Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

AOL Autos: Credit Unions Try Unique Ways to Re-enter Leasing Business

Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
DETROIT — AOL Autos recently took a look at how credit unions are coming back into the business of leasing vehicles. While the analysis concedes credit unions usually can't compete with heavily subsidized leases put out by automakers, some organizations are ... [Read More]

Friendly Finance, OnlineBKmanager.com Unite on Marketing Plan to Reach Bankrupt Buyers

Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
BALTIMORE — Friendly Finance Corp. and OnlineBKmanager.com are teaming up for a marketing campaign aimed at registering more franchise and independent dealers that often cater to subprime customers who already have filed bankruptcy. Friendly Finance noted that it began work in ... [Read More]

First Investors More than Quadruples Year-over-Year Originations

Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
HOUSTON — Sharing its first-quarter results, First Investors Financial Services announced a decrease in net income largely due to a decline in interest income that was the result of a drop in the average portfolio outstanding, in addition to lower revenues from ... [Read More]

Ally Bank Launches New Marketing Campaign

Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
MIDVALE, Utah — Ally Bank kicked off a new marketing campaign this week that highlights its customers' strong satisfaction with the institution's services. In fact, the new campaign points to the institution's "open dialogue, cutting-edge products and customer-friendly services," according to ... [Read More]

Credit Acceptance Announces Revolving Warehouse Facility Extension

Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance executives revealed recently an extension has been granted on their $75 million revolving secured warehouse facility. The company indicated the date on which the facility will cease to revolve was moved from Aug. 31, 2011 to ... [Read More]

AmeriCredit Reveals Another Securitization

Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
FORTH WORTH, Texas — On Wednesday, AmeriCredit announced the pricing of an $850 million offering of auto asset-backed securities through lead managers Barclays Capital, UBS Investment Bank and Wells Fargo Securities. Co-managers include Credit Suisse, J.P. Morgan and RBS. AmeriCredit plans ... [Read More]

Next Week’s DealerTrack Webinar to Discuss Next Wave of Financial Reform

Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — With the depth of more federal financial reform still unclear, DealerTrack is devoting part of its upcoming Webinar to discuss how new regulations might affect dealers. DealerTrack experts plan to examine the reform President Obama signed this summer ... [Read More]

Chevy Chase Bank Becomes Capital One Bank This Week

Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
McLEAN, Va. — Chevy Chase Bank, which is the ninth-largest largest bank in the country based on deposits, is rebranding to Capital One Bank this week. With the largest network of branches and ATMs in the Washington, D.C., area, Capital One said it ... [Read More]

Westlake Financial Unveils Prime Program

Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
LOS ANGELES — Based on extensive dealer customer feedback, Westlake Financial Services rolled out a prime lending program this week meant to augment its offerings that are mainly geared for buy-here, pay-here stores and subprime buyers. The newest offering, the Titanium Program, is ... [Read More]

Southern Calif. Auto Lender Gains Credit Facility from Wells Fargo

Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital recently provided a revolving credit facility to K STReet Finance, a indirect auto finance lender that serves dealerships in southern California. Officials said the total amount of the credit facility came in at ... [Read More]
X