Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
2025 Used Car Week Hall of Fame induction ceremony
Monday, Feb. 9, 2026, 09:42 PM
This episode of the Auto Remarketing Podcast takes listeners back to the 2025 Used Car Week Hall of Fame induction ceremony. Hear Jerry Kroshus, Becky Igo and Kathy Ruble share their reaction to being the next three executives who were ... Listen Here
Perspectives from 2025 Women in Auto Finance honorees
Monday, Feb. 9, 2026, 03:08 PM
Episodes of the Auto Remarketing Podcast originating from Used Car Week 2025 continue with this panel discussion of Women in Auto Finance honorees, presented by Primeritus Financial Services. The honorees discussed their career trajectories, the current state of the industry ... Listen Here
SPONSORED EPISODE: How recent acquisitions & evolving strategy are key to future at RPM North America
Monday, Feb. 9, 2026, 01:00 PM
This special sponsored episode of the Auto Remarketing Podcast features RPM North America president John Perkovich and senior vice president of sales Sean Baltazar. Perkovich and Baltazar reiterated the value proposition that RPM North America offers its clients who need ... Listen Here

Fed: Average Interest on Auto Loans Crept Higher

Tuesday, Mar. 9, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — After remaining low for much of 2009, the average interest rate on new-car loans at auto finance companies crept up to 3.94 percent in January of this year, according to the Federal Reserve. This is the highest level ... [Read More]

Finance Express Teams with Wachovia Dealer Services to Broaden Platform

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express, a provider of Web-based financial services and technology for independent dealerships, announced recently it has added Wachovia Dealer Services to its platform. Company officials stressed that the addition is a response to hundreds of ... [Read More]

Mercedes-Benz Financial Expands Mobile Platform

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Thanks to a new offering from Mercedes-Benz Financial, its customers can now access personalized account management features using smartphones like BlackBerry, Droid and other mobile devices with Internet capability. This is an expansion of what the company ... [Read More]

Experian Reviews Auto Loan Trends, Including Top Lenders by Different Categories

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
ORLANDO, Fla. — Due in large part to the troubled capital markets, Experian Automotive reported that captives lost a relatively large share of outstanding loan balances in the third quarter of last year, compared with the third quarter of 2008. In ... [Read More]

Westlake Financial Gains New Credit Facility to Add Sales Reps, Further Assist Dealers

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services announced this week that it now has a new revolving securitization from Wells Fargo Preferred Capital. The facility, which will be funded through a Westlake subsidiary, Westlake Funding III, is for $100 million and will ... [Read More]

TransUnion: 4Q National Auto Loan Delinquency Rate Flat

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
CHICAGO — In a positive turn for auto lenders, TransUnion's quarterly analysis determined that the latest reading on the national 60-day auto delinquency rate — which is the ratio of loan borrowers 60 or more days past due — showed no change between ... [Read More]

ABI Notes Continuing Rise in Consumer Bankruptcies

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute determined Tuesday that 111,693 consumer bankruptcies were filed in February, according to data the firm reviewed from the National Bankruptcy Research Center. Institute officials calculated that last month's total represented a 14-percent increase nationwide ... [Read More]

GMAC Completes Sale of Insurance Business

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services announced Monday that it has completed the sale of its U.S. consumer property and casualty insurance business. The company noted that its dealer-related insurance business, which includes extended service contracts and insurance for dealer inventories, has ... [Read More]

AmeriCredit Increases and Extends Warehouse Credit Facility

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit Corp. announced Monday that it has expanded and extended its warehouse credit facility. The borrowing capacity available under the facility has now increased to $1.3 billion from $1 billion. AmeriCredit said the facility includes commitments from ... [Read More]

DealerTrack Discusses 4Q, Full-Year Performance, 2010 Outlook

Thursday, Feb. 25, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack executives remained upbeat about their company's financial standing despite some year-over-year softening in revenue and income. When discussing fourth quarter data, DealerTrack indicated that revenue to close 2009 came in at $53.2 million as compared to ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X