TruDecision’s Parry defends current status of subprime auto finance
Monday, May. 11, 2026, 11:52 AM
Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’
Tuesday, May. 12, 2026, 10:08 AM
NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award
Friday, May. 8, 2026, 10:56 AM
This Month's Focus
Artificial Intelligence
Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
Tuesday, May. 12, 2026, 01:47 PM
SPONSORED EPISODE: Know your Buyer & Grow your Lot
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
Tuesday, May. 12, 2026, 09:20 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Wednesday, Apr. 29, 2026, 03:54 PM
Bank of America Joins RouteOne’s eContracting Platform; Aimbridge Integration Begins
Thursday, Jan. 8, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently announced that Bank of America is now participating on its eContracting platform. Moreover, the company has launched the first phase of its integration with Aimbridge Lending Solutions so that dealers can now send credit applications for ... [Read More]
DealerTrack Trims Employee Count, Including Senior Execs
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — On Monday, DealerTrack announced a realignment of its work force, which includes reducing the work force by approximately 90 people, or 8 percent, in addition to trimming several executive and senior-level positions. The company currently anticipates annualized salary ... [Read More]
Wells Fargo Cuts 53 Employees at Arizona Auto Loan Center
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
SAN FRANCISCO — As part of its anticipated merger with Wachovia, Wells Fargo confirmed that 53 employees at its auto loan center in Tempe, Ariz., were cut. As earlier reported by SubPrime Auto Finance News, Wachovia Dealer Services is now handling the ... [Read More]
Annual Consumer Bankruptcies Climb by Double-Digits
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — According to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center, U.S. consumer bankruptcy filings jumped by nearly 33 percent nationwide in 2008 from the previous year. The data showed that the overall ... [Read More]
GMAC Expands Credit Spectrum of Auto Financing
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services announced it has resumed auto financing for a broader spectrum of U.S. customers as a result of expanded access to funding as a bank holding company. The company said it has modified its credit criteria to ... [Read More]
TransUnion.com: Annual 60-Plus Day Auto Delinquency Climb to Continue
Tuesday, Dec. 16, 2008, 12:00 AM
Nick Zulovich
CHICAGO — On Monday, TransUnion.com released its third-quarter analysis of auto lending trends. TransUnion.com found that the national 60-day auto delinquency rate (the ratio of auto loan borrowers 60 or more days past due) increased between the second and third quarter ... [Read More]
Manchester Inc. Emerges from Chapter 11 as Navigator Holdings
Tuesday, Dec. 16, 2008, 12:00 AM
Nick Zulovich
ATLANTA — Apparently, as of June, Manchester Inc. is now known as Navigator Holdings, according to a statement that came out Monday. The company and its subsidiaries emerged from Chapter 11 bankruptcy protection June 23, 2008. "Pursuant to the terms of ... [Read More]
ABI: Tenn. Showed Highest Annual Per Capita Bankruptcy Filing Rate
Tuesday, Dec. 16, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Looking at third-quarter and nine-month bankruptcy statistics, the American Bankruptcy Institute reported that the 292,291 total of U.S. bankruptcies filed during the third quarter represent a 34-percent increase over the 218,909 cases filed over the same period in ... [Read More]
AmeriCredit Names New Board Director
Tuesday, Dec. 16, 2008, 12:00 AM
Nick Zulovich
FORT WORTH — AmeriCredit recently announced a new member to its board of directors, in addition to retiring $108 million of senior notes due 2015. Becoming a board director is Bruce Berkowitz, meaning AmeriCredit now has 10 board directors. Offering a ... [Read More]
SubPrimeNews.com Continues Double-Digit Growth, Names Top 15 2008 Articles
Tuesday, Dec. 16, 2008, 12:00 AM
Nick Zulovich
CARY, N.C. — Along with sharing the top 15 most-read online stories of 2008 and site growth statistics, the SubPrime Auto Finance News staff wishes all its readers a wonderful holiday season. After today, SubPrime Update is going on hiatus until ... [Read More]
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