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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

AFIP Announces Launch of Certification Boot Camps

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Monday, Mar. 10, 2014, 04:28 PM
SubPrime Auto Finance News Staff
In response to dealer demand, the Association of Finance & Insurance Professionals announced the introduction of AFIP Certification Boot Camps, which include two days of accelerated preparation for the federal and state regulation-based AFIP certification exam. The first boot camps ... [Read More]

Free NADA Webinar to Address Federal Advertising Requirements

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Monday, Mar. 10, 2014, 04:24 PM
SubPrime Auto Finance News Staff
With dealer advertising promoting attractive financing options in the crosshairs of the Federal Trade Commission, the National Automobile Dealers Association is hosting a free webinar aimed at helping stores keep their campaigns compliance. NADA officials highlighted the upcoming “Comply with ... [Read More]

Lawmakers Demand CFPB Answer Racial Disparity Questions

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Monday, Mar. 10, 2014, 04:21 PM
SubPrime Auto Finance News Staff
The same methodology utilized by the federal agency to levy enforcement actions against vehicle financing companies might be what could be used against the regulator, as well. A trio of Republican House members gave the Consumer Financial Protection Bureau until ... [Read More]

RouteOne Adds Friendly Finance to Credit Application Platform

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Friday, Mar. 7, 2014, 04:35 PM
SubPrime Auto Finance News Staff
Earlier this week, RouteOne announced that Friendly Finance Corp. is now available as a fully integrated lender on the RouteOne platform. Dealers who have a relationship with Friendly Finance can now process credit applications electronically to Friendly Finance through RouteOne. ... [Read More]

February Bankruptcies Drop 12 Percent

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Friday, Mar. 7, 2014, 04:32 PM
SubPrime Auto Finance News Staff
The American Bankruptcy Institute reported that total bankruptcy filings in the United States decreased 12 percent in February compared to the same month last year. According to data provided by Epiq Systems, bankruptcy filings totaled 72,193 in February, down 82,336 ... [Read More]

SubPrime Auto Finance News Highlights New Website

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Friday, Mar. 7, 2014, 04:30 PM
SubPrime Auto Finance News Staff
Like sister publications within Cherokee Automotive Group, SubPrime Auto Finance News is leveraging a new website into more opportunities to distribute content, enhance branding for advertisers and broaden social media popularity. With the launch of this new website, SubPrime Auto ... [Read More]

TransUnion: Consumer Credit Risk Drops to Lowest Level Since ’05

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Friday, Mar. 7, 2014, 04:21 PM
SubPrime Auto Finance News Staff
Triggered in part by the performance of vehicle financing, TransUnion’s Credit Risk Index — a measure of aggregate credit risk in the nation — dropped at the conclusion of 2013 to its lowest level since 2005. Analysts determined the Credit ... [Read More]

Pollak: Future of Self-Service Financing

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Wednesday, Mar. 5, 2014, 04:24 PM
Dale Pollak, vAuto
I had a fascinating conversation the other day with Pete Radike, director of product management for Fiserv, a Wisconsin-based company that processes and services vehicle leases and loans on behalf of captive and indirect lender partners. I’d called him after ... [Read More]

Fitch: Easier Underwriting Hitting Auto Asset Quality Metrics

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Wednesday, Mar. 5, 2014, 04:22 PM
SubPrime Auto Finance News Staff
Fitch Ratings recently reported that normalizing underwriting terms for U.S. auto loans and leases contributed to a modest deterioration in asset quality metrics during the fourth quarter. Still, firm analysts believe finance companies remain focused on emerging risks tied to ... [Read More]

Questions Arise about Industry’s New Normal

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Wednesday, Mar. 5, 2014, 04:17 PM
Nick Zulovich, Editor
From captive finance companies to one-lot buy-here, pay-here dealers, the entire industry is seeing a shift to a ‘new normal,’ which includes smaller down payments, longer terms and negative equity being rolled into a larger financed amount. While metal is ... [Read More]
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