This Month's Focus
Artificial Intelligence
COMMENTARY: Inventory acquisition in the AI age
Friday, May. 29, 2026, 01:00 PM
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
Friday, May. 29, 2026, 11:54 AM
Marketing for car dealerships in the age of AI
Wednesday, May. 27, 2026, 11:34 AM
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Listen Here
Tuesday, Jun. 2, 2026, 01:30 PM
PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver
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
Tuesday, Jun. 2, 2026, 01:23 PM
SPONSORED EPISODE: The new definition of value in used-car retailing and the role of compliance
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
Tuesday, Jun. 2, 2026, 12:47 PM
Wells Fargo Auto Finance to Trim 193 Collection Jobs
Tuesday, Apr. 12, 2011, 12:00 AM
Nick Zulovich
BETHLEHEM, Pa. — SubPrime Auto Finance News recently confirmed that Wells Fargo Auto Finance is shuttering its auto loan collections operation at Bethehem, Pa., Lehigh Shopping Center in May, which will result in 193 layoffs. The company's reasoning for the closure ... [Read More]
Huntington to Step Up Hiring, Auto Lending in Michigan
Tuesday, Apr. 12, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington announced this morning that thanks to the state's improving economic recovery, the company is significantly expanding its Michigan auto dealer financing business and will add key personnel to support this move. "With Michigan's continuing economic recovery, we ... [Read More]
Fed Suspends New-Vehicle Loan Average Reporting
Tuesday, Apr. 12, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve halted its reporting on averages for new-vehicle loans by finance companies. Officials indicated the statistical foundation for this series of updates has "deteriorated" in the past few months. "Therefore, publication of these series is ... [Read More]
Nicholas Financial Expands Branch Network
Tuesday, Apr. 12, 2011, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial recently opened two new branch offices, one in St. Louis and the other in Villa Park, Ill., a Chicago suburb. Company executives highlighted the new offices are Nicholas Financial's first entries in both major metropolitan ... [Read More]
CPS Stresses Progress Despite 4Q, Full-Year Negative Operating Results
Thursday, Apr. 7, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Despite fourth-quarter and full-year drops in revenue and operating expenses still resulting in pre-tax and net losses, Consumer Portfolio Services emphasized strides the company made to close out 2010 in connection with two new credit facilities and ... [Read More]
ABI: 1Q Bankruptcy Total Marks Year-Over-Year Decline
Thursday, Apr. 7, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — American Bankruptcy Institute officials spotted a positive trend developing in the first quarter. Consumer bankruptcies for the first quarter of 2011 decreased 6 percent nationwide from the same time period last year. ABI came to that assertion ... [Read More]
GM Financial Announces Securitization
Thursday, Apr. 7, 2011, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — General Motors Financial Co. announced Wednesday that it has priced a $950 million offering of auto receivables-backed securities through lead managers Deutsche Bank Securities, J.P. Morgan and UBS Investment Bank. Co-managers include Barclays Capital, Credit Suisse and ... [Read More]
SubPrime Auto Finance News Now Seeking Nominations
Thursday, Apr. 7, 2011, 12:00 AM
Nick Zulovich
CARY, N.C. — The staff of SubPrime Auto Finance News is once again preparing for the annual issue which features the SubPrime 75, or top companies that play a role in the auto finance marketplace. As such, the staff is now ... [Read More]
AFSA to Participate in FTC Vehicle Finance Roundtable
Tuesday, Apr. 5, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association announced that several of its staff members will attend the first Federal Trade Commission roundtable on the Dodd-Frank Wall Street Reform and Consumer Protection Act in Detroit. The meeting will be held on ... [Read More]
BMW Financial Services Focuses on Taking F&I Offering Mobile
Tuesday, Apr. 5, 2011, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Financial Services management believes that by removing the desk from the equation and taking specific financing elements directly to the consumer and the car, customers can reap the benefits of accuracy, immediacy and a comfortable interaction within ... [Read More]
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