Implications for auto finance as Fed ‘is in a pickle’

Thursday, Sep. 18, 2025, 10:18 AM

Arra Finance closes acquisition of Crescent Bank’s auto-finance division

Wednesday, Sep. 17, 2025, 11:37 AM

Safe-Guard opens expanded facility in SC

Wednesday, Sep. 17, 2025, 11:34 AM

Latest Stories

COMMENTARY: Tricolor’s failure is an opportunity for dealers

AFSA & ABA seek collaboration to reduce fraud in auto finance & elsewhere

ARA forms new committee focused on agent safety

Chip Perry & Dom Pope of sellmyride

Friday, Sep. 26, 2025, 03:08 PM

Chip Perry, founding president and CEO of Autotrader and former CEO of TrueCar, has a new role: chairman of sellmyride, a startup seeking to help dealers source inventory from private sellers. Perry and sellmyride founder and president Dom Pope join ... Listen Here

A Look Back at Last Two Decades of the Used-Car Industry in Canada

Thursday, Sep. 18, 2025, 02:32 PM

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

SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management

Thursday, Sep. 11, 2025, 04:33 PM

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

Guidance regarding TILA & CLA thresholds for 2016

Monday, Jan. 4, 2016, 04:31 PM

SubPrime Auto Finance News Staff

The Association of Finance & Insurance Professionals offered some clarity in response to the Federal Reserve Board’s recent announcement regarding thresholds for the Truth in Lending Act as well as the Consumer Leasing Act. AFIP executive director David Robertson explained ... [Read More]

GWC Warranty eclipses $375M in claims paid

Monday, Jan. 4, 2016, 04:30 PM

SubPrime Auto Finance News Staff

Just before 2015 closed, used-vehicle service contract and related finance and insurance product provider GWC Warranty announced the company successfully topped $375 million in claims paid to date. In reaction to the achievement, GWC Warranty chief executive officer and president ... [Read More]

GE to sell Hyundai Capital shares to automakers

Wednesday, Dec. 23, 2015, 02:55 PM

SubPrime Auto Finance News Staff

GE is selling a portion of its shares in Hyundai Capital Services to Hyundai Motor Co. and Kia Motors. This move is part of a larger exit plan. GE has partial ownership (43.3 percent) of HCS, which it plans to ... [Read More]

GM Financial to build operations facility in San Antonio

Friday, Dec. 18, 2015, 04:26 PM

SubPrime Auto Finance News Staff

General Motors Financial announced on Thursday that it intends to enter into an agreement with Western Securities Limited to build a financial servicing center in San Antonio, accommodating up to 700 employees, almost all of whom will be new hires. ... [Read More]

RouteOne coming to SCUSA, Chrysler Capital dealers

Friday, Dec. 18, 2015, 04:24 PM

SubPrime Auto Finance News Staff

RouteOne in collaboration with Santander Consumer USA and Chrysler Capital is launching full eContracting capabilities available to all dealers who use either of these two auto financing providers. The solution can provide complete retail and lease contract validation, signature and ... [Read More]

Winner of Northwood’s F&I Innovator of the Year

Friday, Dec. 18, 2015, 04:22 PM

SubPrime Auto Finance News Staff

EFG Companies, together with Northwood University, announced the selection of Team Quantum Integration as the winner of the first annual F&I Innovator of the Year Award competition and recipient of $25,000. Quantum Integration team members applied consumer research, industry and ... [Read More]

6 takeaways from latest Underbanked Index

Thursday, Dec. 17, 2015, 04:08 PM

SubPrime Auto Finance News Staff

FactorTrust released its latest Underbanked Index this week, showing insight into significant shifts in income, employment and default rate trends over a three-year period within this specific group of consumers. The Index, which provides a range of data points including ... [Read More]

Who will absorb potential interest rate rise?

Wednesday, Dec. 16, 2015, 05:11 PM

Nick Zulovich, Editor

With an interest rate increase widely expected to be handed out by the Federal Reserve, a quartet of experts gathered by the American International Automobile Dealers Association for a webinar this week touched on what impact the move might have ... [Read More]

Ally to finance vehicles purchased through Beepi

Wednesday, Dec. 16, 2015, 05:07 PM

SubPrime Auto Finance News Staff

Along with naming a new chief risk officer, Ally Financial on Wednesday announced that it will offer consumer auto financing products for vehicles purchased on Beepi, an online platform launched last year that uses technology to conduct transactions online or ... [Read More]