Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Lithia’s Used Sales Skyrocket in Record-Income Quarter; Company Announces New CEO

Friday, Feb. 24, 2012, 12:00 AM
Nick Zulovich
MEDFORD, Ore. — While also explaining its chief executive officer succession plan, Lithia Motors detailed results from a period that produced its best fourth-quarter net income ever in addition to used-vehicle sales that soared double digits. Specifically, the company sold ... [Read More]

Huntington Explains Why Auto Loan Balance Dipped as 2011 Ended

Wednesday, Feb. 22, 2012, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington Bancshares acknowledged its balance sheet showed its auto loan balance slid from $6.2 billion to $5.6 billion as 2011 closed. However, executives were quick to point out that Huntington continued to see strong levels of originations ... [Read More]

NVLA to Touch on Lease-Here, Pay-Here at Annual Conference

Wednesday, Feb. 22, 2012, 12:00 AM
Nick Zulovich
HANOVER, Md. — The National Vehicle Leasing Association will be holding its annual conference this spring at the Renaissance Worthington Hotel in Fort Worth, Texas. One of the highlights of the event is a day-long track designed for the lease-here, ... [Read More]

USAA Gains New CFO, Makes Other Executive Reassignments

Wednesday, Feb. 22, 2012, 12:00 AM
Nick Zulovich
SAN ANTONIO — USAA, which facilitates vehicle loans and other services for military personnel and families, announced this week that Stuart Parker will become the company's chief financial officer effective immediately. The move comes following the resignation of current CFO ... [Read More]

While Predicting Repo Upswing, Webb Points to Factors Bolstering Recovery Bottom Lines

Wednesday, Feb. 22, 2012, 12:00 AM
Nick Zulovich
ATLANTA — While also predicting repossessions should trend upward again, Manheim chief economist Tom Webb explained why lenders didn't sustain as much of a loss when a loan contract went south during the past two years. Webb stated that "in ... [Read More]

Chase’s 4Q Auto Performance Bolsters Record-Setting Year

Monday, Feb. 20, 2012, 12:00 AM
Nick Zulovich
NEW YORK — As part of a record year for net income, JPMorgan Chase & Co., watched its fourth-quarter auto originations tick higher year-over-year. The company recently reports its fourth-quarter auto originations totaled $4.9 billion, up 2 percent from the ... [Read More]

America’s Car-Mart Reveals 3Q Growth, Double-Digit Revenue Climb

Monday, Feb. 20, 2012, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — Buy-here, pay-here dealership chain America’s Car-Mart late last week announced its operating results for its third fiscal quarter, showing double-digit growth revenue. For the quarter ending Jan. 31, the group saw a revenue increase of 13.8 percent, ... [Read More]

Fitch: Banks’ Growth Opportunity Lies in Auto Sector

Monday, Feb. 20, 2012, 12:00 AM
Nick Zulovich
NEW YORK — While referencing the need to cultivate relationships with dealers, Fitch believes U.S. banks have a chance to foster loan growth via their auto portfolios as consumer demand and sales of both new and used vehicles increases. But ... [Read More]

New AutoTrader.com Feature Can Help Dealers Convey Affordability

Monday, Feb. 20, 2012, 12:00 AM
Nick Zulovich
ATLANTA — With its latest feature, AutoTrader.com is looking to give dealers another way to attract shoppers to their lots and inventory. With the new Price Markdown feature, dealers can systematically subtract the amount of special offers from the price ... [Read More]

Black Book Parent Buys Greater Stake in Fitch

Friday, Feb. 17, 2012, 12:00 AM
Nick Zulovich
NEW YORK — Fimalac S.A., the French parent company of global ratings agency Fitch Group, recently revealed it is selling an additional 10 percent in the ratings agency to Hearst Corp., parent of Black Book. This brings Hearst to a ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X