Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Allied Solutions reviews Q1, pinpoints signals of loan health
Tuesday, Apr. 7, 2026, 07:55 PM
John Elias and Peter Krall of Allied Solutions returned for another special sponsored episode of the Auto Remarketing Podcast. Elias and Krall recapped some of the most notable developments in auto finance from the first quarter of 2026. The Allied ... Listen Here
SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here
Automotive Intelligence Award honoree Satyan Merchant of TransUnion
Wednesday, Apr. 1, 2026, 07:01 PM
Our conversations with the 2026 Automotive Intelligence Award winners wrap up with Satyan Merchant, who is senior vice president, automotive and mortgage business leader at TransUnion. Merchant recollected how his interest in data started when studying statistics on the back ... Listen Here

Exeter Finance Opens Two New Branches, Joins RouteOne

Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
IRVING, Texas — On Wednesday, Exeter Finance Corp. announced it is opening two new offices, expanding the company's branch network, in addition to joining RouteOne. The special auto finance company has now has branches in Philadelphia and Atlanta. Rather than ... [Read More]

Mercedes-Benz Financial to Provide iPads to Entire Dealer Network

Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Thanks to  a successful pilot that was launched not long after the iPad became available, Mercedes-Benz Financial announced this week that it is handing out iPads to all 355 dealers to give them instant mobile access to ... [Read More]

Investment Firm Captures Majority Ownership in Flagship Credit Acceptance

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Flagship Credit Acceptance, a national indirect auto finance company that originates and services non-prime loans, was taken over this week and given new leadership by investment firm Perella Weinberg Partners. To take majority ownership interest in Flagship, Perella ... [Read More]

ABA Says Both Direct and Indirect Auto Loan Delinquencies Show Drop

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin found that both direct and indirect auto loan delinquencies dropped in the second quarter. ABA revealed that direct auto loan delinquencies declined from 1.79 percent to 1.67 percent. Meanwhile, indirect ... [Read More]

Consumer Bankruptcy Filings Come in 11 Percent Higher than First Three Quarters of 2009

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Through the first nine months of this year, the American Bankruptcy Institute revealed that U.S. consumer bankruptcy filings are 11 percent higher than during the same time span last year. According to data provided by the National Bankruptcy ... [Read More]

GM Successfully Acquires AmeriCredit

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — General Motors Financial, formerly AmeriCredit, announced it has successfully been incorporated into General Motors. Basically, GM Financial is the surviving corporation of AmeriCredit's merger with Goalie Texas Holdco Inc. and became a wholly owned subsidiary of GM Holdings ... [Read More]

Fiat Taps Ally Financial as Preferred U.S. Financing & Remarketing Source

Thursday, Sep. 30, 2010, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — Chrysler announced today that it has selected Ally Financial as the preferred financing provider for Fiat vehicles in the U.S. Ally plans to provide retail financing, leasing, wholesale financing, working capital and facility loans, in addition to ... [Read More]

Wells Fargo, Fifth Third Bank Pledge Credit Facilities to SNAAC

Thursday, Sep. 30, 2010, 12:00 AM
Nick Zulovich
CINCINNATI — Security National Automotive Acceptance Corp. recently received revolving credit facilities from both Wells Fargo Preferred Capital and Fifth Third Bank to expand its auto finance and insurance operations. The total amount SNAAC secured was $200 million. "We are extremely ... [Read More]

Sparta to Launch Non-Prime Lease Program to Help Powersports Dealers Move Inventory

Thursday, Sep. 30, 2010, 12:00 AM
Nick Zulovich
NEW YORK — After conducting analysis spotting a significant need, Sparta Commercial Services this week is launching a new consumer leasing program targeted at the non-prime powersports market. Fueled by a multimillion-dollar line of credit it closed recently, Sparta believes it ... [Read More]

Fitch: Prime Auto Delinquencies Plummet 33 Percent Annually

Thursday, Sep. 30, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings recently revealed that U.S. prime auto delinquencies declined 33 percent on a year-over-year basis. On a month-to-month basis, delinquencies inched higher just a bit, however, which Fitch attributes mostly to seasonal trends. Fitch found that prime ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X