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How EVAI became VMS with co-CEO David Prusinski
Monday, Oct. 6, 2025, 07:40 PM
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here
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

Jim Bass to receive Jack Tracey Pinnacle Award

Jim Bass to receive Jack Tracey Pinnacle Award
Wednesday, May. 15, 2024, 12:41 PM
Nick Zulovich, Senior Editor
Last year, the National Automotive Finance Association established the Jack Tracey Pinnacle Award to recognize a professional at a member organization with enduring service to the non-prime auto finance industry. The award is named in honor of one of the ... [Read More]

Launcher & Gestalt Tech partner for enhanced credit data storage, reporting & analytics

Launcher & Gestalt in credit data deal
Wednesday, May. 15, 2024, 11:47 AM
SubPrime Auto Finance News Staff
Last week, Launcher Solutions announced an integration partnership with Gestalt Tech and its SaaS data warehouse that can empower finance companies to take advantage of the market trends in analytics, artificial intelligence and automation. The companies said this collaboration can ... [Read More]

Open Lending & Core Specialty Insurance Holdings form partnership

Open Lending & Core Specialty partner on credit default insuranceOpen Lending & Core Specialty partner on credit default insurance
Wednesday, May. 15, 2024, 11:44 AM
SubPrime Auto Finance News Staff
Open Lending Corp. recently partnered with Core Specialty Insurance Holdings, enabling Core Specialty to begin providing credit default insurance policies for Open Lending’s Lenders Protection platform. Open Lending interim CEO Chuck Jehl said through a news release, “One of the ... [Read More]

Access to auto credit tightened slightly in April

Access to auto credit tightened slightly in April
Tuesday, May. 14, 2024, 09:53 AM
SubPrime Auto Finance News Staff
Perhaps if your tax season didn’t meet your shop’s expectations, the latest reading of the Dealertrack Credit Availability Index could help explain why. Cox Automotive reported last week that the index declined to 93.8 in April, which was down 0.7% ... [Read More]

‘Extraordinary milestone’ for ComplyAuto by welcoming Miller

‘Extraordinary milestone’ for ComplyAuto by welcoming Miller
Monday, May. 13, 2024, 11:16 AM
SubPrime Auto Finance News Staff
ComplyAuto reached an “extraordinary milestone” on Monday, announcing that former National Automobile Dealers Association regulatory expert Brad Miller is joining the company as chief regulatory and compliance officer and head of legal. Miller spent more than 16 years at NADA ... [Read More]

PODCAST: NAF Association update with executive director Jennifer Martin

Podcast
Monday, May. 13, 2024, 11:15 AM
SubPrime Auto Finance News Staff
National Automotive Finance Association executive director Jennifer Martin had a lot of positive developments to share in this episode of the Auto Remarketing Podcast. The organization is using technology to grow and serve its membership while also preparing for a ... [Read More]

Hyundai captive settles with DOJ over alleged SCRA infractions

Hyundai captive settles with DOJ over alleged SCRA infractions
Friday, May. 10, 2024, 10:14 AM
SubPrime Auto Finance News Staff
The Justice Department and Hyundai’s captive finance company settled allegations this week involving repossessed vehicles. Officials announced on Wednesday that Hyundai Capital America has agreed to pay $333,941 to resolve allegations that it violated the Servicemembers Civil Relief Act (SCRA) ... [Read More]

New Experian tool taps into banking activities to enhance underwriting

Experian: Bank data boosts loan approvals
Friday, May. 10, 2024, 10:12 AM
SubPrime Auto Finance News Staff
Experian rolled out a new tool on Thursday to help finance companies and other lenders work with consumers who might not be in the prime space or have robust credit histories. The company announced the launch of Cashflow Attributes, a ... [Read More]

TransUnion: Gen Z using credit more than millennial counterparts at same age

Gen Z outpaces Millennials in credit use: TransUnion
Thursday, May. 9, 2024, 11:26 AM
SubPrime Auto Finance News Staff
The title of a project TransUnion released on Thursday at its 2024 Financial Services Summit (attended by nearly 300 global financial services executives) might have given some frightening flashbacks of struggles with algebra. The new TransUnion study — Solving for ... [Read More]

CFPB report: More complexity results in added costs for consumers

Wednesday, May. 8, 2024, 11:35 AM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau issued a new report last week that suggested consumers tend to pay more for products that have more complex pricing structures, including auto financing. The CFPB said this report is based on experiments with multiple ... [Read More]
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