Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
Listen Here
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

Wells Fargo Provides $20 Million Revolving Credit to Tower Loan

Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Co, announced it has recently added $20 million to Tower Loan of Mississippi and its affiliated consumer lending companies' existing credit  facility, bringing the total facility to ... [Read More]

New Product Introduced to Help Dealers Prescreen Floor Traffic, Prospects

Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
DAVENPORT, Iowa — Iowa-based Dealer Marketing Services, the creators of ProMax Online, recently announced the introduction of a system that can help dealers to pre-qualify consumers for auto financing by simply entering the consumer's name and address into the Instant Screen ... [Read More]

Chase Maintains Lower Auto Originations

Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Chase reported today that auto originations were down for the second quarter in both an annual comparison and a quarter-to-quarter review. Auto loan originations came in at $5.3 billion, down 5 percent from $5.6 billion in the first quarter ... [Read More]

NICB, Authorities Respond to Challenge of Consumers Fraudulently Reporting Vehicles Stolen to Avoid Payments

Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
DES PLAINES, Ill. — According to the National Insurance Crime Bureau, a trend has been emerging as consumers struggle to pay their bills. Rather than walking away from vehicle payments that can no longer be afforded, apparently many consumers are reporting ... [Read More]

Leedom BHPH Convention Upcoming

Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — The 15th Annual Leedom Group National Buy-Here, Pay-Here Convention, dedicated to the BHPH and non-prime marketplace, will be held Oct. 12-14 at Caesars Palace in Las Vegas. "The Leedom Group has worked with hundreds of dealers across the ... [Read More]

GM CEO Thanks Rattner for Service as He Announces Plans to Leave

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
DETROIT — General Motors' head Fritz Henderson issued a statement Monday thanking Steve Rattner as a key contributor to the automaker coming out of bankruptcy so quickly. As many have heard, Rattner announced Monday he is leaving his role with the ... [Read More]

DealerTrack Adds New Feature to Help Dealers Comply with Red Flags

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — This morning, DealerTrack announced the addition of a free enhancement to its credit application network that is designed to help dealers strengthen their compliance programs and reduce the risk of identity theft and fraud by flagging abnormal ... [Read More]

AppOne Gains New Indirect Auto Lender Relationship

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services recently announced that a 110-year-old Gulf South financial services leader, Hancock Bank, has joined its AppOne platform. With access to AppOne's network of more than 3,000 auto dealers, Hancock Bank, which has locations ... [Read More]

NADA Seeks Additional Floor Plan Assistance for Dealers

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — Realizing that access to credit is still limited for both domestic and import dealers, the National Auto Dealers Association said it is working with Congress, the Department of the Treasury and the Federal Reserve Board to expand the ... [Read More]

CarMax Takes Advantage of TALF for Securitization

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax announced today that it has completed a private placement securitization. More specifically, the securitization is a private placement of $490 million principal amount of CarMax Auto Owner Trust 2009-A Asset-Backed Notes. J.P. Morgan Securities Inc. acted as adviser on ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X