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What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here

Smoke compiles playlist as Fed weighs another rate hike

Friday, Apr. 28, 2023, 10:49 AM
SubPrime Auto Finance News Staff
Cox Automotive chief economist Jonathan Smoke is not only passionate about the financials that make the automotive industry and the economy function. He’s also passionate about music; so much so that he’s a DJ on the side. On Friday, Smoke ... [Read More]

Springtime auto default cycle reappears

Thursday, Apr. 27, 2023, 10:13 AM
SubPrime Auto Finance News Staff
Perhaps cyclical improvements in auto finance defaults during the springtime are making a notable return. According to data through March for the S&P/Experian Consumer Credit Default Indices, S&P Dow Jones Indices and Experian reported the auto default rate dropped 7 ... [Read More]

Newest Open Lending survey reinforces importance of return on assets

hovering bar graph picture
Wednesday, Apr. 26, 2023, 11:52 AM
SubPrime Auto Finance News Staff
Open Lending Corp. recently released initial findings from a survey polling 95 leaders at credit unions, banks and captive finance companies of all sizes in an effort to illuminate the challenges financial institutions are facing in 2023 and how they ... [Read More]

DDI Technology brings ELT services to Indiana

indiana
Wednesday, Apr. 26, 2023, 11:50 AM
SubPrime Auto Finance News Staff
DDI Technology (DDI), a leading automotive title management firm and a subsidiary of IAA Holdings, recently announced the launch of its electronic lien and title (ELT) services in Indiana. Officials said the Hoosier State now is the 28th state to ... [Read More]

Exeter Finance partners with F&I Sentinel to implement compliance solution

compliance
Monday, Apr. 24, 2023, 11:04 AM
SubPrime Auto Finance News Staff
Last week F&I Sentinel announced that it has entered into an agreement with Exeter Finance. According to a news release, the agreement provides Exeter Finance with F&I Sentinel’s comprehensive end-to-end F&I product platform to ensure that F&I products financed by ... [Read More]

KBRA offers update on securitization performance & US Auto Sales status

Monday, Apr. 24, 2023, 11:01 AM
SubPrime Auto Finance News Staff
Along with giving an update on its views of securitizations by U.S. Auto Sales, which is going through some operational turmoil, KBRA highlighted March remittance reports showed further seasonal improvement in credit performance across prime and non-prime pools during the ... [Read More]

Crédito Real USA Finance gains new Mexican ownership

merger and acqusition red greeen and white_13_0 (1)
Friday, Apr. 21, 2023, 10:29 AM
SubPrime Auto Finance News Staff
Crédito Real USA Finance (CRUSAFin) — whose roots stem from AFS Acceptance that began originating subprime auto financing with independent dealerships more than 15 years ago — gained new ownership this week. Bepensa Capital announced through a news release that ... [Read More]

Advanced Dealer Solutions taps Osborne as GM

new hire 2
Friday, Apr. 21, 2023, 10:29 AM
SubPrime Auto Finance News Staff
This week, Advanced Dealer Solutions welcomed Bruce Osborne as general manager, bringing three decades of experience serving the F&I industry in a variety of roles since making his start in automotive retail. The full-service, dealer development agency focused on automotive, ... [Read More]

FTC extends public comment period involving proposed rule over noncompete clauses

FTC seeks additional annual funding for employees & IT resources
Monday, Apr. 17, 2023, 11:44 AM
SubPrime Auto Finance News Staff
Perhaps in part because of concerns raised by the National Independent Automobile Dealers Association, U.S. Chamber of Commerce and dozens of other associations, the Federal Trade Commission is allowing for more time to receive information regarding its proposed rule to ... [Read More]

23 awards given during ARA Convention & NARS 2023

Thursday, Apr. 13, 2023, 04:30 PM
SubPrime Auto Finance News Staff
Last week’s repossession industry events hosted by the American Recovery Association included the awarding of 23 honors by the organization as well as DRN. First during ARA’s 59th annual convention, the association gave the following honors: Key Award Marcus Potter ... [Read More]
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