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SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
Tuesday, Nov. 4, 2025, 09:15 PM
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here

Cloudy consumer picture could impact auto financing

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Friday, Jul. 31, 2015, 02:41 PM
Nick Zulovich, Editor
The Federal Reserve of New York reported an uptick in consumers who expect to apply for vehicle financing during the next 12 months, but two economists, including Cox Automotive’s Tom Webb, discussed the potential headwinds that might arrive within the ... [Read More]

Non-prime finance company specializing in Latino market gains $75M facility

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Friday, Jul. 31, 2015, 02:39 PM
SubPrime Auto Finance News Staff
On Thursday, CrediautoUSA Financial Co. announced the completion of a capital facility that provides for up to $75 million to facilitate the acquisition by Crediauto of non-prime automobile financing contracts. Crediauto is a finance company that provides solutions to franchised ... [Read More]

Measure to rescind CFPB guidance moves beyond House committee

capitol hill for spn story
Wednesday, Jul. 29, 2015, 08:52 PM
SubPrime Auto Finance News Staff
In a development cheered by the National Automobile Dealers Association, a proposal to modify how the Consumer Financial Protection Bureau oversees indirect auto financing took one step forward on Wednesday, moving beyond the House Financial Services Committee now to be ... [Read More]

Total outstanding auto balances top $1 trillion

sales increase
Wednesday, Jul. 29, 2015, 03:55 PM
Nick Zulovich, Editor
Equifax deputy chief economist Dennis Carlson used imagery of the plumbing that might be in your home to describe the industry surpassing $1 trillion in outstanding auto loan balances in June. The credit bureau’s data showed total outstanding balances on ... [Read More]

Vero creates new provider after acquiring Fidelis PPM

businessman hands about to shake
Wednesday, Jul. 29, 2015, 03:53 PM
SubPrime Auto Finance News Staff
Vero Products — a provider of in vehicle after-market solutions and services and a division of CU Direct — acquired Fidelis PPM this week to form a new company focused on pre-paid maintenance (PPM). As a result of the acquisition, ... [Read More]

Study shows how unaware consumers are of interest rate impact

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Wednesday, Jul. 29, 2015, 03:50 PM
SubPrime Auto Finance News Staff
According to a national survey commissioned by Carvana, consumers still are uninformed about the total costs associated with the interest rate connected to their vehicle installment contract. Carvana — a completely online vehicle retailer backed by DriveTime and launched two ... [Read More]

CFPB denies NADA request for leaked memo

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Tuesday, Jul. 28, 2015, 03:25 PM
SubPrime Auto Finance News Staff
On Monday, the Consumer Financial Protection Bureau blocked access to information the National Automobile Dealers Association sought. NADA officials said the CFPB rejected a Freedom of Information Act (FOIA) request to release a memorandum that they believe can show the bureau ... [Read More]

2 elements that help dealers in non-prime financing

buying car 11
Monday, Jul. 27, 2015, 04:20 PM
Nick Zulovich, Editor
Michael Buckingham, senior director of the auto finance practice at J.D. Power, acknowledged dealers and finance companies already know that trying to get a new-vehicle contract completed for a customers with a soft credit profile can be “tricky.” So when ... [Read More]

Appeals court overturns previous decision questioning CFPB constitutionality

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Monday, Jul. 27, 2015, 04:16 PM
SubPrime Auto Finance News Staff
If members of Congress wanted more ammunition for a crusade to eliminate the Consumer Financial Protection Bureau, perhaps a three-judge panel on the District of Columbia Circuit of the U.S. Court of Appeals provided just the thing. An opinion released ... [Read More]

Auto loan defaults sink to new low in June

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Friday, Jul. 24, 2015, 03:52 PM
SubPrime Auto Finance News Staff
June’s auto loan metrics bucked the trends seen in other credit markets to register a new historical low, according to the latest S&P/Experian Consumer Credit Default Indices. Analysts from S&P Dow Jones Indices and Experian noticed the auto loan default ... [Read More]
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