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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

Formula Automotive rolls out warranty reimbursement services

Monday, Aug. 14, 2023, 12:03 PM
SubPrime Auto Finance News Staff
Formula Automotive Consulting and Technologies, a new company specializing in warranty reimbursement for automotive dealers, announced the official launch of its consultative services. Spearheaded by fixed operations experts, Formula Automotive looks to solve the pain point of warranty rate disparity ... [Read More]

TransUnion spots 2 possible upbeat trends from Q2

Friday, Aug. 11, 2023, 10:47 AM
SubPrime Auto Finance News Staff
Perhaps two trends from the auto segment of the Q2 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion might calm finance companies on the risk front. TransUnion reported the average amounts financed for new vehicles have stabilized year-over-year, while ... [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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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ARA hires Tony Long as new executive director  

Thursday, Aug. 10, 2023, 10:10 AM
SubPrime Auto Finance News Staff
The American Recovery Association previously stated that the organization’s next executive director would have to possess eight distinct characteristics, including industry experience, public speaking ability and more. The ARA found its next professional leader, announcing well-known industry figure Tony Long ... [Read More]

Davis+Gilbert achieves Mansfield Certification Plus

Wednesday, Aug. 9, 2023, 12:08 PM
SubPrime Auto Finance News Staff
Davis+Gilbert announced that the law firm has achieved Mansfield Certification Plus status as part of its ongoing commitment to diversity, equity and inclusion (DEI). The firm highlighted its Certification Plus status indicates that, in addition to meeting the consideration and ... [Read More]

KBB: July marks smallest uptick in new-model retail prices in 10 years

car and money 1406114906
Wednesday, Aug. 9, 2023, 12:05 PM
SubPrime Auto Finance News Staff
New vehicles might still be out of reach for many customers who land in the subprime credit tier. But the latest data from Kelley Blue Book showed that perhaps the prospects for putting a subprime consumer into a new model ... [Read More]

3 executive moves at EFG Companies

Tuesday, Aug. 8, 2023, 11:58 AM
SubPrime Auto Finance News Staff
After recently highlighting an employee survey about its positive workplace, EFG Companies expanded its leadership team on Tuesday, reflecting growth opportunities in powersports, dealership training, and profit participation programs. Among the three executive moves, EFG said Adam Ouart has been ... [Read More]

APCO Holdings recaps finalizations of 4 acquisitions

merger and acquisition pic on table
Monday, Aug. 7, 2023, 11:33 AM
SubPrime Auto Finance News Staff
It’s been a busy year on the acquisition front for APCO Holdings. On Monday, the provider and administrator of automotive F&I products and home to the EasyCare, National Auto Care, GWC Warranty and MemberCare brands recapped that it has completed ... [Read More]

TransUnion cautious about potential ‘payment shock’ when student loan payments restart

budget struggle
Monday, Aug. 7, 2023, 11:13 AM
SubPrime Auto Finance News Staff
A portion of the contract holders in your outstanding auto finance portfolio might be facing an additional major payment obligation next month when forbearance for federal student loans expires. And TransUnion reported 36% of consumers already holding student loan debt ... [Read More]

F&I Sentinel hires Hendriks as director of product strategy

Friday, Aug. 4, 2023, 10:21 AM
SubPrime Auto Finance News Staff
The newest hire by F&I Sentinel brings with him more than 30 years of professional experience in numerous roles at organizations including Flagship Credit, Wells Fargo, Fiserv, Sagent Lending and defi SOLUTIONS. This week, the compliance and regulatory risk mitigation ... [Read More]

CFPB notices violations involving collections & interest paid

collections
Wednesday, Aug. 2, 2023, 11:42 AM
SubPrime Auto Finance News Staff
Along with recapping the regulator’s notable activities associated with auto financing, the latest Supervisory Highlights report from the Consumer Financial Protection Bureau (CFPB) also touched on debt collection. The CFPB reiterated that it has supervisory authority to examine certain institutions ... [Read More]
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