As subprime space keeps changing, how long can average terms stretch?
Monday, May. 4, 2026, 11:16 AM
Car-buying intention remains positive even as consumers face more headwinds
Thursday, May. 7, 2026, 11:12 AM
NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award
Friday, May. 8, 2026, 10:56 AM
Latest Stories
This Month's Focus
Artificial Intelligence
CARS Protection Plus taps Circuitry.ai Warranty Decision Intelligence to help adjusters resolve claims faster
Wednesday, May. 6, 2026, 10:38 AM
DealerOn’s dual launch includes AI search visibility platform, ‘intelligent layer’ touching full dealership
Tuesday, May. 5, 2026, 03:28 PM
Newest Experian tool designed to reduce risk within AI-driven commerce
Monday, May. 4, 2026, 11:19 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
Leedom Financial Services Announces Asset Sale to Spartan Financial
Tuesday, Aug. 23, 2011, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Leedom Group recently revealed that Leedom Financial Services has completed a sale of all its performing assets to American Credit Acceptance’s Spartan Financial — which also provides capital solutions to buy-here, pay-here dealers and subprime auto finance ... [Read More]
ProconGPS Sues Competitors
Tuesday, Aug. 23, 2011, 12:00 AM
Nick Zulovich
KNOXVILLE, Tenn. — ProconGPS Inc., a leading supplier of GPS vehicle tracking solutions, has filed a patent infringement lawsuit in a California Federal Court against Star Sensor, Skypatrol LLC and others. The complaint is related to U.S. patents 6,249,217 B1 & ... [Read More]
July’s Auto Loan Delinquency Trends Creep Lower
Thursday, Aug. 18, 2011, 12:00 AM
Nick Zulovich
NEW YORK — July auto loan defaults followed the same pattern established by other categories of consumer credit, pushing downward on both a month-over-month and year-over year basis. The S&P/Experian Consumer Credit Default Indices based on July data showed the auto loan ... [Read More]
SNAAC Reveals New E-Signature Availability to Ramp Up Funding Time
Thursday, Aug. 18, 2011, 12:00 AM
Nick Zulovich
MASON, Ohio — Finance company Security National Automotive Acceptance Corp. recently revealed its new E-Signature product that aims to simplify the buying process for dealers and customers. The product offered through the company’s SNAAC Now proprietary system can be utilized ... [Read More]
VW Credit Taps Wolters Kluwer as Lease Contract Provider
Thursday, Aug. 18, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS — VW Credit, the financial services arm of Volkswagen Group of America, recently chose Wolters Kluwer Financial Services as a preferred provider of vehicle lease contracts. Through this new relationship, officials explained VW Credit will provide Wolters Kluwer Financial ... [Read More]
Huntington’s Dealer Partners Rally to Aid Japanese Red Cross Relief Efforts
Thursday, Aug. 18, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington Bancshares' auto finance business revealed this week it has donated $100,000 to the Japanese Red Cross Society in an effort to aid those affected by this past spring’s earthquake and tsunami that devastated the island country. ... [Read More]
Flagship Boosts Sales Team to Expand Subprime Penetration
Tuesday, Aug. 16, 2011, 12:00 AM
Nick Zulovich
CHADDS FORD, Pa. — With the intention of diving deeper into the subprime market, Flagship Credit Acceptance added a pair of sales executives to its team on Tuesday. The indirect auto finance company headquartered near Philadelphia said it needed the ... [Read More]
Chrysler Taps Chase for Subvented Financing
Tuesday, Aug. 16, 2011, 12:00 AM
Nick Zulovich
GARDEN CITY, N.Y. — Chase Auto Finance revealed Monday the launch of a new consumer financing program providing retail subvention financing options to Chrysler, Jeep, Dodge and Ram Truck dealers across the U.S. The arrangement with Chrysler gives dealers the ... [Read More]
CPS Posts Another Quarterly Loss, But CEO Expects Portfolio to Grow Again Soon
Tuesday, Aug. 16, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Continuing to struggle with a decline in the portfolio it manages, Consumer Portfolio Services announced another quarterly loss this week. The second-quarter financials included a 19.1-percent drop in revenue. CPS' revenue slid down by approximately $7.4 million from $38.5 ... [Read More]
Exeter Finance Has New Owner, Secures Much Larger Credit Line
Tuesday, Aug. 16, 2011, 12:00 AM
Nick Zulovich
IRVING, Texas — To help the company ramp up to a national platform, Exeter Finance Corp. revealed it is being acquired by Blackstone, a leading investment and advisory firm with about $159 billion in assets. This acquisition has helped Exeter nail ... [Read More]
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