Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here

Penske Outlines Strategy to Boost F&I Gross Profit

Friday, Feb. 8, 2013, 12:00 AM
Nick Zulovich
BLOOMFIELD HILLS, Mich. — Penske Automotive Group isn't satisfied with F&I gross profit per retail sale in 2012 coming in at $1,000 when others franchised dealer groups have higher levels. Chairman Roger Penske explained this week that F&I is a ... [Read More]

Automobile Consumer Services Forms Partnership with LendingTree Autos and CreditSmarts.com

Friday, Feb. 8, 2013, 12:00 AM
Nick Zulovich
CINCINNATI — Automobile Consumer Services, a provider of direct-to-consumer financing and leasing services, recently entered into a joint agreement with LendingTree Autos and CreditSmarts.com. The deal is designed to offer competitive financing options for consumers of LendingTree Autos and to ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
Read More

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More

Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More

Chrysler, Santander Consumer USA Create Captive Arm

Thursday, Feb. 7, 2013, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — As was reportedly coming, Chrysler Group and Santander Consumer USA joined forces Wednesday for an agreement to provide a full spectrum of auto financing services to Chrysler and Fiat customers and dealers under the name Chrysler ... [Read More]

AutoNation Pinpoints Catalysts for F&I Growth

Wednesday, Feb. 6, 2013, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — In what was a solid all-around year for AutoNation, the F&I department at its dealerships were humming along at an impressive clip, as well. The retailer has continued to boast strong F&I operations thanks largely to ... [Read More]

Fitch: Potential Turbulence Ahead in Subprime Auto ABS Performance

Wednesday, Feb. 6, 2013, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings' newest U.S. auto ABS index indicated subprime loans are showing more weakness of late while performance for U.S. prime auto ABS is still on solid footing. Analysts said auto loan ABS produced the strongest performance ... [Read More]

Pelican Auto Finance, Private Equity Firm Reach $50 Million Partnership

Wednesday, Feb. 6, 2013, 12:00 AM
Nick Zulovich
CHERRY HILL, N.J. — Subprime lender Pelican Auto Finance recently received an initial equity investment from funds affiliated with private equity firm Flexpoint Ford. Officials said Flexpoint Ford also has been granted the option to invest up to $50 million ... [Read More]

Regional Acceptance Chooses Dealertrack Technologies to Provide Vehicle Title Administration

Wednesday, Feb. 6, 2013, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Building on an existing partnership, Dealertrack Technologies today announced that Regional Acceptance Corp. successfully moved its title administration processing to Dealertrack's Total Title Solution. In addition to Total Title Solution, Regional Acceptance, headquartered in Greenville, N.C., ... [Read More]

January’s Subprime Buying Pace Seen as Foundation for Good Used Sales Year

Monday, Feb. 4, 2013, 12:00 AM
Nick Zulovich
BANDON, Ore. — CNW Research said the number of subprime buyers in January soared nearly 60 percent versus a year ago while at the same time transactions at buy-here pay-here dealerships jumped 8.2 percent year-over-year. What do the trends say ... [Read More]

CarMark Auto Finance Program Offers Opportunity for Dealers, Lenders

Monday, Feb. 4, 2013, 12:00 AM
Nick Zulovich
CARY, N.C. — A new residual-based financing program from the creators of the CarMark Certified Pre-Owned program, called CarMark Auto Finance, is hitting its stride just in time for dealers to take advantage of the opportunity during the profitable first ... [Read More]

FTC Bans & Fines Sellers of Alleged Fraudulent Auto Loan Modifications

Monday, Feb. 4, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — In a recent settlement with the Federal Trade Commission, two California-based companies and their principals, who allegedly took hundreds of thousands of dollars from consumers, are banned from marketing auto loan relief or any other type of ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X