday, Jul. 15, 2016, 03:37 PM
SubPrime Auto Finance News Staff
Auto Title Express, an operating unit of Cox Automotive brand Dealertrack, announced the grand opening of its new Louisiana location is set for Monday. After more than 59 years serving the community, Auto Title Express is moving from its longtime ... [Read More]
2 trends spark OCC’s concern about banks’ auto activity
Thursday, Jul. 14, 2016, 03:35 PM
SubPrime Auto Finance News Staff
Equifax and Moody’s Analytics recently suggested commercial banks should consider borrowers who might fall in the non-prime or even subprime tiers to enhance their auto-finance opportunities. Evidently, officials from the Office of the Comptroller of the Currency (OCC) disagree stemming ... [Read More]
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