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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

Ohio Finance Manager Aces AFIP Certification Exam

Awards Cover
Monday, May. 19, 2014, 04:41 AM
SubPrime Auto Finance News Staff
A finance manager at an Ohio franchised dealership set the examination bar quite high as a part of the inaugural boot camp recently orchestrated by the Association of Finance & Insurance Professionals. Ray Miller, finance manager at Joyce Buick GMC ... [Read More]

Credit Acceptance Announces Tender Offer

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Monday, May. 19, 2014, 04:38 AM
SubPrime Auto Finance News Staff
Credit Acceptance Corp. commenced a tender offer to purchase up to 915,750 shares of its outstanding common stock. The company pegged the price per share at $125.58 “We anticipate that we will obtain all of the funds necessary to purchase ... [Read More]

CFPB Highlights Truth in Lending Rule in Simpler Format

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Monday, May. 19, 2014, 04:36 AM
SubPrime Auto Finance News Staff
Last week, the Consumer Financial Protection Bureau rolled out what the agency described as an updated and improved version of its eRegulations tool, including a new, electronic, user-friendly version of the Truth in Lending Rule — the flagship federal regulation ... [Read More]

New EFG Product Doubles Benefits of OEM’s Powertrain Warranty

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Friday, May. 16, 2014, 02:36 PM
SubPrime Auto Finance News Staff
EFG Companies this week launched Power x2, a powertrain protection vehicle service contract that can double the benefit of the manufacturer’s powertrain warranty. Officials highlighted the new contract can deliver a vital dealer tool, proven by independent research, indicating that ... [Read More]

Metrolina Credit Names New Controller

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Friday, May. 16, 2014, 02:34 PM
SubPrime Auto Finance News Staff
Another former Nicholas Financial executive joined the management team at Metrolina Credit Co., a specialty finance operation offering indirect auto financing solutions in the subprime credit space as well as consumer and personal loans direct to the public.  Coming on ... [Read More]

Flagship Credit Acceptance Completes Securitization, Expands Out West

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Friday, May. 16, 2014, 02:32 PM
SubPrime Auto Finance News Staff
Indirect auto finance company Flagship Credit Acceptance recently completed an asset-backed securitization of $222 million of notes issued in four tranches and assigned ratings by Standard & Poor’s Ratings Services and Kroll Bond Rating Agency. The development marked the company’s ... [Read More]

FSOC Transparency Questioned by House Member

Scott Garrett talking for SPN
Friday, May. 16, 2014, 02:30 PM
SubPrime Auto Finance News Staff
Along with a perceived lack of transparency at the Consumer Financial Protection Bureau, rumblings about how many closed-door sessions are conducted by another regulatory body established by the Dodd-Frank Act now are percolating on Capitol Hill. Rep. Scott Garrett, member ... [Read More]

Black Book: Profit Growth Possible Even As Supply Rises

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Wednesday, May. 14, 2014, 04:06 PM
SubPrime Auto Finance News Staff
Despite growing supply challenges, the newest white paper from Black Book Lender Solutions highlighted how profitable portfolio growth opportunities remain in place for auto lenders. The white paper titled, “Finding Portfolio Growth Amidst Changing Supply Levels,” also reinforced three other ... [Read More]

Hudson Cook Partner Wins Lifetime Achievement Award

Anne Fortney Pic for SPN
Wednesday, May. 14, 2014, 04:02 PM
SubPrime Auto Finance News Staff
The American College of Consumer Financial Services Lawyers recently recognized Hudson Cook partner Anne Fortney with the prestigious Sen. William Proxmire Lifetime Achievement Award. The award is given periodically to a person who has made significant contributions in the field ... [Read More]

Pelican Auto Finance’s Plan to be a Top Subprime Player

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Wednesday, May. 14, 2014, 04:00 PM
Nick Zulovich, Editor
Pelican Auto Finance is using what executives describe as a “crawl-walk-run approach” to growth in the deep subprime auto financing world. And they want to start running to the point where the company’s portfolio ranks among the top five institutions ... [Read More]
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