Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

Fitch Sees Auto ABS in Strong Position

graph concept 4
Wednesday, Apr. 30, 2014, 03:26 PM
SubPrime Auto Finance News Staff
After what analysts classified as a few speed bumps, U.S. auto ABS is primed for a strong spring as seasonal trends kick in, according to the latest monthly index results from Fitch Ratings. Analysts indicated prime and subprime annualized net ... [Read More]

2 CFPB Officials Among Those Subpoenaed by House Committee

capitol-building-picture
Wednesday, Apr. 30, 2014, 03:24 PM
SubPrime Auto Finance News Staff
Lawmakers want answers if discrimination is going on at the Consumer Financial Protection Bureau, and they are leveraging legal tools to get them. The U.S. House Financial Services Oversight and Investigations Subcommittee on Tuesday voted to subpoena two CFPB officials ... [Read More]

CashCall Auto Looks to Expand Portfolio Beyond $6M

graph concept 3
Monday, Apr. 28, 2014, 03:29 PM
SubPrime Auto Finance News Staff
With a new website at its disposal, CashCall Auto is looking to grow its portfolio above the $6 million mark that the company needed only a few months to reach. CashCall Auto vice president of loan servicing Louis Ochoa explained ... [Read More]

USEA Names Regional Account Manager for the Western US

hands shaking 1
Monday, Apr. 28, 2014, 03:23 PM
SubPrime Auto Finance News Staff
US Equity Advantage, a provider of bi-weekly and early loan payoff services to the automotive industry, announced that veteran F&I expert Karena Raino-Nevratakis joined the company as regional account manager for the western United States. The company highlighted Raino-Nevratakis’ primary ... [Read More]

Despite Dip, GM Financial Pleased With Subprime Penetration

money 3
Monday, Apr. 28, 2014, 03:20 PM
Nick Zulovich, Editor
General Motors Financial is not booking as much subprime paper for its parent automaker as it was a year ago, but company leadership isn’t alarmed by the modest decline experienced during the first quarter. The lender’s share of subprime contracts ... [Read More]

Hyundai Capital America Renews Contract with ChannelNet

evaluating car with cell phone
Friday, Apr. 25, 2014, 03:39 PM
SubPrime Auto Finance News Staff
This week, digital acquisition, retention and conquest marketing and sales solutions provider ChannelNet announced the renewal of its three-year contract with Hyundai Capital America. ChannelNet provides the captive finance company with strategic Web solutions to support: —Hyundai and Kia dealers ... [Read More]

April Spending on New Models to be Highest Since 2005

buying car 3
Friday, Apr. 25, 2014, 03:37 PM
SubPrime Auto Finance News Staff
This month’s projected new-vehicle sales activity is likely to push lenders’ portfolio total higher — along with elongated terms connected with those contracts. J.D. Power estimated that consumers will spend $33.5 billion purchasing new vehicles this month, a historic record ... [Read More]

Dodd-Frank Power Triggers Action Against NY Lender

Benjamin Lawsky for SPN story
Friday, Apr. 25, 2014, 03:34 PM
SubPrime Auto Finance News Staff
The Dodd-Frank Act provided the foundation for more regulation of auto financing by federal regulators. Now a state-level agency is leveraging Dodd-Frank to seek orders against a New York-based subprime lender. Benjamin Lawsky, who is New York’s Superintendent of Financial ... [Read More]

GO Financial Finalizes Equity Interest Sale to Manheim

money 1
Thursday, Apr. 24, 2014, 02:57 PM
SubPrime Auto Finance News Staff
Subprime auto finance company GO Financial completed the sale of a substantial equity interest in GO Financial to Manheim today, furthering connecting the dealer-support efforts of GO Financial and NextGear Capital. GO Financial is now majority owned by DriveTime chairman ... [Read More]

defi SOLUTIONS Founder Receives DBJ 40 Under 40 Honor

Award
Wednesday, Apr. 23, 2014, 03:52 PM
SubPrime Auto Finance News Staff
Texas-based defi SOLUTIONS announced chief executive officer and founder Stephanie Alsbrooks was selected as one of the Dallas Business Journal’s 40 Under 40 honorees for 2014. The Dallas Business Journal judges received and reviewed 242 nominations to select this year’s ... [Read More]
X