Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

CBA Automobile Finance Conference Unveils Keynote Speaker, Details

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
ARLINGTON, Va. — The Consumer Bankers Association announced the keynote speaker for its 29th Premier Automobile Finance Conference & Tradeshow in addition to several other event details. Delivering the keynote address will be Mike Jackson, the chairman and chief executive officer ... [Read More]

RouteOne Introduces New Red Flags Compliance, Fraud-Prevention Solution

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne has launched a new tool, powered by TransUnion, that can help dealers comply with the Federal Trade Commission's Red Flags Rule and also protect themselves from fraud. As most know, enforcement of the Red Flags Rule, ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
Read More

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More

Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More

GDNAuto Expands Loan Portfolio Offers

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES and ALAMO, Calif. — Global Debt Network Automotive told SubPrime Auto Finance News recently that it has added two new loan portfolios for purchase on GDNAuto.com. Among these are a $24 million from a finance company in Michigan and a $21,000 subprime ... [Read More]

Crossbow Group Launches Payment Assurance Tool

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — The Crossbow Group, Inc., recently introduced a new single-source clearinghouse solution for payment assurance systems that is specifically designed for the auto retail and finance industries. Basically, the ReCaP Solution can help lenders boost sales and ensure ... [Read More]

GMAC Confirms It’s Going for Bank Status, Halts Auto Loans in Several Countries

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
NEW YORK — GMAC Financial Services confirmed today that it is in discussions with federal regulatory authorities seeking bank holding company status under the Bank Holding Company Act of 1956, among other things. As a bank holding company, GMAC explained that ... [Read More]

CEO Talks about Goals for Daimler Financial During Official Launch of Ops Center

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Daimler Financial Services Americas officially launched its new, cutting-edge, 164,000-square-foot operations center this week, which employs 550 people and has the capacity for 800. During an outdoor celebration that included all Texas employees, U.S. Congresswoman Kay Granger, ... [Read More]

Completion of Whole-Loan Sale Hurts 3Q Results for CPS

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — In reporting its third quarter results, Consumer Portfolio Services announced a loss, indicating that the company took a hit from its whole-loan sale in September. Basically, officials explained that CPS incurred a loss on the transaction as the ... [Read More]

NADA Cautions Dealers to Be Alert for Fraud Scheme

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — The National Auto Dealers Association issued a fraud alert this week, saying that the U.S. Department of the Treasury is investigating cases where individuals are using counterfeit documents that appear to be issued by the Treasury Department to ... [Read More]

Fitch: Subprime Auto ABS Soar to 11-Year High

Tuesday, Oct. 28, 2008, 12:00 AM
Nick Zulovich
NEW YORK — While delinquencies on prime auto asset-back securities remained stable in September, subprime auto ABS delinquencies were a completely different story. Fitch Ratings announced today that that subprime delinquencies have reached an 11-year high, possibly paving the way for ... [Read More]

First Advantage CREDCO Launches Stacked Credit Report for RouteOne Dealers

Tuesday, Oct. 28, 2008, 12:00 AM
Nick Zulovich
POWAY, Calif. — First Advantage CREDCO announced the integration of a new stacked credit report with RouteOne. The stacked credit report, which delivers separate credit reports from one, two or all three national credit bureaus in a single transaction, can help ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X