Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
How EVAI became VMS with co-CEO David Prusinski
Monday, Oct. 6, 2025, 07:40 PM
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here
Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance
Friday, Oct. 3, 2025, 02:33 PM
Andy Mayers sees opportunity in subprime and other parts of auto finance. The associate vice president of business operations for retail solutions with Cox Automotive explained his reasons during this episode of the Auto Remarketing Podcast. Mayers also mentioned another ... Listen Here
The Future of EVs & More From the OEM Lens
Tuesday, Sep. 30, 2025, 07:38 PM
Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here

On the Road Lending gains $500K in capital from Tolleson Wealth Management

man-driving
Wednesday, Sep. 6, 2023, 10:47 AM
SubPrime Auto Finance News Staff
On the Road Lending now has more financial horsepower. The nonprofit organization that launched in Dallas in 2013 said on Wednesday that it received $500,000 in capital from Tolleson Private Bank to deepen its successful initiative across underserved communities throughout ... [Read More]

NextGear gives $50K to fund STEM lab at Indianapolis elementary school

Wednesday, Sep. 6, 2023, 10:46 AM
SubPrime Auto Finance News Staff
NextGear Capital showed it has a great interest in science, too, not just the automotive financial world. The floorplan provider that focuses on independent dealerships, in collaboration with Cox Enterprises, recently transformed an Indianapolis Public Schools (IPS) classroom into the ... [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

Study: 61% of consumers still live paycheck to paycheck

paying bills
Friday, Sep. 1, 2023, 10:13 AM
SubPrime Auto Finance News Staff
With Gen Z becoming a growing part of the segment, findings surfaced this week from the 25th edition of the New Reality Check: Paycheck-To-Paycheck research series orchestrated by LendingClub Corp. in partnership with PYMNTS. The research showed that 61% of ... [Read More]

Experian notices contract terms continue to shorten

Thursday, Aug. 31, 2023, 10:32 AM
SubPrime Auto Finance News Staff
Experian’s newest State of the Automotive Finance Market Report showed average contract terms continued to decrease. Amid rising interest rates, Experian reported on Thursday consumers are continuing to opt for shorter terms based on findings from the second quarter. However, ... [Read More]

Economists see more interest-rate rises ahead

Wednesday, Aug. 30, 2023, 12:28 PM
SubPrime Auto Finance News Staff
At least three economists anticipate the Federal Reserve pushing interest rates higher after chairman Jerome Powell made one of his most anticipated speeches of the year last week. The Fed’s annual gathering in Jackson Hole, Wyo., was the backdrop on ... [Read More]

TextUs study reinforces how much consumers prefer text messaging

Why auto finance is lagging in digital sphere
Wednesday, Aug. 30, 2023, 12:22 PM
SubPrime Auto Finance News Staff
If you already suspect many of the contract holders in your auto finance portfolio prefer to be contacted via text messaging, this research might reinforce your thinking. A recent study conducted by TextUs and Benenson Strategy Group surveyed smartphone users ... [Read More]

CFPB roundup: Proposed settlement with credit repair firm totals $2.7B

CFPB files lawsuit against US Auto Sales servicer
Tuesday, Aug. 29, 2023, 10:34 AM
SubPrime Auto Finance News Staff
Among a series of activities in recent days, the Consumer Financial Protection Bureau entered a proposed settlement on Monday with what the regulator called “a ring of corporate entities” operating some of the largest credit repair brands in the country, ... [Read More]

9 industry associations offer suggestions as FCC crafts call-blocking regulation

man-on-phone
Friday, Aug. 25, 2023, 10:11 AM
SubPrime Auto Finance News Staff
Nine industry associations recently sent a letter to the Federal Communications Commission (FCC), pushing back against the regulator’s plan involving call blocking and offering suggestions so financial institutions can still contact their customers. The associations responded because the FCC wants ... [Read More]

Fitch sees subprime ABS deterioration abating, predicts ‘mild’ recession

Thursday, Aug. 24, 2023, 11:34 AM
SubPrime Auto Finance News Staff
A few days after S&P Global Ratings shared its perspectives about how auto securitizations are performing, Fitch Ratings offered its assessment, too, focusing on the subprime sector. Analysts indicated Wednesday that subprime auto ABS loan performance deterioration has recently moderated ... [Read More]

Highlights of 2023 Non-Prime Automotive Financing Survey

Wednesday, Aug. 23, 2023, 10:57 AM
Nick Zulovich, Senior Editor
A quartet of industry executives took turns describing data contained in nearly 20 slides highlighting some of the top trends from 2023 Non-Prime Automotive Financing Survey that featured members of the National Automotive Finance Association and the American Financial Services ... [Read More]
X