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

GM Financial Explores Offering Near-Prime, Subprime Leasing, Ramps Quarterly Originations Up to Almost $1B

Thursday, Feb. 24, 2011, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — General Motors Financial/AmeriCredit announced latest financial results on Thursday, and in addition to revealing the company is looking to expand its prime lease program to near-prime and subprime customers, officials said quarterly loan originations are starting to ... [Read More]

Car-Mart Expands Dealer Network, Reveals Financial Gains

Tuesday, Feb. 22, 2011, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — Along with opening the 104th rooftop in its network, America's Car-Mart posted a mix of quarter-over-quarter gains as well as improvements through nine months of its fiscal year in a variety of balance sheet segments, including net ... [Read More]

Vehicle Acceptance Joins iMETRIK GPS Pay Share Program

Tuesday, Feb. 22, 2011, 12:00 AM
Nick Zulovich
DALLAS and MONTREAL — Vehicle Acceptance Corp., a buy-here, pay-here dealership payment stream lender, recently expanded its relationship with iMETRIK Automotive Solutions by joining the company's recently launched Pay Share program.  Executives explained Pay Share can allow a dealer to ... [Read More]

CNW: Dealers Need to Be Aware of Online Vehicle Loan Appeal

Tuesday, Feb. 22, 2011, 12:00 AM
Nick Zulovich
BANDON, Ore — CNW Research president Art Spinella believes that when it comes to online financing, "the jury is still out." Why? Spinella indicated dealers continue to hold the high ground when it comes to rates and ease of getting ... [Read More]

S&P/Experian Credit Default Indices Open 2011 Strong

Tuesday, Feb. 22, 2011, 12:00 AM
Nick Zulovich
NEW YORK — Any way one could view the latest S&P/Experian Consumer Credit Default Indices, the readings showed positive movements based on data through January of this year. Auto loans were among the types of credit contracts that made strong month-over-month ... [Read More]

DealerTrack Acquires Polk’s Price and Spec Business, Discusses 2010 Financials

Thursday, Feb. 17, 2011, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Along with sharing how the company performed financially during the fourth quarter and all of last year, DealerTrack Holdings announced this week it has acquired one of the businesses previously owned by R.L. Polk & Co. ... [Read More]

ABI: Annual Bankruptcy Levels Finally Slow Down Growth Rate

Thursday, Feb. 17, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — For the first time in three years, total bankruptcy filings in the United States didn't climb by double digits year-over-year. The American Bankruptcy Institute reported this week that total 2010 bankruptcies increased 8 percent above the 2009 ... [Read More]

VW Credit Taps New Agency of Record to Support New Product Launches

Thursday, Feb. 17, 2011, 12:00 AM
Nick Zulovich
HERNDON, Va. — As Volkswagen Credit and Audi Financial Services prepare for the launch of the new VW Passat in August and Beetle in September, the captives have tapped a new agency of record to roll out a customer loyalty campaign ... [Read More]

Consumers Continue to Opt for Less Expensive Units, but Average APR Grows

Thursday, Feb. 17, 2011, 12:00 AM
Nick Zulovich
DALLAS — The purchase and financing of an average-priced new vehicle accounted for 23.2 weeks of median family income in the fourth quarter, an improvement of 0.5 weeks, according to Comerica Bank. Consumers spent an average of $700 less, down 3 ... [Read More]

More Captives, Banks Approving Credit-Challenged Customers

Tuesday, Feb. 15, 2011, 12:00 AM
Nick Zulovich
BANDON, Ore. — CNW Research discovered that both captives and major banks are tapping into pent-up demand of subprime new-vehicle buyers. Though Art Spinella, of CNW, explained that in comparison to levels prior to the recession, these approvals are still low, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X