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
Bain Survey: Few Companies Ready for Sustainability Rules (24%) Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
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

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]

myAutoloan.com Sees Uptick in Auto Loan Approvals

Thursday, Aug. 11, 2011, 12:00 AM
Nick Zulovich
IRVING, Texas — With growth coming especially in upper-credit brackets and even a minor increase in non-prime approvals, executives from myAutoloan.com revealed this week they have seen moderate strengthening during the first half of 2011. The site also is forecasting ... [Read More]

Car-Mart Opens Ninth Store in Alabama

Thursday, Aug. 11, 2011, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — Continuing its expansion, America's Car-Mart broadened its buy-here, pay-here dealership footprint in Alabama. The newest rooftop is located in Albertville, Ala., raising Car-Mart's total in the state to nine. Car-Mart now has 108 dealerships spread through Alabama, ... [Read More]

BMW Financial Looks to Build Market Awareness with New Service Contract Campaign, More

Thursday, Aug. 11, 2011, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Group Financial Services announced this week the launch of a  three-part series of viral videos to promote its extended vehicle protection program. Also this week, the company released a new mobile app for customers and gamers alike. Returning ... [Read More]

U.S. Bankruptcies Fall Over First Half 2010, but Rise from 1Q

Thursday, Aug. 11, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute discovered that the total number of U.S. bankruptcies filed during the first half of this year fell 8 percent when compared to the same period in 2010. This was due largely in part to the deleveraging ... [Read More]

TD Auto Finance Joins AFSA

Tuesday, Aug. 9, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association recently announced that TD Auto Finance is its newest member. The company was formed when TD Bank Group purchased Chrysler Financial in April, combining its existing auto lending business with Chrysler Financial ... [Read More]

Fed Watches Non-Revolving Credit Jump Again

Tuesday, Aug. 9, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — While the Federal Reserve didn't have any update on averages for new-vehicle loans by finance companies, officials noticed non-revolving credit increasing at a rate not seen since February. Looking at June data, the Fed discovered this credit ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X