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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

10 components of upcoming Chernek F&I workshop

training
Wednesday, Dec. 9, 2015, 04:22 PM
SubPrime Auto Finance News Staff
F&I training specialist Rebecca Chernek is hosting a comprehensive, three-day educational workshop in an attempt to help dealerships and their managers to get into position for their most successful year yet. Among the 10 workshop highlights Chernek plans to cover ... [Read More]

Top 20 grossing vehicles in subprime deals

money car
Monday, Dec. 7, 2015, 04:42 PM
SubPrime Auto Finance News Staff
Equifax highlighted the total amount of subprime auto loans originated through August and connected to consumers with an Equifax Risk Score below 620 totaled $75.8 billion, representing a 12.6-percent increase year-over-year. In an effort to help dealerships and finance companies ... [Read More]

SCUSA taps BNY Mellon EVP to be CFO

new job button
Monday, Dec. 7, 2015, 04:38 PM
SubPrime Auto Finance News Staff
Santander Consumer USA appointed a new chief financial officer on Monday; an executive who will take on the role starting Dec. 16. Replacing interim CFO Jennifer Davis, who will continue to serve as deputy chief financial officer is Ismail “Izzy” Dawood. ... [Read More]

eLEND Solutions joins DealerVault’s Premier Network, appoints chief sales officer

integration
Monday, Dec. 7, 2015, 04:37 PM
SubPrime Auto Finance News Staff
Along with tapping an executive to fill the newly created role of chief sales officer, eLEND Solutions — a technology company delivering integrated credit, identification and finance solutions to dealers — recently announced the provider joined DealerVault’s Premier Network. DealerVault ... [Read More]

Is industry ‘numb’ after CFPB’s latest multi-million fine?

online auction gavel on keyboard
Friday, Dec. 4, 2015, 04:23 PM
Nick Zulovich, Editor
Steve Levine used both social media and an email message to SubPrime Auto Finance News to convey thought-provoking reaction to Thursday afternoon’s announcement from the Consumer Financial Protection Bureau. Levine wondered via Twitter if the industry as a whole is ... [Read More]

Executive changes at Ford Motor Credit, VW Credit & Huntington

board of directors table
Friday, Dec. 4, 2015, 04:10 PM
SubPrime Auto Finance News Staff
Two captive finance companies and a commercial bank all made changes to their top executive teams this week. Beginning with Ford Motor Credit, the Blue Oval’s captive named Joy Falotico as chief operating officer. The OEM also elected Falotico as ... [Read More]

Reynolds adds F&I library for Texas dealers

shutterstock_155013140
Friday, Dec. 4, 2015, 04:06 PM
SubPrime Auto Finance News Staff
Reynolds and Reynolds now has more resources for dealerships in the Lone Star State. The week, the company announced that Reynolds Document Services released the Reynolds LAW Texas F&I Library. The library is a comprehensive catalog of standardized, legally reviewed ... [Read More]

Autoscribe collects 2 more honors during Best in Biz Awards

silver award
Friday, Dec. 4, 2015, 03:47 PM
SubPrime Auto Finance News Staff
Autoscribe Corp., provider of PaymentVision and Lyons Commercial Data, has been named a silver winner in the Best in Biz Awards, an independent business awards program judged by members of the press and industry analysts. Autoscribe — also a recent ... [Read More]

CFPB hands Clarity $8M penalty

credit report
Thursday, Dec. 3, 2015, 06:44 PM
Nick Zulovich, Editor
The Consumer Financial Protection Bureau is now wielding its enforcement action and penalty powers in the alternative data space. On Thursday afternoon, the CFPB took action against a nationwide credit reporting company, Clarity Services, and its owner, Tim Ranney, for ... [Read More]

Subprime originators gain more market share in Q3

subprime clouds
Wednesday, Dec. 2, 2015, 04:22 PM
SubPrime Auto Finance News Staff
As captive activity also registered gains, Experian Automotive highlighted on Wednesday that what it classifies as finance companies — institutions that don’t hold customer deposits but get most of their business from consumers with subprime and deep-subprime credit — gained a ... [Read More]
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