Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
Bain Survey: Few Companies Ready for Sustainability Rules (24%) Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

Latest CFPB Supervisory Highlights reveals close look at auto finance

compliance pic
Wednesday, Aug. 2, 2023, 11:41 AM
SubPrime Auto Finance News Staff
Last week, the Consumer Financial Protection Bureau (CFPB) released its latest Supervisory Highlights report. Officials said they found unfair, deceptive, and abusive acts or practices across many consumer financial products, including auto financing. When getting into specific findings, the CFPB ... [Read More]

SAFCO reveals CFO transition, tapping former GLS & Exeter executive

AutoCanada Announces Board Appointments
Tuesday, Aug. 1, 2023, 09:38 AM
SubPrime Auto Finance News Staff
Southern Auto Finance Co. (SAFCO) has a new chief financial officer. On Monday, the finance company announced the transition of Jason Person becoming SAFCO’s new CFO. Person succeeds Gary Stein, who is retiring after 22 years at SAFCO. According to ... [Read More]

ComplyAuto rolls out encryption tool for dealers collecting NPI

Monday, Jul. 31, 2023, 11:46 AM
SubPrime Auto Finance News Staff
Saying “just text it to me,” might be OK when asking for something harmless from a friend or family member. But asking potential vehicle buyers to send non-public information (NPI) over text messages, emails and other insecure methods to dealership ... [Read More]

Solutions by Text to host conference focused on payments, regulation & more

Monday, Jul. 31, 2023, 11:45 AM
SubPrime Auto Finance News Staff
Solutions by Text (SBT) announced highlights of its upcoming conference focused on accelerating revenue through the convergence of real time payments within rich messaging experiences, preparing finance companies for 2024 regulatory changes and more. Its FinText Conference also includes leading ... [Read More]

Westlake highlights success of AI and ML tool

Friday, Jul. 28, 2023, 12:11 PM
SubPrime Auto Finance News Staff
Westlake Financial recently shared how much the finance company is using artificial intelligence and machine learning nowadays. According to a news release, Westlake’s proprietary AI and ML tool, Visorbot, computes 800,000 applications per day. In a single month, Westlake said ... [Read More]

2 hopeful thoughts for automotive even as interest rates rise another 25 basis points

interest rate picture new
Friday, Jul. 28, 2023, 12:04 PM
Nick Zulovich, Senior Editor
The Federal Reserve raised interest rates another 25 basis points this week to leave the federal funds rate at 5.25-5.5%. But two leading automotive economists as well as another top industry analyst remain hopeful on two important fronts for dealerships ... [Read More]

PODCAST: Where finance companies now are seeking human expertise

Wednesday, Jul. 26, 2023, 12:09 PM
SubPrime Auto Finance News Staff
Automotive Personnel founder Don Jasensky paid another visit to be on the Auto Remarketing Podcast for a discussion about the employment front. Jasensky shared his perspectives with Cherokee Media Group’s Nick Zulovich about which departments finance companies are looking to ... [Read More]

PassTime recaps 2 recent cases of aiding law enforcement

Wednesday, Jul. 26, 2023, 12:08 PM
SubPrime Auto Finance News Staff
PassTime might not have a badge, but the GPS solutions provider was recently involved in a pair of incidents where the company provided crucial assistance to law enforcement. Through a post on its website and another on social media, PassTime ... [Read More]

PODCAST: Experian on the ‘new normal’ of auto finance data

Tuesday, Jul. 25, 2023, 10:15 AM
SubPrime Auto Finance News Staff
Experian senior director of automotive financial solutions Melinda Zabritski came back for another visit on the Auto Remarketing Podcast. Cherokee Media Group’s Nick Zulovich asked Zabritski if auto finance data is “normal” again after pandemic anomalies. Listen to Zabritski’s intriguing ... [Read More]

CPS cheers PayNearMe integration with Cash App Pay

man-on-phone
Monday, Jul. 24, 2023, 12:26 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services chief operating officer Mike Lavin explained why PayNearMe now being natively integrated with the Cash App Pay is good for the subprime auto finance company. “The addition of Cash App Pay will give our customers even more ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X