Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
Impel, Phyron launch AI systems to drive customer engagement through dealership video
Thursday, May. 21, 2026, 02:34 PM
When it comes to capturing customer engagement, video is king. But the busy world of a car dealership isn’t necessarily the best environment for consistently creating effective video content. “Video sells. We’ve known that for years,” said Paul Hepp, director ... Read More
Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
Dealer group C-suite executives examine role of AI at auto retailers
Monday, May. 18, 2026, 10:23 AM
Artificial intelligence in auto retail, says Zeigler Auto Group chief operating officer Sam D’Arc, is in a similar place as digital retail was 4-5 years ago. There’s a lot of excitement, but perhaps not a complete understanding of how AI ... Read More
SPONSORED EPISODE: The Math on Fast-Turn & What the Top 10% of Independent Dealers Are Doing Differently
Thursday, May. 21, 2026, 03:44 PM
Most independent dealers are working harder than ever — and still watching inventory sit. The difference between the stores that are winning right now and the ones that are grinding isn’t budget, market size, or luck. It’s discipline. The top-performing ... Listen Here
Assuring potential buyers about used EV battery health with David Giacobbe of Voltest
Wednesday, May. 20, 2026, 04:01 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. One of the key questions buyers ask dealers about ... Listen Here
Why vehicle recalls are becoming more complex and frequent
Wednesday, May. 20, 2026, 03:52 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. This conversation features Cherokee Media Group’s Andrew Friedlander and ... Listen Here

ABI: Bankruptcy Levels Continue to Grow

Tuesday, Apr. 6, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute found that March consumer bankruptcy filings totaled the highest amount since Congress overhauled the Bankruptcy Code in 2005. ABI reported that there were 149,268 consumer bankruptcies filed in March. That figure represented a 34-percent ... [Read More]

Are Subprime Loans on Used Vehicles Continuing to Grow?

Tuesday, Apr. 6, 2010, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive recently found that subprime loans on used vehicles are starting to rebound and gain ground. Experian indicated that there was a "slight loosening" of credit for used-vehicle financing in the fourth quarter compared to the third ... [Read More]

GMAC to Finance New, Used Recreational Vehicles via Thor Partnership

Tuesday, Apr. 6, 2010, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services announced this week that it will soon provide consumer financing for recreational vehicles and has been tapped by Thor Industries as the preferred financial provider for its retail customers. Thor is one of the world's largest manufacturer's ... [Read More]

Fiserv Expands Capabilities of Auto Origination System

Thursday, Apr. 1, 2010, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv announced this morning that it has launched enhanced risk management capabilities in its next-generation Automotive Loan Origination System. Basically, the enhanced program is designed to empower auto lenders to provide fast, consistent customer credit decisions. "We have ... [Read More]

CPS Reports 4Q, Full-Year Results and Gains New Credit Facility

Thursday, Apr. 1, 2010, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Along with revealing its operating results for the fourth quarter and all of 2009, Consumer Portfolio Services announced it entered into another new financing facility worth $50 million. Company executives indicated that the facility is structured similarly to ... [Read More]

Constellation Automotive Software Launches New Consulting Division

Thursday, Apr. 1, 2010, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Constellation Automotive Software, which specializes in the buy-here, pay-here marketplace, recently announced it added a new consulting and training practice division. The company tapped industry veterans Don Miller and Al Mosher to serve in consultant roles. Miller spent the past eight ... [Read More]

ALG: Leasing and Retail Sales Levels Bouncing Back

Thursday, Apr. 1, 2010, 12:00 AM
Nick Zulovich
SANTA BARBARA, Calif. — March sales have been an unexpected surprise for the auto industry, according to Matt Traylen, chief economist and client partner with ALG. In addition to retail sales climbing, leasing levels are expected to come in above last ... [Read More]

NAF Association Highlights Below-Prime Credit Auto Financing Conference Agenda

Tuesday, Mar. 30, 2010, 12:00 AM
Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association announced the keynote speaker and presenters this week who are slated to take center stage during the 14th annual Below-Prime Credit Auto Financing Conference. Serving in the keynote role for the event that's scheduled for ... [Read More]

AutoTrader.com Spots Decline in Click-Through Ad Effectiveness

Tuesday, Mar. 30, 2010, 12:00 AM
Nick Zulovich
ATLANTA — Chip Perry, the president and chief executive officer of AutoTrader.com, shared some dramatic data about the plummeting decline of click-through rates for dealers' online advertising. Perry stressed that manufacturers and dealers alike must transition away from leads and clicks ... [Read More]

AmeriCredit Announces Subprime Asset-Backed Securitization

Tuesday, Mar. 30, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced late last week that it has priced an offering of subprime auto-asset backed securities under its receivables trust platform called AMCAR. The offering is priced at $200 million and the underwriters include Credit Suisse and ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X