Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

Prestige Establishes $150M Funding Facility with Wells Fargo Securities

Thursday, Jul. 14, 2011, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services recently announced it has established a $150 million funding facility with Wells Fargo Securities.  The company noted that the new arrangement is similar to a secured revolving line of credit and also “provides ... [Read More]

NAC Unveils Newest Dealer Contracting System with Integrated Rating Tools

Thursday, Jul. 14, 2011, 12:00 AM
Nick Zulovich
WESTERVILLE, Ohio — NAC, which orchestrates sales and administration of vehicle service contract products and services, recently launched ExpressLane 2.0 — the company's next generation online dealer contracting system. Officials explained ExpressLane was designed to address the efficiency gaps and ... [Read More]

GWC Warranty & Southern Auto Finance Align to Push Vehicle Service Contracts, GAP Program

Thursday, Jul. 14, 2011, 12:00 AM
Nick Zulovich
WILKES-BARRE, Pa. — GWC Warranty Corp. and Southern Auto Finance Co. formed a vehicle service contract strategic alliance this week. The companies indicated the alliance means SAFCo now offers through its dealers the GWC vehicle service contract and GAP program. ... [Read More]

Capital One Holds More Auto Loans for Investment & Sees Charge-Offs Decline

Thursday, Jul. 14, 2011, 12:00 AM
Nick Zulovich
McLEAN, Va. — In revealing company-wide financials Wednesday, Capital One reported on a few key trends in its auto finance division. For the second quarter, period-end automobile loans held for investment accounted for $19.22 billion, compared to $18.34 billion in the ... [Read More]

BlueYield Partners with Site Dedicated to Serving Indian Consumers

Tuesday, Jul. 12, 2011, 12:00 AM
Nick Zulovich
MISSION VIEJO, Calif. — BlueYield, a consumer auto finance lending exchange and provider of private-label affinity automotive financing programs, recently teamed up with a website aimed at reaching the Indian community throughout Michigan and the United States. BlueYield officials now ... [Read More]

Fed Reveals Latest Average New-Vehicle Loan Rate by Commercial Banks

Tuesday, Jul. 12, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve still hasn't resumed its regular reporting on averages for new-vehicle loans by finance companies. But officials late last week did share the latest average by commercial banks. The Fed determined the average interest rate ... [Read More]

Daimler Truck Financial to Offer Financing Services to Mitsubishi Fuso Truck of America Dealers, Customers

Tuesday, Jul. 12, 2011, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. and LOGAN TOWNSHIP, N.J.— Daimler Truck Financial revealed Monday that it will begin providing financial products and services for more than 175 Mitsubishi Fuso Truck of America dealers and their customers. DTF noted that through this partnership ... [Read More]

VINtek to Help Texas Hold Auto Liens Electronically

Tuesday, Jul. 12, 2011, 12:00 AM
Nick Zulovich
PHILADELPHIA — VINtek revealed this week that it has helped with the drafting of legislation that will allow the Texas Department of Motor Vehicles to develop rules to hold auto liens electronically, instead of via paper titles. Texas House Bill 2575 ... [Read More]

NASDAQ Sends Deficiency Notice to CPS

Thursday, Jul. 7, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services revealed this week it received a NASDAQ staff deficiency letter on June 30. The letter indicated the company had failed during the 30-business day period that ended June 28 to comply with the minimum ... [Read More]

Chase Auto Finance Expands Pittsburgh Subprime Office

Thursday, Jul. 7, 2011, 12:00 AM
Nick Zulovich
PITTSBURGH — Chase Auto Finance recently expanded its Custom Finance office in Pittsburgh to better serve needs of dealers in Pennsylvania and West Virginia. The new office is located at 4075 Monroeville, Blvd., Suite 400 in Monroeville, Pa. The office currently ... [Read More]
X