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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

TFS promotes Groff to expanded captive role

mike groff for SPN
Friday, Jul. 10, 2015, 03:01 PM
SubPrime Auto Finance News Staff
In moves that became effective July 1, Toyota Financial Services announced on Thursday that Mike Groff, president and chief executive officer of TFS USA, was appointed to be CEO of the Toyota Financial Services Americas Region.  The captive indicated Groff ... [Read More]

CFPB reveals guidelines for faster payment networks

money 2
Thursday, Jul. 9, 2015, 06:30 PM
SubPrime Auto Finance News Staff
A wide array of service providers now operate to help finance companies keep payments coming into their coffers along with ways so customers can stay current on their vehicle installment contracts, especially individuals who might fall into the growing underbanked ... [Read More]

Ally adds 3 account and credit info features for auto customers

money car
Wednesday, Jul. 8, 2015, 06:42 PM
SubPrime Auto Finance News Staff
With federal regulators asking finance companies to provide consumers with more resources to manage their vehicle installment contracts and more, Ally Financial added three enhancements to its offering. At the National Association of Minority Automotive Dealers (NAMAD) annual convention on ... [Read More]

6 ‘knockout factors’ to find great employees

handshake in front of company
Wednesday, Jul. 8, 2015, 02:26 PM
Don Jasensky, Automotive Personnel
We have learned the value of establishing “knockout factors” at the beginning of every search.  These are factors that are so important that, no matter how qualified a candidate may otherwise be, they will be “knocked out of contention” if ... [Read More]

Metrolina Credit elevates branch manager to field supervisory post

movin' on up
Wednesday, Jul. 8, 2015, 02:23 PM
SubPrime Auto Finance News Staff
Metrolina Credit Co. recently established its first field supervisory position to help support the continued success and growth of its branch network throughout North and South Carolina.  To fill this position, Metrolina Credit promoted Stan Joyce to regional manager. Joyce ... [Read More]

6 components of Santander’s latest enforcement action from Federal Reserve

meeting room
Tuesday, Jul. 7, 2015, 06:08 PM
SubPrime Auto Finance News Staff
Within a seven-day span that included the co-founder and chief executive officer resigning and the chief financial officer being promoted to take his place, Santander Consumer USA’s parent company reached an enforcement action agreement with the Federal Reserve Bank of ... [Read More]

SCUSA maintains strategy now with Kulas as CEO

Jason Kulas at AFSA for SPN
Monday, Jul. 6, 2015, 04:13 PM
Nick Zulovich, Editor
Just before the Fourth of July holiday began, Santander Consumer USA Holdings made a series of leadership changes, including the appointment of Jason Kulas as chief executive officer to succeed Thomas Dundon, the finance company’s founder who will continue to ... [Read More]

2 Las Vegas dealers settle FTC complaints

gavel and money
Monday, Jul. 6, 2015, 04:06 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission recently reported two franchised dealers in Las Vegas agreed to settle charges that they used deceptive ads to promote the sale or leasing of their vehicles, including advertising heavily discounted prices that were not generally available ... [Read More]

4 features of GWC Warranty iPad app

GWC iPad App_screenshot_2 for SPN
Monday, Jul. 6, 2015, 04:04 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of vehicle service contracts and related finance and insurance products sold through dealers, recently unveiled the new GWC Warranty Dealer App for iPads that’s now available in the Apple App Store. The company highlighted the GWC ... [Read More]

3 captives reportedly capping markup at 100 bps

money 3
Thursday, Jul. 2, 2015, 04:31 PM
Nick Zulovich, Editor
How much F&I income dealerships can generate might have sustained another impediment stemming from a published report that surfaced this week. SubPrime Auto Finance News connected with Ben Saul, who is a partner in Goodwin Procter’s consumer financial services litigation ... [Read More]
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