Credit availability steady in January as negative equity climbs and terms stretch
Thursday, Feb. 12, 2026, 10:55 AM
Despite ‘mixed year’ for subprime, S&P Global Ratings watches auto ABS volume generate another record in 2025
Monday, Feb. 16, 2026, 10:59 AM
Debt Awareness Week meant to be ‘wake-up call’
Tuesday, Feb. 17, 2026, 10:21 AM
Cox Automotive on guiding the modern car buyer
One of the keynote presentations from Used Car Week 2025 featured Micah Tindor and Elizabeth Stegall of Cox Automotive for a session titled, “Guiding the Modern Buyer with Trust, Tech & Smarter Trade-Ins.” Valuable study findings and dealership recommendations now ... Listen Here
Tuesday, Feb. 17, 2026, 05:17 PM
Kevin Roberts of CarGurus on 2026 Used-Car Market
Kevin Roberts, who is director of economic and market intelligence at CarGurus, is back on the show to talk about the hot start to 2026 for the retail used-car market. Roberts and Cherokee Media Group senior editor Joe Overby discuss ... Listen Here
Monday, Feb. 16, 2026, 07:18 PM
Cox Automotive on the vanishing divide between wholesale & retail
Used Car Week 2025 extended the ongoing conversation about how the wholesale and retail portions of the used-car market aren’t quite as distinct as they used to be. Cherokee Media Group’s Bill Zadeits hosted a fireside chat about the subject ... Listen Here
Friday, Feb. 13, 2026, 09:43 AM
CIVC Acquires Honor Finance
Tuesday, Oct. 18, 2011, 12:00 AM
Nick Zulovich
CHICAGO — CIVC Partners, a Chicago-based private investment firm, recently joined with management and existing shareholders to acquire Honor Finance. In conjunction with this announcement, Honor revealed it has secured a new line of credit from Wells Fargo Preferred Capital. Officials recapped Honor ... [Read More]
GM Financial Set to Launch Commercial Lending for Dealers
Tuesday, Oct. 18, 2011, 12:00 AM
Nick Zulovich
SCOTTSDALE, Ariz. — General Motors Financial president and chief executive officer Dan Berce put a specific date on when GM dealers can use the company for their commercial needs, not just to finance subprime buyers. Berce told an investor gathering ... [Read More]
Southside Financial to Purchase Subprime Portfolios from Dealers
Tuesday, Oct. 18, 2011, 12:00 AM
Nick Zulovich
ARLINGTON, Texas — Southside Financial Group revealed Monday the launch of a program to purchase near-prime and subprime auto loan portfolios from franchised and independent dealers throughout the country. The program — launched in an effort to help dealers achieve greater liquidity ... [Read More]
TCF Financial to Acquire Gateway One by Year-End
Tuesday, Oct. 18, 2011, 12:00 AM
Nick Zulovich
WAYZATA, Minn. — TFC Financial Corp. recently announced its subsidiary — TFC National Bank — has signed a definitive agreement to acquire Gateway One Lending & Finance, LLC. Headquartered in Anaheim, Calif., Gateway One is a privately held lending company ... [Read More]
Fed Offers New Update on Auto Loans at Commercial Banks
Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve still hasn't restarted its monthly look at trends associated with new-vehicle loans generated by finance companies, but officials did offer August data about contracts from commercial banks. The Fed determined the average interest rate ... [Read More]
Subprime Dealer Creates Mobile App to Help Buy Most Profitable Inventory
Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
LAFAYETTE, Ind. — For a subprime dealer, going to auction can be particularly challenging. Not only does he need to meet his inventory needs, but the vehicles he buys also must fall within specific lender requirements. For instance, Shawn Foster, president ... [Read More]
Huntington Broadens Dealer Financing into Two New States
Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — On Wednesday, Huntington announced it is expanding its auto dealer financing business into two new states, including Wisconsin and Minnesota. Huntington will begin processing applications through dealers by Oct. 24. The company expects to provide financing solutions to ... [Read More]
CarHop Hires New VP of Sales and Operations
Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
MINNETONKA, Minn. — Buy-here, pay-here dealership chain CarHop announced Wednesday it has hired a new vice president of sales and operations. Tapped for the position is Mike Anderson, who will lead the sales and store operations for all CarHop locations. ... [Read More]
Vehix Taps RoadLoans.com as Preferred Lender
Tuesday, Oct. 11, 2011, 12:00 AM
Nick Zulovich
DALLAS — Geared as the next step beyond just getting shoppers to dealers, Vehix recently selected RoadLoans.com as its preferred lender. Now potential buyers can apply for vehicle financing through RoadLoans.com as part of their shopping experience. Consumers shopping at ... [Read More]
Credit Acceptance Reveals Completion of $200.5M Asset-Backed Financing
Tuesday, Oct. 11, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced the completion of a $200.5 million asset-backed non-recourse secured financing deal. Per this transaction, the company contributed loans having a net book value of approximately $250.8 million to a wholly-owned special purpose ... [Read More]
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