Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Agora Data’s Matt Burke on becoming NAF Association president
Friday, Jun. 19, 2026, 01:00 AM
Agora Data’s Steve Burke was one of the founders of the National Automotive Finance Association 30 years ago. Now in 2026, Steve Burke’s son, Matt, not only is a top executive at Agora Data, but he is also now president ... Listen Here
Experian’s Melinda Zabritski discusses ongoing stretching of terms
Friday, Jun. 12, 2026, 09:35 AM
The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Tuesday, Jun. 2, 2026, 01:30 PM
Listen Here

Consumer Bankruptcies Spike in April

Tuesday, May. 6, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Mirroring widespread financial woes in the American economy, the number of the U.S. consumer bankruptcy filings are on a significant upswing, indicated recent findings. According to the American Bankruptcy Institute (using data from the National Bankruptcy Research Center), the ... [Read More]

Daimler Financial Expansion Set to Boost Texas Economy

Tuesday, May. 6, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — According to recent data from a research group, Daimler Financial Services Americas' upcoming expansion into north Texas could significantly bolster the area's economy and bring more than 200 new jobs. Insight Research of Dallas estimated that the ... [Read More]

Attorneys Offer Free Online Class-Action Lawsuit Prevention Seminar

Tuesday, May. 6, 2008, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Compli recently announced that two attorneys with industry expertise will be presenting a free online seminar discussing issues pertaining to class-action lawsuits. Aaron Jacoby of Venable, LLP, and Rob Cohen of Auto Advisory Services are hosting "Class Action ... [Read More]

Fiserv Acquires LOS Technology from Portellus

Tuesday, May. 6, 2008, 12:00 AM
Nick Zulovich
BROOKFIELD, Wisc. — Fiserv recently announced that it has purchased the rights to the Portellus loan origination system technology in an effort to streamline the origination of its mortgage, consumer and commercial loans to one program. "This technology brings opportunities that ... [Read More]

Auto Group Develops Unique Plan to Help Customers with Payments While Also Ramping Up Business

Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
JAMAICA, N.Y. — In response to the challenging economic times, one dealer has come up with a unique solution that not only helps customers with their payments, but also drives new business into the stores. What is the idea? Nemet Auto Group, based ... [Read More]

CPS Trims Contract Purchases as Delinquencies Increase

Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced a climb in managed receivables and took action to reduce contract purchases in the first quarter to better stay in line with the current economic environment. For the quarter, CPS said it purchased $176.1 ... [Read More]

USA Computer Systems Takes BHPH/Subprime DMS System to the Web

Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
TRENTON, Maine — USA Computer Systems' chief operating officer recently announced that in addition to accepting reservation dates for its early fall installation process, his company's DMS, The Answer, is going Web-based. Basically the company is moving from its current Microsoft ... [Read More]

Two Out of Three National Auto Lenders Cut Originations

Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One and Wells Fargo, two out of three national auto lenders SubPrime Auto Finance News reviewed, reported reductions in origination volume and tightened their auto lending standards during the first quarter. The last, Chase, interestingly enough, actually ... [Read More]

Ford Credit Takes Knock in 1Q Net Income

Tuesday, Apr. 29, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — A higher provision for credit losses, along with deeper depreciation expenses for leased vehicles, contributed to Ford Motor Credit reporting a drop in net income for the first quarter. The company recently posted net income of $24 million ... [Read More]

GMAC: Used Originations Remain Steady; Residuals Down

Tuesday, Apr. 29, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Results in the black for GMAC's global auto finance division and insurance business were unable to prevent the overall company from reporting a loss for the first quarter. GMAC Financial Services posted a net loss of $589 million, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X