Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

TransUnion: Consumers Are Paying Auto Loans Before Other Credit Bills

Nick Zulovich
CHICAGO — In order of credit importance in consumers' eyes, TransUnion discovered this week that an auto loan ranks No. 1. TransUnion recently updated a study that found in 2011 consumers were more likely to pay their auto loans before their ... [Read More]

Edmunds.com: Loosening Credit and Rising Gas Prices Bring Shoppers Back to Lots

Nick Zulovich
SANTA MONICA, Calif. — As credit loosens, confidence in the economy improves and gas prices climb, consumers are heading back to the lots, according to the sales forecast from Edmunds.com.  As these factors drive rising auto sales, analysts contend that after ... [Read More]

SAFCo Expands into New Midwest Markets

Nick Zulovich
FORT LAUDERDALE, Fla. — Subprime lender Southern Auto Finance Co. revealed this week it is expanding into new markets in the Midwest. Now servicing more than 2,000 automobile dealerships in nine states, SAFCo announced its services are now available in the Illinois, Indiana, Michigan ... [Read More]

SFG Finance Taps Former Regional Acceptance Exec for VP Position

Nick Zulovich
ARLINGTON, Texas — Earlier this week, SFG Finance, a purchaser of auto paper from buy-here, pay-here dealers, franchised stores, finance companies, banks and credit unions, revealed its new senior vice president and manager of portfolio acquisitions. Tapped for the role ... [Read More]

Auto Remarketing Canada Conference Presented by CarProof Offers Dealers Chance to Learn About BHPH

Nick Zulovich
TORONTO — It may not yet have a Canadian stronghold, but Mark Dubois envisions the potential for the buy-here, pay-here financing business in Canada. And he’s reaching out to the country’s dealers at a grassroots level during this year’s Auto ... [Read More]

First Niagara Establishes Auto Lending Business Through Dealers in Nine States

Nick Zulovich
BUFFALO, N.Y. — First Niagara Financial Group entered the indirect auto lending business today, providing what the company says is a variety of vehicle financing options through dealerships across the Northeast. Executives indicated the new program is immediately available in ... [Read More]

GM Financial of Canada Joins IARA

Nick Zulovich
MT. ARLINGTON, N.J. — The International Automotive Remarketers Alliance announced today another company has joined its ranks.  Joining the association is automotive finance company General Motors Financial of Canada. Commenting on the news, Matt Marks, executive director of the IARA, ... [Read More]

MG Motor UK Appoints Ally Subsidiary for Wholesale Financing

Nick Zulovich
BIRMINGHAM, England — MG Motor recently tapped GMAC UK, a subsidiary of Ally Financial, to be its preferred wholesale financing provider for dealerships. Officials highlighted this development expands on the existing preferred retail financing relationship between the two companies established ... [Read More]

ProconGPS Completes Merger, Unveils New Name

Nick Zulovich
KNOXVILLE, Tenn, — Stemming from a merger with two other companies, mobile resource management solutions provider ProconGPS announced its new corporate name last week. It officially was launched during a special ribbon-cutting event Saturday at its new technology center, and ... [Read More]

New Website Offers Groupon-Style Car Buying in UK

Nick Zulovich
LONDON — Groupon gained traction in the U.S. by offering discounts at places such as restaurants and salons. Now a website in the U.K. is trying to bring the same process to buying a new vehicle. Today, officials from www.FinanceAcar.co.uk ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X