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2025 Used Car Week Hall of Fame induction ceremony
Monday, Feb. 9, 2026, 09:42 PM
This episode of the Auto Remarketing Podcast takes listeners back to the 2025 Used Car Week Hall of Fame induction ceremony. Hear Jerry Kroshus, Becky Igo and Kathy Ruble share their reaction to being the next three executives who were ... Listen Here
Perspectives from 2025 Women in Auto Finance honorees
Monday, Feb. 9, 2026, 03:08 PM
Episodes of the Auto Remarketing Podcast originating from Used Car Week 2025 continue with this panel discussion of Women in Auto Finance honorees, presented by Primeritus Financial Services. The honorees discussed their career trajectories, the current state of the industry ... Listen Here
SPONSORED EPISODE: How recent acquisitions & evolving strategy are key to future at RPM North America
Monday, Feb. 9, 2026, 01:00 PM
This special sponsored episode of the Auto Remarketing Podcast features RPM North America president John Perkovich and senior vice president of sales Sean Baltazar. Perkovich and Baltazar reiterated the value proposition that RPM North America offers its clients who need ... Listen Here

Treasury Recoups More TARP Funds in Ally IPO

ally IPO 2 for SPN story
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]

ABA Delinquency Bulletin Shows Improving Auto Rates

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Wednesday, Apr. 9, 2014, 04:35 PM
SubPrime Auto Finance News Staff
The performance of vehicle installment contracts improved slightly in the fourth quarter, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin released today. As the economy improved and consumers conscientiously managed their finances, analysts found the composite ... [Read More]

Bureau Defends Diversity Policies

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Monday, Apr. 7, 2014, 02:57 PM
SubPrime Auto Finance News
Following emotional U.S. House committee testimony by a senior enforcement attorney at the Consumer Financial Protection Bureau about alleged discrimination happening within the agency, the bureau’s director said the agency has “been doing some hard thinking” about its diversity policies. ... [Read More]

Subprime Surge Helps March Used Sales Soar

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Monday, Apr. 7, 2014, 02:55 PM
SubPrime Auto Finance News Staff
CNW Research reported that March used-vehicle sales rebounded significantly versus the previous month in part to a surge of subprime buyers during the peak of tax season. Monthly used-vehicle sales surpassed 3 million units for the first time this year ... [Read More]

Cordray Reiterates CFPB Rulemaking Process

another cordray pic for SPN
Monday, Apr. 7, 2014, 02:52 PM
SubPrime Auto Finance News Staff
During a speech last week to the American Bar Association, Richard Cordray again described the rule-making process the Consumer Financial Protection Bureau uses. The director also touched on a new project labeled, “regulatory implementation.” When creating new or modifying current ... [Read More]

Allstate Credit Acceptance Outlines Parameters for Portfolio Purchases

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Friday, Apr. 4, 2014, 03:42 PM
SubPrime Auto Finance News Staff
Allstate Credit Acceptance recently announced its plans to offer bids for near-prime and prime auto loan portfolios. Officials indicated pools that will be considered for purchase must have a minimum balance of $30 million and can run up to $200 ... [Read More]

NY Attorney General Finds Independent Dealer Failed to Pay off Trades

Eric T
Friday, Apr. 4, 2014, 03:40 PM
SubPrime Auto Finance News Staff
A lawsuit filed by New York’s attorney general resulted in a shutdown of an independent dealer because a law enforcement investigation found the store misled customers and failed to pay off liens on used vehicles. Attorney General Eric Schneiderman said ... [Read More]

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