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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

NADA’s 2nd FOIA request rejected by CFPB

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Monday, Nov. 9, 2015, 04:47 PM
SubPrime Auto Finance News Staff
For the second time in four months, the National Automobile Dealers Association has stated the Consumer Financial Protection Bureau squashed efforts to make public a number of leaked agency documents that NADA contends might undermine many of the agency’s long-running ... [Read More]

2 more companies join F&I Express network

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Monday, Nov. 9, 2015, 04:45 PM
SubPrime Auto Finance News Staff
F&I Express announced two more companies joined its aftermarket product network. The newest additions to the network of nearly 100 product providers in an online portal accessible by dealers are Florida-based United States Warranty Corp., and Dent Wizard, a provider ... [Read More]

AFC loan transactions now above 1 million for year

earnings report
Friday, Nov. 6, 2015, 04:28 PM
Joe Overby, Staff Writer
The AFC unit of KAR Auction Services enjoyed a solid third quarter, with volumes climbing 13 percent and profitability remaining strong. According to the parent company’s quarterly earnings information, AFC had 405,116 loan transactions in Q3, up from 358,800 in ... [Read More]

F&I Innovator of the Year judging panel announced

financing
Friday, Nov. 6, 2015, 04:05 PM
SubPrime Auto Finance News Staff
EFG Companies, partnered with Northwood University, this week announced the judging panel for the first annual F&I Innovator of the Year Award competition. According to EFG, the eight-member panel collectively touts over 100 years of F&I experience at auto dealerships ... [Read More]

$968 billion in open auto loans

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Wednesday, Nov. 4, 2015, 04:29 PM
Joe Overby, Staff Writer
Outstanding car loans hit a high point in the third quarter and have climbed more than 53 percent in the last five years, which appear to be good signs for the industry. As does the increase in car sales that ... [Read More]

FactorTrust lands $42M from 2 investment firms

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Tuesday, Nov. 3, 2015, 03:23 PM
SubPrime Auto Finance News Staff
Alternative credit data provider FactorTrust on Tuesday closed on a $42 million investment led by ABS Capital Partners, a late-stage growth company investor, and MissionOG, an early to growth stage investor. With the investment, FactorTrust insisted the company will accelerate ... [Read More]

5-point checklist for credit unions entering subprime

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Monday, Nov. 2, 2015, 04:40 PM
SubPrime Auto Finance News Staff
CUNA Mutual Group recently told attendees during the sixth annual Discovery Conference about the five primary elements credit unions must address if they plan to originate more vehicle installment contracts with subprime borrowers. CUNA Mutual Group director of loan growth ... [Read More]

Ally on disciplined path to $40B in originations this year

sales increase
Monday, Nov. 2, 2015, 04:36 PM
Nick Zulovich, Editor
Without necessarily having to be too aggressive with underwriting to consumers lower down the credit spectrum, Ally Financial emphasized that it remains on track to reach its goal for originations this year despite the headwinds of not collecting as much ... [Read More]

New solution aims to complete delivery within Web-connected vehicle

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Monday, Nov. 2, 2015, 04:30 PM
SubPrime Auto Finance News Staff
DocuSign and Visa recently showcased a new proof-of-concept that is geared to bring together secure contracts and payments made online via connected vehicles. The DocuSign demo highlights how consumers can drive a vehicle off the lot in a matter of ... [Read More]

GM Financial maintains subprime presence

subprime clouds
Friday, Oct. 30, 2015, 03:35 PM
Nick Zulovich, Editor
General Motors Financial president and chief executive officer Dan Berce took multiple opportunities after the finance company reported its third-quarter performance to state that despite being elevated to be the captive for the parent OEM, the company remains a significant ... [Read More]
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