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Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership
Monday, Apr. 13, 2026, 03:50 PM
As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... Listen Here
SPONSORED EPISODE: Allied Solutions reviews Q1, pinpoints signals of loan health
Tuesday, Apr. 7, 2026, 07:55 PM
John Elias and Peter Krall of Allied Solutions returned for another special sponsored episode of the Auto Remarketing Podcast. Elias and Krall recapped some of the most notable developments in auto finance from the first quarter of 2026. The Allied ... Listen Here
SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here

Competition forces Nicholas Financial to make cuts

businessman charts
Friday, Nov. 11, 2016, 03:38 PM
Nick Zulovich, Senior Editor
Nicholas Financial top management explained intense competition for subprime paper triggered not only modifications of its infrastructure and human capital, but also how many contracts the finance company booked during the second quarter of its current fiscal year. The company ... [Read More]

Matrix Warranty Solutions now part of F&I Express network

buying car with phone
Friday, Nov. 11, 2016, 03:36 PM
SubPrime Auto Finance News Staff
Officials announced this week that Matrix Warranty Solutions is now a part of the F&I Express network of more than 130 aftermarket service providers. Matrix Warranty Solutions highlighted that its programs are backed by a contractual liability insurance policy issued ... [Read More]

Current amount of subprime paper is ‘probably a good thing’

subprime clouds
Thursday, Nov. 10, 2016, 03:36 PM
Nick Zulovich, Senior Editor
With subprime paper representing only about 16 percent of the total outstanding auto finance balance figure TransUnion reported for the third quarter, the bureau’s top industry analyst indicated that’s not too much lower-end paper currently in portfolios. “Overall, it’s probably ... [Read More]

Finance industry reaction to Trump victory

voting stock photo
Wednesday, Nov. 9, 2016, 05:21 PM
Nick Zulovich, Senior Editor
The historic result of Tuesday’s presidential election created rippling reactions throughout the financial services community, with many organization leaders looking forward to working with President-elect Donald Trump and a Republican-led Congress. “I would say that just like the rest of the ... [Read More]

DealerVault claims 13 of top 25 dealer groups leverage its data platform

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Wednesday, Nov. 9, 2016, 05:19 PM
SubPrime Auto Finance News Staff
According to DealerVault, its objective is to protect the “dealership data goldmine.” It’s all of the customer data that might have arrived through website leads, the F&I office or the service drive. With some industry analysts’ expectations of customer data ... [Read More]

Credit Acceptance Q4 origination volume off to soft start

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Tuesday, Nov. 8, 2016, 03:46 PM
Nick Zulovich, Senior Editor
While still making healthy gains in consolidated net income, Credit Acceptance chief executive officer Brett Roberts pointed to data the subprime finance company shared as part of its third-quarter financial statement to explain how competitive the market is to grow ... [Read More]

8 judges picked for F&I Innovator of the Year Competition

blueribbon
Monday, Nov. 7, 2016, 05:11 PM
SubPrime Auto Finance News Staff
EFG Companies, together with Northwood University, recently announced the judging panel in the 2016 F&I Innovator of the Year competition. Representing all automotive brands spanning across the country, the eight-member blue-ribbon judging panel brings extensive experience and expertise in understanding ... [Read More]

Average balances hit highest point in 7 years

arrow up money
Monday, Nov. 7, 2016, 05:08 PM
SubPrime Auto Finance News Staff
According to TransUnion’s Q3 2016 Industry Insights Report powered by Prama analytics, total auto financing balances grew by 9 percent year-over-year during the third quarter. TransUnion pegged the total balance reading at $1.1 trillion, up from $1.01 trillion in Q3 ... [Read More]

Auto ABS losses climb for 3rd straight month

money 3
Friday, Nov. 4, 2016, 03:49 PM
SubPrime Auto Finance News Staff
With one subprime metric jumping to the second-highest point in 15 years, the latest monthly auto loan ABS index from Fitch Ratings released this week showed that losses for U.S. auto ABS continue their steady climb. As a result, analysts noticed ... [Read More]

DRN participating in free webinar to make repossessions more efficient

more training
Friday, Nov. 4, 2016, 03:47 PM
SubPrime Auto Finance News Staff
SubPrime Forum presenting sponsor Digital Recognition Network (DRN) is participating in a free webinar to help finance companies and repossession agents to be more efficient and save precious time — and money — by better using their historical license plate ... [Read More]

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