Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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
SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here

Wells Fargo Provides Revolving Credit Facility to CarBiz

Thursday, Jun. 25, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced it recently provided a revolving credit facility to CarBiz. The amount of the facility is $20 million. CarBiz operates 25 buy-here, pay-here dealer locations throughout the U.S. "We are fortunate to partner ... [Read More]

MADA Endorses Reynolds’ 556 LAW Contract

Thursday, Jun. 25, 2009, 12:00 AM
Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds announced Wednesday that the Michigan Automobile Dealers Association is endorsing the its LAW 553 Universal Retail Sale Contract to the more than 700 new car dealerships that group currently represents throughout the state. The LAW ... [Read More]

Group 1 Trims Ford Credit Floor Planning Facility

Tuesday, Jun. 23, 2009, 12:00 AM
Nick Zulovich
HOUSTON — Group 1 Automotive announced Monday that it has reduced the borrowing capacity under its credit arrangement with Ford Motor Credit Co. for floor plan financing to $150 million from $300 million, with no change to the terms or pricing. ... [Read More]

VW Credit Now Offers Personalized Sites for Lessees

Tuesday, Jun. 23, 2009, 12:00 AM
Nick Zulovich
SAUSALITO, Calif. — ChannelNet, a leading provider of multichannel solutions for the auto and financial services industries, announced Volkswagen Credit has expanded its use of personalized sites to include all customers in its lease portfolio. First launched in mid-2008, VW Credit's ... [Read More]

Credit Acceptance Lengthens Maturity of Credit Facility

Tuesday, Jun. 23, 2009, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has extended the maturity of its credit facility with a commercial bank syndicate from June 22, 2010 to June 23, 2011. The amount of the facility was reduced from $153.5 million ... [Read More]

Triad Financial Partners with Windsor Group

Tuesday, Jun. 23, 2009, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial and Windsor Group recently announced a partnership to grow Triad's third-party servicing business, which supports finance companies, banks, investors and dealers. Windsor, a leading skip trace and repossession management provider, will drive Triad's marketing, ... [Read More]

CarBiz Acquires Star Financial

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — In a move to expand its role in the buy-here, pay-here industry, CarBiz announced it has acquired Star Financial Services, which has a portfolio of consumer notes. Since 1966, Star Financial has served as an indirect lender to ... [Read More]

Capital One: First-Time Car Buyers More Likely to Pay Cash

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — In an interesting twist, the number of recent graduates who told Capital One Auto Finance that they would pay for their first car in cash almost came close to doubling over last year. In its annual survey, the ... [Read More]

Wolters Kluwer Launches Indirect Lending Unit

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced on Wednesday that it has formed a new Indirect Lending business unit to strengthen its commitment and expand its reach across the broader indirect lending market. Over the past two years, Wolters Kluwer indicated ... [Read More]

Pelican Resource Group Introduces Subprime Program for Dealers

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
CHERRY HILL, N.J. — Earlier this week, Pelican Resource Group announced that franchised and independent dealerships  looking to move excess used and wholesale inventory now have the option of a comprehensive program to help them increase sales and generate cash. To ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X