Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

EFG Companies unveils F&I Profit Guarantee to bolster dealers’ bottom lines

Wednesday, Mar. 1, 2023, 03:40 PM
SubPrime Auto Finance News Staff
Oftentimes, compensation doesn’t arrive unless sales objectives are met or exceeded. EFG Companies is changing that situation. On Tuesday, EFG Companies announced the launch of F&I Profit Guarantee in which EFG compensates new clients if revenue goals are not met ... [Read More]

AutoAlert & 700Credit boost alliance for improved dealer experience

Wednesday, Mar. 1, 2023, 03:38 PM
SubPrime Auto Finance News Staff
AutoAlert and 700Credit announced an expanded integration alliance on Tuesday. With this new alliance, AutoAlert has incorporated 700Credit’s credit reports, compliance, and prescreen platforms into its CRM platform, AutoAlert CXM, to provide a “seamless” dealer experience. AutoAlert CXM is an ... [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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

4 potential reasons why younger consumers are delinquent

Tuesday, Feb. 28, 2023, 03:46 PM
SubPrime Auto Finance News Staff
An analysis by five experts at the Federal Reserve Bank of New York showed consumers in their 20s and 30s represent the age groups with the most auto finance contracts 90 days or more past due. Those fourth-quarter findings are ... [Read More]

FTC sees annual fraud figure jump by more than 30%

Monday, Feb. 27, 2023, 04:48 PM
SubPrime Auto Finance News Staff
Newly released Federal Trade Commission data showed that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30% year-over-year. The FTC said consumers reported losing more money to investment scams — more than $3.8 ... [Read More]

9 finance companies asked to share info for CFPB auto finance data pilot

CFPB seeking more data about repossessions & contract modifications
Friday, Feb. 24, 2023, 02:44 PM
SubPrime Auto Finance News Staff
The next step in building what the Consumer Financial Protection Bureau is calling its auto finance data pilot put the onus on nine finance companies. According to a bureau blog post pushed online Thursday, the CFPB said it issued orders ... [Read More]

4 firms dissect current trends that could impact auto financing

Lendbuzz gains $100M warehouse facility through MUFG
Thursday, Feb. 23, 2023, 03:44 PM
Nick Zulovich, Senior Editor
Experts from Cox Automotive, The Conference Board, iLending, S&P Global Ratings recently articulated several ingredients that could create headwinds for the auto finance market during the rest of the year. The ingredients ranged from the bandied about trends connected with ... [Read More]

Auto defaults rise for 9th time in 11 months

20230221-experian-graph for web
Tuesday, Feb. 21, 2023, 03:50 PM
SubPrime Auto Finance News Staff
Interest rates have been rising for more than a year, and auto defaults are on a similar trajectory. S&P Dow Jones Indices and Experian now have seen auto defaults climb nine times in the past 11 months. According to data ... [Read More]

LexisNexis Risk Solutions survey emphasizes alternative data importance in subprime

lexis nexis charts for web
Monday, Feb. 20, 2023, 04:51 PM
SubPrime Auto Finance News Staff
New research from LexisNexis Risk Solutions reinforced how the use alternative data often focuses on deep subprime, subprime and near-prime consumers Last week, LexisNexis Risk Solutions unveiled the findings of its Alternative Credit Data Impact Report, a nationwide survey assessing ... [Read More]

PODCAST: APCO Holdings CEO Tony Wanderon

ARPodcast800x495
Friday, Feb. 17, 2023, 03:00 PM
SubPrime Auto Finance News Staff
Tony Wanderon had a busy start to 2023, highlighted by becoming CEO of APCO Holdings after it acquired National Auto Care (NAC). Wanderon spent some time during NADA Show 2023 in Dallas for this episode of the Auto Remarketing Podcast ... [Read More]

PODCAST: Promoting F&I products before customers are ‘in the box’

Paul McCarthy for web
Friday, Feb. 17, 2023, 02:55 PM
SubPrime Auto Finance News Staff
Paul McCarthy returned for another episode of the Auto Remarketing Podcast, this time as vice president of sales, key accounts, at Protective Asset Protection. McCarthy took time during NADA Show 2023 in Dallas to share his perspectives on the current ... [Read More]
X