Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here

ADI Introduces Online Classes

Nick Zulovich
SCOTTSDALE, Ariz. — The Automotive Dealers Institute announced it is expanding its traditional classroom to include an online program, which is designed to meet the needs of busy dealership professionals. After two years in development, the program now gives students the option to ... [Read More]

Capital One Auto Finance Looks for Deeper Market Penetration

Nick Zulovich
McLEAN, Va. — Capital One Auto Finance's involvement in the auto lender market has expanded throughout the years since the company first entered the business in 1998 with the purchase of subprime lender Summit Acceptance Corp. Not long after first ... [Read More]

CheckVelocity Offers Several Programs Designed to Improve Collection Procedures

Nick Zulovich
NASHVILLE, Tenn. — CheckVelocity recently began partnering with auto finance companies, including buy-here, pay-here dealerships, to facilitate collection procedures. CheckVelocity said it has several programs, including VerifyNow, PayNow and RecoveryNow, which were created to verify a payment is valid once ... [Read More]

AWG Remarketing Launches SubPrime Pro in V3 System

Nick Zulovich
IRVINE, Calif. — AWG Remarketing (www.awgremarketing.com  and www.bidiax.com) recently launched SubPrime Pro in its V3 used car inventory optimization system. Brad Greenwald, chief executive officer of AWG, said V3 is a system that allows dealers to manage all aspects of ... [Read More]

MAFS General Manager Decker Discusses Expansion, Services

Nick Zulovich
ATLANTA — Manheim Automotive Financial Services recently announced the addition of a satellite office located on the north side of Jacksonville, Fla. MAFS General Manager Kathy Decker said the new location was launched to extend the company's reach into areas ... [Read More]

Several Lenders Share Tips, Insights at Leedom’s Special Finance, BHPH Conference

Nick Zulovich
LAS VEGAS — Representatives from lenders such as HSBC, Credit Union Direct Lending, Westlake Financial and Tidewater  discussed their business practices and shared tips with dealers on developing lender relationships at Leedom and Associates' 11th Annual National Special Finance and ... [Read More]

AppOne’s CEO Shares Details of RouteOne Partnership

Nick Zulovich
BATON ROUGE, La., and FARMINGTON HILLS, Mich. — While AppOne started discussions with RouteOne about 90 days ago, AppOne's chief executive officer said a deal was only broached seriously about three weeks ago. Independent dealers will benefit from the partnership ... [Read More]

Chase Auto Finance Opens New Subprime Center

Nick Zulovich
PASADENA, Calif. — Chase Auto Finance recently announced it has opened a new Custom Finance Business Center to meet the subprime financing needs of Los Angeles area dealers. Throughout California, Chase provides a full spectrum of services to dealers through ... [Read More]

Finance Express President Shares Benefits of RouteOne Partnership

Nick Zulovich
RANCHO SANTA MARGARITA, Calif., and FARMINGTON HILLS, Mich. — Finance Express and RouteOne executives first began discussing an alliance a year and a half ago; however, it wasn't until the last month or so that the two companies entered into ... [Read More]

Carbiz Plans Expansion to 15 Stores, New CFO Named

Nick Zulovich
SARASOTA, Fla. — Carbiz recently announced plans to expand from three stores to 15, in addition to appointing Stanton Heintz as the company's chief financial officer. The company specializes in the buy-here, pay-here segment of the market in Florida. "We ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X