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Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

CFPB acknowledges key point in TMCC settlement

gavel and documents
Wednesday, Feb. 3, 2016, 05:11 PM
Nick Zulovich, Editor
Both the Department of Justice and the Consumer Financial Protection Bureau sent out press releases on Tuesday afternoon reporting the settlement the agencies made to resolve allegations that Toyota Motor Credit engaged in a pattern or practice of discrimination against African-American ... [Read More]

Elements in place to keep terms long

sales agreement 3
Wednesday, Feb. 3, 2016, 05:06 PM
Nick Zulovich, Editor
Kelley Blue Book estimated the average transaction price (ATP) for new vehicles in the United States climbed to $34,112 in January, representing an increase of $919 or 2.8 percent year-over-year. To keep that metal moving out of dealership inventory and ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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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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3 benefits of Scan123, Auto/Mate integration

hands typing on keyboard
Wednesday, Feb. 3, 2016, 05:04 PM
SubPrime Auto Finance News Staff
This week, Scan123 announced the integration of its electronic document management system with Auto/Mate Dealership Systems. Officials said the integration can help dealers transition to a paperless environment, streamline workflow and help them to comply with federal law. “Integrating our system ... [Read More]

Toyota’s captive faces markup cap, $21.9M in restitution

shutterstock_325846244
Tuesday, Feb. 2, 2016, 09:06 PM
Nick Zulovich, Editor
Some components of Toyota Motor Credit’s settlement with the Department of Justice and the Consumer Financial Protection Bureau released on Tuesday are similar to what the regulators reached with American Honda Finance last summer. The Justice Department and the CFPB ... [Read More]

Nominations sought for The CEO Issue

SubPrime_CEOIssue-01
Tuesday, Feb. 2, 2016, 03:01 PM
SubPrime Auto Finance News Staff
Chief executive officers flourishing in the subprime auto finance space juggle a host of responsibilities. They develop sensible strategies and lead teams to execute those plans, all the while remaining competitive and compliant with growing regulatory burdens. In an effort ... [Read More]

SCUSA aware of softening market share

earnings report
Monday, Feb. 1, 2016, 05:01 PM
Nick Zulovich, Editor
Santander Consumer USA highlighted that its auto financing originations moved higher both during the fourth quarter and for the full year. However, the finance company that also serves as the captive for Fiat Chrysler Automobiles acknowledged it lost market share. And ... [Read More]

Total complaints to CFPB near 800K

complaint pic
Monday, Feb. 1, 2016, 04:53 PM
SubPrime Auto Finance News Staff
Along with offering extra information about complaints from New York state and the New York City metro area, the Consumer Financial Protection Bureau updated the figure for its overall complaint total as of the close of 2015. As of Jan. ... [Read More]

NY brings more charges on dealers over F&I activity

koeppel nissan for SPN
Friday, Jan. 29, 2016, 04:36 PM
SubPrime Auto Finance News Staff
The attorney general in the Empire State found reason to bring more allegations against franchised dealership accused of illegal selling products and services through the F&I department. New York attorney general Eric Schneiderman this week announced a lawsuit against several ... [Read More]

CPS completes first securitization of year, totaling $329.5M

money 1
Friday, Jan. 29, 2016, 04:32 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services finalized the closing of its first term securitization in 2016 this week.  The transaction is CPS’ 19th senior subordinate securitization since the beginning of 2011 and the second consecutive securitization to receive a triple A rating on ... [Read More]

GrooveCar forms partnerships with 5 credit unions

shutterstock_215574814
Friday, Jan. 29, 2016, 04:18 PM
SubPrime Auto Finance News Staff
GrooveCar, an online vehicle buying resource for credit unions, highlighted this week that five new partners joined the program. The credit unions now leveraging the platform include: — Telco Plus of Longview, Texas — Picatinny Federal Credit Union of Dover, ... [Read More]

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