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
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
EFG Companies taps Roennau as vice president of compliance
Friday, Jun. 24, 2016, 03:35 PM
SubPrime Auto Finance News Staff
Reflecting the company’s ongoing mission of driving operational compliance for its dealership clients, EFG Companies appointed Steve Roennau as vice president of compliance this week. EFG highlighted that Roennau brings a 30-year history of driving bottom-line results in automotive F&I, ... [Read More]
Dealer Funding to stop originating as of June 29
Thursday, Jun. 23, 2016, 01:49 PM
Nick Zulovich, Senior Editor
SubPrime Auto Finance News has learned Dealer Funding — a finance company specializing in subprime auto financing for both franchised and independent dealerships — “has paused all new business activities as part of an evaluation of its ongoing business operations.” ... [Read More]
Fitch cautious about summertime subprime ABS movement
Wednesday, Jun. 22, 2016, 03:30 PM
SubPrime Auto Finance News Staff
Fitch Ratings shared its latest update on the topic becoming more of a pressing issue for finance company executives this year — the performance of subprime auto loan ABS. While analysts noticed overall losses and delinquencies improved again in May, ... [Read More]
RouteOne eContracting now available to all Southeast Toyota Finance dealers
Wednesday, Jun. 22, 2016, 03:26 PM
SubPrime Auto Finance News Staff
The stream of developments from RouteOne continued on Tuesday as the company expanded its partnership with Southeast Toyota Finance, the provider of automotive financing for 176 Toyota dealers in the southeastern United States. The expansion includes eContracting on RouteOne’s automotive ... [Read More]
Auto defaults dip again as composite rate sets 10-year low
Tuesday, Jun. 21, 2016, 03:39 PM
Nick Zulovich, Senior Editor
As the overall default reading recorded its lowest point dating back a decade, the auto loan segment of the S&P/Experian Consumer Credit Default Indices made another move away from the 1-percent level in May, dipping 5 basis points below the ... [Read More]
GWC Warranty expands F&I product offerings
Monday, Jun. 20, 2016, 02:19 PM
SubPrime Auto Finance News Staff
GWC Warranty, the used vehicle service contract and related finance and insurance products provider for dealers, recently announced an expansion of its product set. Highlighting the changes to GWC’s product set are upgraded terms for exclusionary coverage levels. GWC is now ... [Read More]
defi SOLUTIONS promotes Dufalo to be CTO
Monday, Jun. 20, 2016, 02:18 PM
SubPrime Auto Finance News Staff
Robert Dufalo has a new title with defi SOLUTIONS as the company recently elevated the tech industry veteran to be its new chief technology officer. Dufalo previously was director of quality for the browser-based loan origination system. In addition to ... [Read More]
GAO gives CFPB 5 more recommendations
Thursday, Jun. 16, 2016, 07:52 PM
SubPrime Auto Finance News Staff
Consumer Financial Protection Bureau director Richard Cordray has five more chores on his to-do list courtesy of the U.S. Government Accountability Office (GAO). Within the week of its contract spending strategy being revealed through the federally mandated website USASpending.gov, the ... [Read More]
RouteOne finalizes executive team with new CTO
Thursday, Jun. 16, 2016, 07:50 PM
SubPrime Auto Finance News Staff
Rounding out the newest member of its leadership contingent, RouteOne’s board of directors on Thursday appointed Chris Irving as its chief technology officer in the latest move with new chief executive officer Justin Oesterle at the controls of the platform ... [Read More]
SCUSA’s Kulas sees benefits of added compliance burden
Thursday, Jun. 16, 2016, 02:26 PM
Jim Henry, Correspondent
Rising compliance costs could be a blessing in disguise for big, established subprime auto finance companies, said Jason Kulas, chief executive officer of Dallas-based Santander Consumer USA. That’s because in the long run the cost of meeting tougher regulations could ... [Read More]
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