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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

Surveys: Optimism improving, but inflation & recession concerns remain

Tuesday, Jan. 23, 2024, 10:47 AM
SubPrime Auto Finance News Staff
With nearly a month of 2024 already in the books, experts are still trying to ascertain what might be ahead this year. While consumer sentiment is improving, top executives and finance companies still remain a bit guarded, especially when a ... [Read More]

DriveSmart Warranty gives trip to Daytona to winners of online racing campaign

award winner
Monday, Jan. 22, 2024, 11:22 AM
SubPrime Auto Finance News Staff
DriveSmart Warranty waved the checkered flag and online race winners will be going all the way to Daytona. On Friday, the administrator of vehicle protection services announced contestant Tucker Minter and streamer Casey Kirwan were the grand prize winners of ... [Read More]

Credit availability closes 2023 on notable slide

Monday, Jan. 22, 2024, 11:21 AM
SubPrime Auto Finance News Staff
Evidently finance companies weren’t in much of a giving mood this holiday season since credit availability deteriorated in December, according to the Dealertrack Auto Credit Availability Index. Cox Automotive reported that index declined in November and dropped another 0.9% to ... [Read More]

New FTC rule delayed by dealer activity in federal appeals court

Friday, Jan. 19, 2024, 10:22 AM
SubPrime Auto Finance News Staff
Dealers will get their time in court. Late on Thursday, the Federal Trade Commission issued an order postponing the effective date of the Combating Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending from the ... [Read More]

COMMENTARY: Why lenders should leverage the power of multi-channel digital communications

Solutions by Text secures $110M led by Edison & StepStone
Thursday, Jan. 18, 2024, 10:38 AM
Andres Huertas, Conecta Marketing Group
Digital marketing of lending products is an area that not only has bigger regulatory compliance — CFPB, FCC, states, you name it — but also bigger scrutiny from companies like Google and Facebook. (They even have a unique set of ... [Read More]

USED CAR WEEK 2023 PODCAST: Boosting repo percentages via compliance

Podcast
Wednesday, Jan. 17, 2024, 12:54 PM
SubPrime Auto Finance News Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation and discussion with Holly Balogh and Stamatis Ferarolis of RISC titled, “Improve Repossession Percentages ... [Read More]

Nowlake partners with Salient to use generative AI

Wednesday, Jan. 17, 2024, 12:06 PM
SubPrime Auto Finance News Staff
Nowlake, the fintech division of Westlake Technology Holdings and underpinning for the finance company, finalized a partnership this week with Salient to bring generative artificial intelligence to its customer offerings. An expert in voice technology, Salient said its solution was ... [Read More]

PODCAST: Tackling complaints with Hudson Cook’s Patty Covington

Podcast
Wednesday, Jan. 17, 2024, 12:05 PM
SubPrime Auto Finance News Staff
Hudson Cook partner Patty Covington is back on the Auto Remarketing Podcast to tackle a tricky situation for finance companies. Covington explained how there are different kinds of complaints finance companies often face. She then offered some recommendations for how ... [Read More]

F&I Sentinel to acquire cancellation tool from Cox Automotive

Tuesday, Jan. 16, 2024, 10:41 AM
SubPrime Auto Finance News Staff
For the second time in a little more than a month, Cox Automotive is liquidating an asset. On Tuesday, F&I Sentinel announced it has reached a definitive agreement to acquire Express Recoveries from Cox Automotive. As part of the transaction, ... [Read More]

PODCAST: Wide-ranging F&I conversation with Travis Wools of Protective Asset Protection

Podcast
Monday, Jan. 15, 2024, 10:58 AM
SubPrime Auto Finance News Staff
In this episode of the Auto Remarketing Podcast, we reconnect with Travis Wools of Protective Asset Protection to recap the company’s latest dealer survey about F&I and more. Wools shared how dealers are approaching traditional F&I activities as well as ... [Read More]
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