Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
COMMENTARY: Inventory acquisition in the AI age
Friday, May. 29, 2026, 01:00 PM
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete. For decades, dealers relied on a familiar formula: when a vehicle sold, replace it with another one just like ... Read More
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
Friday, May. 29, 2026, 11:54 AM
When it comes to practical applications of artificial intelligence for car dealers, it’s a marathon, not a sprint. Or a “crawl, walk, run” approach, says QuoreAI founder and CEO Todd Smith. “There’s no (case where you) plug in AI and ... Read More
Marketing for car dealerships in the age of AI
Wednesday, May. 27, 2026, 11:34 AM
There’s no doubt that artificial intelligence is revolutionizing the way companies do business — and the automotive industry is no exception. In fact, most dealers have already embraced AI models and incorporated them into their daily operations. From analyzing data ... Read More
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Tuesday, Jun. 2, 2026, 01:30 PM
Listen Here
PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver
Tuesday, Jun. 2, 2026, 01:23 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here
SPONSORED EPISODE: The new definition of value in used-car retailing and the role of compliance
Tuesday, Jun. 2, 2026, 12:47 PM
For this special sponsored episode of the Auto Remarketing Podcast, GWC Warranty senior vice president and managing director James Virgoe shared some of his personal experiences of buying a vehicle earlier this year to illustrate how the definition of “value” ... Listen Here

S&P/Experian: Auto Loans Only Credit Segment to Show Month-Over-Month Improvement

Thursday, Oct. 20, 2011, 12:00 AM
Nick Zulovich
NEW YORK — The S&P/Experian Consumer Credit Default Indices all climbed based on data through September, except one category — auto loans. The auto loan default reading actually dipped from 1.31 percent in August to 1.29 percent in September, S&P ... [Read More]

Chase, Aston Martin Partner for Retail Subvention Program

Thursday, Oct. 20, 2011, 12:00 AM
Nick Zulovich
GARDEN CITY, N.Y. — To assist high-end luxury vehicle buyers, Chase Auto Finance and Aston Martin the Americas announced this week an expansion of their relationship, with the lender becoming the exclusive provider of financing for the brand's first U.S. retail subvention program. Officials explained ... [Read More]

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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X