Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Industry Elite: Tony Rimas of XPEL
Tuesday, Mar. 31, 2026, 07:40 PM
Concluding our inaugural Industry Elite: The C-Suite honoree series is a conversation with Tony Rimas, who is vice president of global revenue at XPEL Inc. Rimas — an avid biker who swam and ran track & field and cross country ... Listen Here
Industry Elite honoree Mike Thomas of Resolvion on building his career — literally
Thursday, Mar. 26, 2026, 02:23 PM
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Thomas, who is chief executive officer of Resolvion. Thomas shares memories with Cherokee Media Group senior editor Nick Zulovich about working in construction and ... Listen Here
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 05:01 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here

Former Credit Acceptance Exec Joins Guidepoint as Sales Director

Thursday, Oct. 16, 2008, 12:00 AM
Nick Zulovich
PONTIAC, Mich. — Guidepoint Systems, a supplier of GPS-based vehicle services, announced the addition of a sales director for its auto finance channel. Taking on the position is Werner Scherz. Officials indicated that Scherz's primary role will be to help expand awareness ... [Read More]

GMAC Places Tight Reins on Auto Loan Approvals

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
DETROIT — Late yesterday, GMAC Financial Services announced it has significantly tightened underwriting requirements for its auto loans on an indefinite basis. More specifically, the changes include limiting purchases to contracts with a credit score of 700 or above. Additionally, the ... [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

AFSA: Most Auto Finance Companies Have Not Changed Lending Criteria

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Chris Stinebert, president and chief executive officer for the American Financial Services Association, recently spoke out, responding to the current debate about whether it has become harder for dealers to finance customers. "AFSA wishes to dispel the rumor ... [Read More]

PIN Details Impact of Credit Crisis on Auto Financing Statistics

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — Power Information Network recently identified some ways the national credit crisis is impacting the new-vehicle industry. For instance, the down payment on a non-luxury finance transaction has jumped almost $1,000 during the last week of September over ... [Read More]

Capital One to Cease Floor Planning in Two States

Tuesday, Oct. 14, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One notified dealers in New York and New Jersey in August that it made a business decision to discontinue dealer floor plan financing, effective Nov. 15, 2008, a company spokesperson explained to SubPrime Auto Finance News this ... [Read More]

Experian Automotive Takes an In-Depth Look into Auto Finance Trends

Thursday, Oct. 9, 2008, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Taking an in-depth look into Experian Automotive's Auto Finance Study called "Riding Out the Storm," SubPrime Auto Finance News discovered some important trends, including the fact that auto loan delinquencies are climbing, with more than $25 billion past ... [Read More]

Fed: Average Auto APR Springs Back, LTV Drops

Thursday, Oct. 9, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — After the average interest rate on new-car loans at auto finance companies dropped significantly to 3.28 percent in July, this measurement bounced back to 5.11 percent in August, according to the latest statistics released by the Federal Reserve ... [Read More]

Universal Special Auto Finance Joins AFSA

Thursday, Oct. 9, 2008, 12:00 AM
Nick Zulovich
GREENWOOD VILLAGE, Colo. — The American Financial Services Association recently welcomed among its nationwide membership Universal Special Auto Finance and apparently wasted no time in tapping Universal's chief executive officer John Scordo to serve on its Vehicle Finance Advisory Board. "AFSA ... [Read More]

MenuVantage Now Offers Red Flags Help for Dealers

Thursday, Oct. 9, 2008, 12:00 AM
Nick Zulovich
ORLANDO, Fla. — MenuVantage announced it has incorporated a no-cost Red Flags Rule compliance solution that is seamlessly integrated into its menu-selling software and embedded into the sales process. MenuVantage's Red Flags Rule solution is an automated compliance solution that can help ... [Read More]

AmeriCredit Announces Securitization

Tuesday, Oct. 7, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Despite a tough securitization market, AmeriCredit announced this morning that it priced a $500 million offering of primarily subprime auto receivables-backed securities under its AmeriCredit Automobile Receivables Trust platform. The pricing took place on Monday, officials noted, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X