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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Nebraska Senator Introduces 2 Bills to Reform CFPB

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Wednesday, Apr. 16, 2014, 03:29 PM
SubPrime Auto Finance News Staff
While Republican members of the U.S. House Financial Services Committee have often questioned how the Consumer Financial Protection Bureau goes about its business, now a member of the GOP from the U.S. Senate is looking to reform how the agency ... [Read More]

S&P/Experian: Auto Loan Defaults Sink to New Low

money car
Wednesday, Apr. 16, 2014, 03:25 PM
SubPrime Auto Finance News Staff
Auto loan defaults dropped to a new historic low in March, according to the S&P/Experian Consumer Credit Default Indices. Last month’s data compiled by S&P Dow Jones Indices and Experian showed the auto loan default rate came in at 0.99 ... [Read More]

Dealertrack Technologies Unveils Plans for New Corporate Headquarters

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Monday, Apr. 14, 2014, 03:29 PM
SubPrime Auto Finance News Staff
Last week, Dealertrack Technologies revealed plans to maintain its corporate headquarters on Long Island and has signed a lease to move into a newly constructed corporate office building in the nearby village of North Hills. Officials shared they hope to ... [Read More]

AFIP Adopts Professional Designations

Award
Monday, Apr. 14, 2014, 03:26 PM
SubPrime Auto Finance News Staff
The Association of Finance & Insurance Professionals recently announced the adoption of professional designations to recognize individuals who have earned AFIP certification. AFIP executive director David Robertson explained the designations reflect the association’s three-tiered continuing education curriculum. The titles of ... [Read More]

Fitch to Keep GM’s Rating Stable

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Monday, Apr. 14, 2014, 03:25 PM
SubPrime Auto Finance News Staff
Despite rising turmoil surrounding its handling of recalled vehicles with faulty ignition switching, Fitch Ratings does not expect to change the rating status of asset-backed securities connected to General Motors. Currently, Fitch has GM listed as BB+ with the automaker’s ... [Read More]

AIADA Chair: For Dealers, Disengagement Is Not an Option

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Friday, Apr. 11, 2014, 03:36 PM
Larry Kull, AIADA Chairman
One of the things I love about being a dealer is that no two days are ever the same. Maintaining and growing a business requires constant vigilance and engagement with manufacturers, employees, vendors, and so many others. In the middle ... [Read More]

Treasury Recoups More TARP Funds in Ally IPO

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Friday, Apr. 11, 2014, 03:32 PM
SubPrime Auto Finance News Staff
Ally Financial began trading on the New York Stock Exchange Thursday as the U.S. Department of the Treasury agreed to sell 95 million shares of common stock at a price of $25 per share in a plan to generate $2.375 ... [Read More]

Black Book Spots Varied Vehicle Depreciation Pattern in March

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Friday, Apr. 11, 2014, 02:28 PM
SubPrime Auto Finance News Staff
Black Book highlighted that its latest used-vehicle depreciation data, coupled with this year’s harsh winter, will push certain seasonal sales into April, possibly extending the tax seasons for dealers and finance companies that cater to subprime buyers. Analysts reported this ... [Read More]

GrooveCar Direct Partners with 4 Credit Unions

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Wednesday, Apr. 9, 2014, 04:46 PM
SubPrime Auto Finance News Staff
Credit union vehicle buying resource GrooveCar Direct formed partnerships with four national credit unions this week. The newest additions to the service provider’s network include —Corporate America Family Credit Union of Elgin, Ill. —First Alliance Federal Credit Union based in ... [Read More]

CarMax Still Evaluating New Subprime Strategy

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Wednesday, Apr. 9, 2014, 04:43 PM
SubPrime Auto Finance News Staff
With only about a month of data and originations in the portfolio, CarMax leaders are still waiting for more seasoning and growth to occur before making a significant evaluation of their new subprime financing initiative they launched at the beginning ... [Read More]

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