Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Turbocharged Finance
Presented by
DigniFi names chief product officer
DigniFi announced the appointment of Jefim Piekarz as chief product officer on Tuesday. The fintech company specializing in access to automobile, powersports and RV repair financing said Piekarz will lead DigniFi’s product and engineering teams, advancing product strategy, technology development, ... Read More
Maritczak brings experience from EY & Ally to PCMI
PCMI continued to revamp its executive team on Tuesday. The provider of lender compliance technology and F&I administration software added Alex Maritczak as senior director of business development, bringing more than 30 years of automotive finance and financial services experience ... Read More
Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
Used Car Week Hall of Fame: Grace Huang of Cox Automotive
We begin our series featuring the 2026 Used Car Week Hall of Fame honorees with Grace Huang, president of Cox Automotive Inventory Solutions, who joins Cherokee Media Group’s Joe Overby for a conversation about her career journey, the value of ... Listen Here
Ben Sporn of VIP Automotive Group Takes DIY Approach to AI
Ben Sporn is the chief marketing officer of VIP Automotive Group on Long Island, N.Y. , where he runs operations and artificial intelligence projects at his family’s 10-store dealer group. He also has a tech background, having worked for Google ... Listen Here
SPONSORED PODCAST: Securing the Vehicle Handoff with Secure Vehicle Transfer
In this episode of the Auto Remarketing Podcast, Bill Zadeits speaks with Lainey Sibble and Eric Schwartz from Central Dispatch about the newest technology impacting vehicle transport: Secure Vehicle Transfer. Learn more about this impactful technology and how it’s helping ... Listen Here

GM, Chrysler Go National with Credit Union Partnership to Drive More Sales

Nick Zulovich
LANSING and DEARBORN, Mich. — Both General Motors and Chrysler announced this week that they are going national with their "Invest in America" credit union partnership to get more customers behind the wheels of domestic vehicles. GM announced Wednesday that it ... [Read More]

NowCom Teams Up with Experian to Provide AutoCheck

Nick Zulovich
LOS ANGELES, Calif. — Nowcom recently announced the integration of the AutoCheck vehicle history reporting service from Experian Automotive into its Dealer Desktop auto dealer software solution. This integration allows Nowcom's independent dealers to run AutoCheck vehicle history reports on their ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
Read More

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
Read More

Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
Read More

Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
Read More

Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
Read More

AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
Read More

The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
Read More

Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
Read More

First Advantage CREDCO Now Offers Dealers Breakdowns of Demographic, Lifestyle Info, More on Consumers

Nick Zulovich
POWAY, Calif. — Earlier this week, First Advantage CREDCO announced it is introducing a consumer information decisioning product called Credit Advantage to help dealers. Offered exclusively from First Advantage CREDCO, Credit Advantage delivers consumer data beyond essential credit scoring indicators, providing ... [Read More]

Bank of America Joins RouteOne’s eContracting Platform; Aimbridge Integration Begins

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

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

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

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

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]

ABI: Tenn. Showed Highest Annual Per Capita Bankruptcy Filing Rate

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

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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X