Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

First Investors Curtails Originations

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
HOUSTON — Discussing latest earnings this week, First Investors Financial Services' management reported that its decision to curtail originations had an impact on results.  And while the company is seeing originations improve, the curtailment did play a factor in rises in both its ... [Read More]

Mint Leasing Makes Major Vehicle Purchase for Corporate Customers

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
HOUSTON — The Mint Leasing used a portion of its previously announced $10 million credit facility to purchase 61 vehicles for a trio of corporate clients. Mint Leasing bought all of the vehicles from Fred Haas Toyota Country, a Houston-area dealership. ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
Read More

How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
Read More

Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
Read More

Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
Read More

Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
Read More

Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
Read More

The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
Read More

Dealer Guide: Selecting the Right Auto Logistics Partner

In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
Read More

Lee Auto Malls Acquires Linnehan’s Credit Now

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
AUBURN, Maine — Lee Auto Malls, a 73-year-old family dealership group, recently acquired the assets of Linnehan's Credit Now and Atlantic Acceptance Corp. to create one of the largest used-vehicle operations in the state. Lee already operates 12 franchise stores primarily ... [Read More]

Experian Webinar Takes In-Depth Look into Auto Finance Market Trends

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — On Wednesday, Experian Automotive reported that rising average credit scores on both new and used loans, a downswing in delinquency rate growth and lower at-risk loan values have been pointing toward stabilization in the market. More specifically, Melinda ... [Read More]

O’Neil: DealerTrack Reaches 800th Financing Source; Better Days May be Ahead for Industry

Tuesday, Dec. 8, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack officials announced Monday that the company reached a new threshold of active financing sources connected to their network. That number now stands at 800, according to Mark O'Neil, chairman and chief executive officer of DealerTrack. Company executives ... [Read More]

Mitsubishi Now Offering Zero-Percent Financing to Sam’s Club Members

Tuesday, Dec. 8, 2009, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — Available exclusively through the Sam's Club Auto Buying Program, an alternative to the traditional method of buying a car or truck, Mitsubishi Motors announced it is now offering special APR and lease rates to members of this big box franchise.  ... [Read More]

Fed: Average Amount Financed at Auto Lenders Hits New High

Tuesday, Dec. 8, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — According to the Federal Reserve, the average amount financed on new-car loans at auto lenders is on an upswing. After plummeting to $24,405 in August, perhaps in a reflection of the tight credit markets, this figure has now ... [Read More]

Daimler Truck Financial Captures Top Honor from ATD

Tuesday, Dec. 8, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Despite an extremely tough environment, Daimler Truck Financial boasted today that it has achieved the No. 1 ranking in the annual dealer satisfaction survey conducted by the American Truck Dealers, a division of the National Automobile Dealers ... [Read More]

Alabama Credit Union Broadens Deal with Wolters Kluwer

Thursday, Dec. 3, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Alabama Telco Credit Union recently expanded its relationship with Wolters Kluwer Financial Services. The new deal means the 56,000-member credit union now will utilize the AppOne platform that can automate the indirect lending, credit approval and compliance. ... [Read More]

DBRS Requests Feedback for U.S. Retail Auto Loan Rating Methodology

Thursday, Dec. 3, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Executives from DBRS recently made the request for comments on the proposed rating methodology for U.S. asset-backed transactions backed by retail auto loans. The company said the deadline for all comment submissions is Dec. 18. Individuals can send comments ... [Read More]
X