Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
The Spark Between EVs & CPO
Thursday, Jul. 16, 2026, 02:46 PM
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Tuesday, Jun. 30, 2026, 10:53 AM
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Monday, Jun. 29, 2026, 03:44 PM
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... 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

shutterstock_103378880
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

graph concept 2
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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X