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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

Ally appoints Cary to board as Feinberg departs

boardroom chairs at table
Wednesday, Jun. 29, 2016, 02:08 PM
Lance Dagenhardt, Correspondent
Ally Financial has added a former General Electric executive to its own board of directors. The company announced this week that William “Bill” Cary has been appointed to the Ally board of directors, filling the role left by Cerberus Capital ... [Read More]

Dealers still see subprime availability as big players adjust

sales agreement 3
Monday, Jun. 27, 2016, 03:50 PM
Nick Zulovich, Senior Editor
The size of the U.S. subprime population is getting smaller — at least that’s what FICO says. And large finance companies such as General Motors Financial again acknowledged that the segment of its portfolio composed of subprime paper will continue to ... [Read More]

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Best Practices, Ideas, and Tools for Business

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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SNAAC named top workplace in Cincinnati again

shutterstock_240441667
Monday, Jun. 27, 2016, 03:44 PM
Lance Dagenhardt, Correspondent
Security National Automotive Acceptance Co. (SNAAC) was recently named a top workplace in the Cincinnati area, due to positive feedback from employees. SNAAC announced that it has been selected as one of Greater Cincinnati’s Top Workplaces for the third time ... [Read More]

Subprime population drops to lowest point in a decade

fed chair janet yellen for SPN
Friday, Jun. 24, 2016, 03:42 PM
Nick Zulovich, Senior Editor
While Federal Reserve chair Janet Yellen made her semiannual visit to Capitol Hill this week and shared her thoughts on how much interest rates might rise, FICO highlighted how the auto finance customer population that often is charged the highest ... [Read More]

EFG Companies taps Roennau as vice president of compliance

business handshake
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

news report stock photo
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

money 3
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

online application
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

another analyst picture
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

buying car 3
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]

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