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Automotive Intelligence Award Honoree: Patrick Manzi of NADA
Friday, Mar. 6, 2026, 07:55 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Patrick Manzi, who is the chief economist at the National Automobile Dealers Association. Manzi , who got his first subscription to Car and Driver in his early teens, talks ... Listen Here
Automotive Intelligence Award Honoree: Jessica Caldwell of Edmunds
Wednesday, Mar. 4, 2026, 09:18 PM
Our conversations with the 2026 Automotive Intelligence Award winners begin with Jessica Caldwell, who is head of insights at Edmunds. Caldwell talks with Auto Remarketing senior editor Joe Overby about her journey going from working at automakers on the product ... Listen Here
NCM & WOCAN Spotlight Emerging Dealership Leader
Wednesday, Mar. 4, 2026, 07:35 PM
Ashley Cavazos, who is president of the Women of Color Automotive Network and a consultant, instructor and 20 group moderator at NCM Associates, joins the show, along with Colby Sturdivant, new-car manager at Freedom Honda Sumter in South Carolina. WOCAN ... Listen Here

CFPB’s Ficklin Maintains Agency’s Target on Dealer Participation

Patrice Ficklin at AFSA
Friday, Jan. 31, 2014, 06:46 PM
Nick Zulovich, Editor
The Consumer Financial Protection Bureau reiterated its uneasy assessment of how the dealer participation system operates when one of the agency's top officials made prepared remarks and answered a handful of submitted questions during the American Financial Services Association's Vehicle ... [Read More]

McGladrey: Due Diligence Vital to Forecast Loan Losses

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Saturday, Jan. 18, 2014, 03:24 PM
SubPrime Auto Finance News Staff
Since the recent financial crisis, McGladrey manager Robert McMurray pointed out that many private equity groups and other strategic investors have pushed plenty of money into the specialty finance industry to bring solid returns to their funds. With increased scrutiny ... [Read More]

Credit Acceptance Details $300 Million Senior Notes Offering

Saturday, Jan. 18, 2014, 03:21 PM
By SubPrime Auto Finance News
This week, Credit Acceptance Corp. announced plans to offer $300 million of senior notes due in 2021. Company officials said they intend to use the net proceeds from the offering, together with borrowings under their revolving credit facility, to redeem ... [Read More]

Following Bankruptcy, Western Funding Restarts Loan Originations

Saturday, Jan. 18, 2014, 03:19 PM
By SubPrime Auto Finance News
Now with the financial support of Westlake Financial Services, Western Funding — a subprime auto lender since 1962 — has resumed operating in full capacity. After a recent pause in loan originations following a bankruptcy proceeding, Western Funding is now ... [Read More]

NABD & SubPrime Auto Finance News Launch Monthly BHPH Report on NABD Website

car lot 7
Saturday, Jan. 18, 2014, 03:15 PM
SubPrime Auto Finance News Staff
The National Alliance of Buy Here Pay Here Dealers (NABD) and Cherokee Automotive Group (CAG), the publishers of Auto Remarketing and SubPrime Auto Finance News, will combine forces to launch the BHPH Report for the industry later this month. This ... [Read More]

Sluggish Job Rebound Could Slow Consumers’ Major Spending, Impact Delinquencies

Thursday, Jan. 16, 2014, 10:32 PM
SubPrime Auto Finance News Staff
According to at least one respected industry observer — Manheim's Tom Webb — the major cause of an auto loan delinquency remains a job loss. And Fitch Ratings' latest analysis of the labor market showed a rebound in a nationwide ... [Read More]

Parry Departing Exeter Finance; New Chief Credit Officer Announced

Thursday, Jan. 16, 2014, 10:29 PM
SubPrime Auto Finance News Staff
One of the founders of Exeter Finance Corp. resigned his position late Monday as chief credit officer to pursue a new business venture, according to a company announcement. Exeter said Daniel Parry will serve in a consulting role to ensure ... [Read More]

CarMax Auto Finance Outlines Plan to Make More Subprime Loans

Wednesday, Jan. 15, 2014, 10:24 PM
Nick Zulovich
With more potential buyers falling into the subprime credit tier, CarMax is looking to leverage its captive finance company more often to fund deals its third-party lenders might not be buying at volume levels company leaders are seeking. During the ... [Read More]

3 Projections for Payment Processing in 2014

Wednesday, Jan. 15, 2014, 10:22 PM
SubPrime Auto Finance News Staff
BillingTree chief executive officer and president David Roberts recently outlined three trends that he believes will drive the payment processing market in 2014. Those trends include: Mobile Roberts insisted companies need to be prepared as mobile will take over in ... [Read More]

Webb Estimates How Long Subprime Aggression Will Last

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Wednesday, Jan. 15, 2014, 10:19 PM
Nick Zulovich, Editor
Manheim's Tom Webb acknowledged some finance companies are making what he called "silly loans" to subprime customers, but he's not expecting underwriting standards to tighten quickly in the short-term future. During his recent quarterly conference call, Manheim's chief economist projected ... [Read More]

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