Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Used Car Week Hall of Fame honoree Jared Kalfus of Black Book
We finish our series featuring the 2026 Used Car Week Hall of Fame honorees with a conversation featuring Black Book president Jared Kalfus. Kalfus describes what it takes to be successful in sales and why face-to-face conversations are still vitally ... Listen Here
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here

CNW: FICO Scores Climb for All Buyers, Leasing Impacted as Well

Nick Zulovich
BANDON, Ore. — While some automaker captives say that their criteria remains the same for approving auto loans, CNW Research reported this week that there are, indeed, some differences. Apparently, these financial institutions have altered the number of loans that fall ... [Read More]

Cash Transactions for GM Models Climb

Nick Zulovich
WESTLAKE VILLAGE, Calif. — Recent data from Power Information Network discovered that cash transactions for General Motors models have jumped considerably, which may indicate that these dealers are having a tough time getting financing for their customers. "GM's proportion of cash ... [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

Edmunds.com: Credit to Buy Still Available with Caveats

Nick Zulovich
SANTA MONICA, Calif. — While Jesse Toprak, of Edmunds.com, reports that the credit market is tighter than several months ago, he also indicates that credit is available for buyers. In fact, he attributes fewer sales more to the media than anything ... [Read More]

PROCON to Merge with DriveOK

Nick Zulovich
KNOXVILLE, Tenn., and SAN DIEGO, Calif. — PROCON Inc., a leader in mobile resource management solutions, and DriveOK, a fast growing small fleet, buy-here, pay-here GPS tracking equipment and services provider, recently announced that the companies will merge. The merger enables PROCON, ... [Read More]

Westlake Financial Enters New Jersey

Nick Zulovich
LOS ANGELES — Westlake Financial Services announced it is expanding into the New Jersey market. The company now originates automotive loan contracts in a total of 35 states throughout the U.S. New Jersey contracts began being accepted on Nov. 1. Mark ... [Read More]

NAF Association to Host Update on Non-Prime Auto Industry

Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association, J.D. Power and Associates, in addition to TransUnion, are teaming up for a Webinar Nov. 19 at 2 p.m. EST that looks at the status of the non-prime auto finance industry. "Non-Prime Auto ... [Read More]

Comerica: Average New Vehicle More Expensive

Nick Zulovich
DALLAS — The purchase of an average-priced new vehicle took 24.1 weeks of median family income in the third quarter, according to the Auto Affordability Index compiled by Comerica Bank. The latest reading is up one week from the second quarter, ... [Read More]

Good News from Subprime Lenders

Nick Zulovich
Bankruptcies are at a three-year high, jobless claims at a 14-year high and both are increasing. So, what are the subprime lenders doing to remain profitable? What can you do to guarantee the survival of these needed financing sources? And ... [Read More]

Subprime Pullback Means Big Business for BHPH Dealers

Nick Zulovich
HOUSTON — Many subprime lenders are tightening their business and trimming back on dealer relationships, which is a boon to buy-here, pay-here dealers as many customers who normally went the more traditional finance route are now being pushed into these stores. ... [Read More]

Ford Credit Posts Net Income of $98 Million

Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit's chief executive officer said he expects the market to remain "extraordinarily challenging." For the third quarter, the company reported net income of $95 million, down $239 million from earnings of $334 million a year earlier. ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X