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
Kia Georgia leverages AI drones to save money and time on onerous fence patrols
Tuesday, May. 26, 2026, 03:02 PM
A 14.2-mile interior fence. Tough terrain. Multiple security personnel. Two or three vehicles churned from wear and tear annually. A looming United States Customs Trade Partnership Against Terrorism (CTPAT) audit in jeopardy. These were the challenges Kia Georgia faced because ... Read More
Impel, Phyron launch AI systems to drive customer engagement through dealership video
Thursday, May. 21, 2026, 02:34 PM
When it comes to capturing customer engagement, video is king. But the busy world of a car dealership isn’t necessarily the best environment for consistently creating effective video content. “Video sells. We’ve known that for years,” said Paul Hepp, director ... Read More
Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
TransUnion on intriguing trends involving used cars sold in 2025
Tuesday, May. 26, 2026, 06:42 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. During previous events hosted by Cherokee Media Group, TJ ... Listen Here
Experian Automotive on using data the right way to protect used-car profits
Friday, May. 22, 2026, 10:50 AM
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. During a candid conversation with Cherokee Media Group’s Andrew ... Listen Here
Closing the appraisal divide with Brad Kokesh of TraXtion
Friday, May. 22, 2026, 10:38 AM
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. This conversation features Cherokee Media Group’s Andrew Friedlander and ... Listen Here

Huntington Auto Finance Supports Japan Recovery

Thursday, May. 5, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington Auto Finance recently announced that it will make a donation for every auto loan booked through its dealership partners — up to $100,000 — to the Japanese Red Cross Society. Donations will be made in the names of the ... [Read More]

Hudson Cook Partner to Discuss e-Auto Loan Processes

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
BALTIMORE — eOriginal, a vaulted repository, electronic signature and transaction management solution provider, is bringing together a partner from Hudson Cook and the president of Connections Insights for an auto finance Webinar. These experts plan to discuss how electronic signatures ... [Read More]

Santander Adopts NAAA’s National Certification Standards

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
DALLAS — Santander Consumer USA revealed this week it has adopted the National Auto Auction Association's Silver National Certification Standard for finance company vehicles sold at auctions nationwide. Santander recapped that this wholesale certification program introduced by NAAA in January ... [Read More]

Ally: Leasing Grows to 16%, While Used Originations Climb to 17%

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
NEW YORK — In reporting its preliminary first-quarter results, Ally Financial announced that its auto originations from continuing operations soared 75 percent for the first quarter to $14.3 billion, compared to $8.2 billion in the previous year. First-quarter consumer originations included ... [Read More]

Experian to Break Out BHPH Demographics at NABD 2011

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers announced this week that an Experian credit expert will be on hand at its annual event to break out the BHPH marketplace, number of dealers and largest stats for BHPH financing. Melinda ... [Read More]

Huntington’s Double-Digit Auto Loan Climb Boosts 1Q Gains

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Along with offering forecasts about how it might fare later in the year, Huntington Bancshares recently revealed that it opened 2011 with a 13-percent jump in auto loans year-over-year, helping its first-quarter net income total climb to ... [Read More]

CPS Details Year’s First Asset-Backed Securitization

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced this week the closing of its first rated term securitization of the year. The company highlighted the transaction is CPS' second senior subordinate securitization since 1993.  In the transaction, executives explained qualified institutional ... [Read More]

Nicholas Financial to Remain Standalone Company

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — After being approached about potentially being acquired, Nicholas Financial began a strategic review of its business model to decide the best course of action. With the analysis now complete, management revealed the best course of action for shareholders ... [Read More]

BHPH Inventory Costs Continue to Be Major Challenge

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
HOUSTON — As Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers, prepares for the upcoming Dealer Academy and annual conference in mid May, he revealed some early benchmark results to SubPrime Auto Finance News. One of the key trends ... [Read More]

KAR Looks to Refinance Debt

Tuesday, Apr. 26, 2011, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Given the current favorable market conditions, KAR Auction Services announced this morning that it intends to refinance a portion of its indebtedness to allow for a greater flexibility to prepay debt. "The purpose of the planned refinancing is ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X