Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Thursday, Mar. 26, 2026, 02:23 PM
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... Listen Here
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Wednesday, Mar. 25, 2026, 04:43 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here

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]

Capital One Shows Double-Digit Auto Loan Origination Growth

Tuesday, Oct. 26, 2010, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One Financial Corp. showed more than a 61-percent year-over-year gain in auto loan originations during the third quarter. Moreover, on a sequential basis, they were up more than 38 percent. More specifically, Capital One had $2.44 billion ... [Read More]

S&P/Experian Index Shows Auto Defaults Finally Make Downward Turn

Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
NEW YORK -—Auto loan defaults didn't decline by the same month-over-month level in September as second mortgages or bank card loans, but Standard & Poor's and Experian found that vehicle contracts did reverse their two-month-old trend. According to the most recent S&P/Experian Consumer Credit Default ... [Read More]

Hotel Discount Ends Soon for NRC and CPO Conferences

Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
CARY, N.C. — The Auto Remarketing Forum Series recently announced that the deadline to book a room at the Manchester Grand Hyatt for the National Remarketing Conference and the CPO Forum at the discounted conference rate of $239 per night is ... [Read More]

Gateway One Now Using AppOne Platform

Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced Thursday a California-based finance company has adopted the AppOne platform as a pathway to reach dealers nationwide. Management from Gateway One Lending & Finance made the decision to use AppOne, which can assist with ... [Read More]

Western Funding Goes Under New Ownership

Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — After pursuing Western Funding for some time, Katherine Cooper, Frederick Cooper and Phil Nick, of Harbor Structured Finance LLC, were recently able to strike a deal with Dwight Cope to purchase the company. According to Katherine Cooper, who ... [Read More]

While Identity Theft Soars, Treasury Discovers Major Crackdown on Auto Loan Fraud

Tuesday, Oct. 19, 2010, 12:00 AM
Nick Zulovich
VIENNA, Va. — A recent Financial Crimes Enforcement Network study indicates conscientious dealership staff and finance company personnel are greatly helping to squash fraudulent vehicle loans facilitated by identity theft prior to funding. FinCEN, a part of the U.S Department of Treasury, conducted ... [Read More]

Chase Taps Former BMW Exec to Head Up Remarketing

Tuesday, Oct. 19, 2010, 12:00 AM
Nick Zulovich
GARDEN CITY, N.Y. — Chase confirmed today  that it has hired veteran Randy Beil as vice president and national manager of its vehicle remarketing group. His team is responsible for selling repossessed and off-lease vehicles to consumers and through dealer, Internet ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X