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Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance
Friday, Oct. 3, 2025, 02:33 PM
Andy Mayers sees opportunity in subprime and other parts of auto finance. The associate vice president of business operations for retail solutions with Cox Automotive explained his reasons during this episode of the Auto Remarketing Podcast. Mayers also mentioned another ... Listen Here
The Future of EVs & More From the OEM Lens
Tuesday, Sep. 30, 2025, 07:38 PM
Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here
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

Ally Pleased to be Dealer-Centric Service Provider

dealer principal
Friday, Jun. 13, 2014, 03:47 PM
Nick Zulovich, Editor
Ally Financial chief executive officer Michael Carpenter likes the position the company currently has in terms of where its business development originates. Rather than strictly being a captive servant to an automaker, Carpenter prefers the current situation where Ally can ... [Read More]

House Committee Passes Repeal of CFPB Guidance

Rep
Thursday, Jun. 12, 2014, 06:23 PM
SubPrime Auto Finance News Staff
The bulletin connected with indirect auto financing issued by the Consumer Financial Protection Bureau last March could be receiving a significant makeover if a measure working its way through the U.S. House continues to move forward. In what the National ... [Read More]

MotoLease Selects EFG Companies to Reach Subprime Motorcycle Buyers

motorcycles for SPN
Wednesday, Jun. 11, 2014, 04:37 PM
SubPrime Auto Finance News Staff
EFG Companies announced on Tuesday it has been selected as the premier product provider by MotoLease, a financial services company that offers unique consumer leasing programs through MotoLease authorized dealers. The company designs solutions exclusively for the motorcycle and powersports ... [Read More]

Ally Chief Compliance Officer Receives ABA Distinguished Service Award

Award
Wednesday, Jun. 11, 2014, 04:32 PM
SubPrime Auto Finance News Staff
Ally Financial chief compliance officer Daniel Soto received the 2014 ABA Distinguished Service Award which recognizes leadership, initiative and accomplishment in banking regulatory compliance management. The award, established in 1995, was presented at the American Bankers Association’s 28th annual Regulatory ... [Read More]

Veros Credit Confirms Nationwide Expansion Plan

news
Wednesday, Jun. 11, 2014, 04:28 PM
SubPrime Auto Finance News Staff
Veros Credit is ready to make an expansion move beyond servicing the needs of the subprime auto financing industry in the western half of the United States as the company has done for the past 17 years. The company explained ... [Read More]

Cordray Highlights CFPB Work During Senate Hearing

Cordray at Senate on June 10
Wednesday, Jun. 11, 2014, 04:24 PM
SubPrime Auto Finance News Staff
How the Consumer Financial Protection Bureau conducts its supervisory business was in the spotlight again on Tuesday during regular hearings conducted by both the U.S. Senate Banking Committee as well as the U.S. House Financial Services Committee. In the Senate, ... [Read More]

Fitch Finds Auto ABS Strong Going Into Summer

money 4
Monday, Jun. 9, 2014, 03:25 PM
SubPrime Auto Finance News Staff
Fitch Ratings determined delinquencies on prime U.S. auto loan ABS reached another record low in April, with the subprime sector posting a strong improvement, too. Analysts indicated the movements mean that asset performance is positioned for a strong summer. According ... [Read More]

7 Organizations Support Disparate Impact Amendment

capitol hill for spn story
Monday, Jun. 9, 2014, 03:22 PM
SubPrime Auto Finance News Staff
Disparate impact theory is difficult even for the most seasoned legal experts to explain, so the American Financial Services Association is seeking to make sure the use of this tactic is prudent. AFSA and several financial services trade associations recently ... [Read More]

National Auto Care Appoints New Regional Account Development Manager

news
Friday, Jun. 6, 2014, 03:49 PM
SubPrime Auto Finance News Staff
National Auto Care Corp., a leading administrator of vehicle service contract and ancillary products and programs including CarMark Certified, announced the appointment of a new regional account development manager who has more than a dozen years of F&I industry experience. ... [Read More]

US Civil Rights Commissioner Seeks CFPB Documents

Peter Kirsanow larger pic
Friday, Jun. 6, 2014, 03:44 PM
SubPrime Auto Finance News Staff
The lone Republican member of the U.S. Commission on Civil Rights wants answers as to whether there is discrimination going on within the Consumer Financial Protection Bureau. Earlier this week, commissioner Peter Kirsanow sent a written request to the CFPB’s ... [Read More]
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