Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Sunday, Apr. 19, 2026, 04:27 AM
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership
Monday, Apr. 13, 2026, 03:50 PM
As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... Listen Here
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

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]

Huntington Doubles Market Share in Several States

Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington executives revealed Tuesday they've doubled their market share since this time last year in four of the six states that encompass their auto lending footprint, including Ohio, Indiana, Kentucky, Michigan and Pennsylvania. Furthermore, the company also announced ... [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]

AmeriCredit Puts Shareholders on Notice Regarding Upcoming GM Merger

Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Due to the impending merger of AmeriCredit  and General Motors, the auto lender announced that it has designated Oct. 1 as the anticipated effective date of the Make-Whole Fundamental Change for notes due to the merger. Basically, ... [Read More]

Chrysler Strikes Deal with U.S. Bank to Offer More Leasing Options, Launches New Round of Incentives

Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — On Wednesday, Chrysler Group announced a new deal with U.S. Bank to offer customers more lease options for its lineup of select 2010 Chrysler, Dodge and Jeep models. Through this new agreement, customers now have two leasing ... [Read More]

Fed: Several Auto Loan Averages Reach July YTD Extremes

Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Likely fueled by automakers' heavy use of incentives connected to APR, the Federal Reserve revealed the average interest rate on new-car loans at auto finance companies hit the lowest point of the year in July. Federal officials computed ... [Read More]

Las Vegas-Based Finance Company Goes with LoanPlus GPS

Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
KNOXVILLE, Tenn. — ProconGPS revealed the decision this week about how a Las Vegas-based finance company that primarily purchases contracts from buy-here, pay-here dealers chose to use its asset management system. Company officials indicated they plan to deploy a customized version ... [Read More]

FICO: Bankers Show Negative Outlook on Auto Loan Sector

Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
MINNEAPOLIS — In a quarterly survey of bank risk professionals, FICO discovered that while pessimism among these executives remain, apparently things are getting better as the results are less negative than the second quarter. Looking specifically at bank risk officers who specialize ... [Read More]

Incentives Appear to Be Driving Consumer Response

Tuesday, Sep. 7, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — In July, thanks to very strong incentives, including special lease deals and used-car trade-in promotions, two automakers smashed through the average industry sales increase of 6.8 percent. While August sales were down significantly year-over-year, many analysts are pointing ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X