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

ABA Rolls Out Financial Reform Tracking Site

Tuesday, Nov. 23, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Since so much policy associated with financial reform has yet to be spelled out by federal regulators, the American Bankers Association recently launched a new online resource aimed at keeping members up to date. The association explained the ... [Read More]

Subprime Approvals Continue to Creep Higher

Tuesday, Nov. 23, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — Subprime new-loan approvals have now shown four months of increases, according to CNW Research. For October, 7.6 percent of subprime loan applications were approved, up from 6.9 percent in September and 5.7 percent in October 2009. "While still ... [Read More]

Ally Launches Wholesale Financing for Recreational Vehicles

Tuesday, Nov. 23, 2010, 12:00 AM
Nick Zulovich
DETROIT — Ally Financial announced Tuesday that it is offering a national program for wholesale financing for RV dealer inventory, enhancing its preferred provider relationship with Thor Industries. Thor has about 1,200 dealers selling such brands as Airstream, Breckenridge, CrossRoads, Dutchmen, ... [Read More]

AFS Acceptance Renews Credit Line, Augments Dealer Financing

Thursday, Nov. 18, 2010, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — AFS Acceptance said recently that its line of credit with its senior lender has been renewed and bolstered. Additionally, the company said its dealer financing programs have been upgraded. Official said the new line of credit was ... [Read More]

Infiniti Returns to Winter Event Ad Campaign with Special Finance Offers, Lease Deals

Thursday, Nov. 18, 2010, 12:00 AM
Nick Zulovich
FRANKLIN, Tenn. — On Wednesday, Infiniti announced the return of its Limited Engagement Winter Event, which features special leasing and financing offers. Infiniti is saying this event offers its best deals of the year. The campaign is supported by a new ... [Read More]

Top Auto Finance Execs to Lead Panel at AFSA Conference

Thursday, Nov. 18, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Leading executives with four auto finance companies will come together during the American Financial Services Association's 15th Annual Vehicle Finance Conference and Exposition early next year for a panel discussion that will delve into how these leaders and ... [Read More]

Comerica: Auto Affordability Improves a Bit

Thursday, Nov. 18, 2010, 12:00 AM
Nick Zulovich
DALLAS — The purchase and financing of an average-priced new vehicle took 23.8 weeks of median family income in the third quarter of the year, reported Comerica Bank this week. The average cost of buying and financing a new car declined ... [Read More]

Saab Taps Ally Financial for Vehicle Service, Maintenance Products

Tuesday, Nov. 16, 2010, 12:00 AM
Nick Zulovich
DETROIT — Ally Financial announced it has been selected as the recommended provider of F&I products and services for U.S. Saab dealerships. Ally Financial will offer its Repair Advantage line of vehicle service and maintenance contracts to customers via Saab dealers, ... [Read More]

Daimler Financial Services Rebrands

Tuesday, Nov. 16, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Daimler Financial Services announced this week that it officially changed its legal name. The company now will be known as Mercedes-Benz Financial Services USA and will continue to serve as the captive finance unit for an array of ... [Read More]

CPS’ Year-Over-Year Losses Continue in 3Q, but Company Buying More Contracts

Tuesday, Nov. 16, 2010, 12:00 AM
Nick Zulovich
IRVINE, Calif. — A significant drop in third-quarter total operating expenses wasn't enough to offset a sharp decline in revenue, sending Consumer Portfolio Services to another pretax and net loss. The company indicated this week its pretax loss for the third ... [Read More]
X