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

Nicholas Financial Reports Record 2Q Earnings, Revenue

Tuesday, Nov. 2, 2010, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — A double-digit jump in revenue pushed Nicholas Financial to record net earnings during its most recent quarter as well as impressive gains for the first six months of its fiscal year. Company executives recently shared that their net ... [Read More]

MVTRAC Brings Santander Consumer USA into Recovery Network

Tuesday, Nov. 2, 2010, 12:00 AM
Nick Zulovich
PALATINE, Ill. — This week, Santander Consumer USA joined MVTRAC's network of automotive lenders. The new relationship means as an indirect/direct lender and portfolio purchaser with more than 12,000 dealership relationships nationwide, Santander brings thousands of VINs and an ongoing daily supply ... [Read More]

CU Xpress Says It’s Seeing Record Auto Lease Pace for 3rd and 4th Quarters

Tuesday, Nov. 2, 2010, 12:00 AM
Nick Zulovich
HAUPPAUGE, N.Y. — CU Xpress Lease, a leading credit union lease provider, says it is witnessing a record-setting pace is auto leasing activity, with September up 100 percent year-over-year. The company went on to say it processed more than 1,500 lease applications for October. ... [Read More]

General Motors Financial Sends Out Convertible Notes Notices

Thursday, Oct. 28, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — General Motors Financial, formerly AmeriCredit, announced last week it created a fundamental change company notice and a notice of conversion procedure. Management said these documents were mailed to the holders of notes issued pursuant to the indenture ... [Read More]

Huntington Posts Strong 3Q Auto Loan Gains

Thursday, Oct. 28, 2010, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — In what the top executive called a "bright spot," Huntington Bancshares enjoyed healthy, double-digit gains in average automobile loans and leases when looking at both quarter-over-quarter and year-over-year comparisons. When first comparing the third quarter with the second ... [Read More]

New USAA Ad Campaign Aims to Connect with Current, Former Troops

Thursday, Oct. 28, 2010, 12:00 AM
Nick Zulovich
SAN ANTONIO — To let current and former military members and their families know about the various services it offers — which includes auto loans and car-buying services, just to name a few — USAA said Wednesday that it is rolling out a ... [Read More]

New AFSA Chair Takes Office

Thursday, Oct. 28, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association has officially brought in its new chair for the 2010-2011 term. Inaugurated into the position was Mary McDowell, who is president the chief executive officer of CitiFinancial North America. McDowell's installation was ... [Read More]

Ford Credit Says Net Income Showed Strong Gains in 3Q

Tuesday, Oct. 26, 2010, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Though revenues slipped, Ford Motor Credit Co. saw its net income jump $70 million on a year-over-year basis during the third quarter, the company said Thursday. Specifically, net income for Ford Credit was $497 million, compared with $427 million ... [Read More]

Ally Financial Begins Registered Exchange Offer

Tuesday, Oct. 26, 2010, 12:00 AM
Nick Zulovich
DETROIT — Ally Financial recently announced the opening of an exchange offer for its outstanding 8.3 percent senior guaranteed notes that are due 2015. Company management originally issued an aggregate principal amount of $2 billion of the old notes in ... [Read More]

Fitch Gives Favorable Outlook of Hyundai Loan Receivables

Tuesday, Oct. 26, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Last week, Fitch Ratings affirmed the outstanding notes of Hyundai Auto Receivables Trust 2007-A as part of its ongoing surveillance process. Fitch explained the rating reflects the quality of Hyundai Motor Finance's retail auto loan originations, the sound ... [Read More]
X