Edmunds: Used-car buyers committing to $1,000 monthly payments at new record

Thursday, Oct. 2, 2025, 10:07 AM

Arra Finance moves into next stage of business growth with new credit from Goldman Sachs

Friday, Oct. 3, 2025, 10:50 AM

PODCAST: Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance

Friday, Oct. 3, 2025, 10:52 AM

Latest Stories

4 components of Protective Asset Protection’s revamped appearance coverage

Cornerstone Advisors research on what subprime & near-prime consumers want from banks & credit unions

F&I Sentinel hires chief product and technology officer

Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance

Friday, Oct. 3, 2025, 02:33 PM

Andy Mayers sees opportunity in subprime and other parts of auto finance. The associate vice president of business operations for retail solutions with Cox Automotive explained his reasons during this episode of the Auto Remarketing Podcast. Mayers also mentioned another ... Listen Here

The Future of EVs & More From the OEM Lens

Tuesday, Sep. 30, 2025, 07:38 PM

Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here

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

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]

22 vehicles that might work better for longer-term contracts

Wednesday, Dec. 16, 2015, 05:04 PM

SubPrime Auto Finance News Staff

With contract terms continuing to lengthen, perhaps this year’s contingent of Best Resale Value Awards from Kelley Blue Book might provide finance companies with vehicles to enhance underwriting and origination decisions. The 2016 model-year brand and category winners of the ... [Read More]

Wolters Kluwer Financial Services adds F&I Express eContracting to AppOne

Wednesday, Dec. 16, 2015, 05:01 PM

SubPrime Auto Finance News Staff

Wolters Kluwer Financial Services teamed with F&I Express this week to integrate F&I Express eContracting with its AppOne indirect loan origination platform. Officials highlighted the joint solution is designed to create a comprehensive auto finance platform for dealers to originate ... [Read More]