Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
Tuesday, Nov. 4, 2025, 09:15 PM
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here

Chrysler Financial Names CEO, COO

Tuesday, Aug. 12, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — On Monday, Chrysler Financial announced it has implemented some executive moves to further strengthen the company's focus on its core business. Taking on the newly created position of vice chairman and chief executive officer is Thomas Gilman. Basically, ... [Read More]

DealerTrack Revises Full-Year Guidance, Reports Fewer Network Transactions

Tuesday, Aug. 12, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — With sales down throughout the country, not only are automakers and dealers getting hurt, but so, too, are lenders and the platforms that rely on them to bolster profits. One such instance can be found in 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

AmeriCredit Cuts Originations Two-Thirds by Ceasing Certain Loan Products, More

Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — In AmeriCredit's latest moves to remain nimble in the current market atmosphere, the company's chief executive officer said in a conference call Wednesday that it has reduced originations over last year by two-thirds, ceased originations in Canada, ... [Read More]

Fitch Predicts Difficult Times Ahead for U.S. Dealer Floor Plan ABS

Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
NEW YORK and CHICAGO — The weakened U.S. economy, declining dealership profitability impacted by a stressed U.S. vehicle sales environment and the weak credit profiles of U.S. auto manufacturers will lead to worsening asset performance of U.S. auto-related dealer floor plan asset-backed ... [Read More]

ACIG Selects Peak5 to Service Auto Loan Portfolio

Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
DENVER, Colo. — Access Capital Investment Group recently acquired a $34 million auto loan portfolio and has chosen Peak5 to service and collect on the new loans. "We chose Peak5 to service this portfolio because they provide superior back end collection ... [Read More]

Floor Planner DSC Moves Headquarters, Adds Offices in New Markets

Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Dealer Services Corp., an inventory floor planning company based in Indiana, announced it is moving its corporate headquarters to a larger facility in the state. Thanks to of steady growth, both in the number of employees and overall ... [Read More]

HSBC Auto Finance Freezes Indirect Auto Lending

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
PROSPECT HEIGHTS, Ill. — During a Monday conference call to discuss half-year results, HSBC announced it has decided to exit the indirect auto finance business. "We're going to discontinue new auto loan originations via our indirect origination channel (or through dealers)," ... [Read More]

Chrysler Revamps Incentives to Make Purchasing More Attractive; Financial Arm Completes Funding Facility

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — As Chrysler shifts its focus from leasing to retail purchasing, the automaker announced that it is repackaging its incentives to make purchasing a vehicle more affordable. The new strategy includes 72-month finance deals on an expanded range ... [Read More]

ABI Expects Bankruptcies to Surge Past 1 Million by Year-End

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings increased 48 percent nationwide in July from the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. The overall July consumer ... [Read More]

Up2Drive.com Now a Financing Offering on Edmunds.com

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Group Financial Services of North America recently announced that up2drive.com has been selected as a finance offering on Edmunds.com. An auto financing Web site that features convenient loan services, up2drive.com is designed to empower consumers through ... [Read More]
X