Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

GWC Warranty Partners with NIADA

handshake
SubPrime Auto Finance News Staff
GWC Warranty announced  that it has aligned with the National Independent Automobile Dealers Association as a bronze-level national corporate partner. “GWC has exemplified its commitment to being an innovation leader in ensuring independent auto dealers are relevant, profitable, compliant and ... [Read More]

5th Straight Year of Bankruptcy Declines

shutterstock_143336302
SubPrime Auto Finance News Staff
Total bankruptcy filings were down 12 percent in 2014, making it five straight years of decreases, and commercial filings showed a particularly steep slowdown. That’s according to Epic Systems, Inc. data cited by ABI this week. And here’s the kicker: for ... [Read More]

AFC Promotes Keadle to Senior VP of Operations

hands shaking 1
SubPrime Auto Finance News Staff
Automotive Finance Corp. promoted Joe Keadle to senior vice president of operations on Wednesday. The business unit of KAR Auction Services indicated Keadle will report directly to John Hammer, AFC chief executive officer and president. In his new role, Keadle ... [Read More]

defi SOLUTIONS Integrates with Dealertrack’s eDocs

integration button
SubPrime Auto Finance News Staff
Officials from defi SOLUTIONS announced this week that their Loan Origination System (LOS) is now integrated with Dealertrack Technologies’ eDocs Solution. Dealertrack recapped that its eDocs Solution is a comprehensive tool for scanning, processing, imaging, data entry, verification and automatic ... [Read More]

GO Financial Finalizes Sale of Additional Interest to Manheim

money 4
SubPrime Auto Finance News Staff
GO Financial executives announced on Wednesday that they completed the sale of an additional equity interest in the subprime auto finance company to Manheim through a deal that was effective at the close of this past year. Last April, the ... [Read More]

Subprime Approvals Could Jump Nearly 13% in 2015

graph concept 3
Nick Zulovich, Editor
CNW Research is upbeat about how much subprime paper is going to flow into finance company portfolios this year. In a special projection report released on Tuesday, CNW is expecting subprime approvals to improve in 2015, but not quite to ... [Read More]

SAFCo Appoints Former Exeter Exec to Monitor Risk

new hire
SubPrime Auto Finance News Staff
Southern Auto Finance Co. (SAFCo) hired a former Exeter Finance Corp. executive to be its new senior vice president of risk management and credit policy. Tapped for this role was Karyn Lentz, who was most recently the executive vice president ... [Read More]

NIADA Selects EFG Companies as National F&I Corporate Partner

hand shaking 2
SubPrime Auto Finance News Staff
The National Independent Automobile Dealers Association and EFG Companies recently created a new strategic partnership to drive greater F&I profit opportunities for independent dealerships nationwide. NIADA tapped EFG as a national corporate partner so association members can leverage the company ... [Read More]

4 Parts of Illinois Tax Law Change to Boost Leasing

Chicago skyline
SubPrime Auto Finance News Staff
In what the Chicago Automobile Trade Association is calling a rare triple winner — good for consumers, good for business, and good for government — the Windy City’s dealer organization highlighted four components of Illinois’ revamped state tax program associated ... [Read More]

Impact Transaction Prices Might Leave on Financing

money car
Nick Zulovich, Editor
Perhaps a factor helping to push outstanding auto loan balances toward the $1 trillion threshold is if the transaction price activity spotted by Kelley Blue Book analysts maintains the current rate. KBB reported on Monday that the estimated average transaction ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X