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Smoothing dealer path to buying cars from consumers with Anthony Monteiro of AutoAcquire AI
Monday, Jan. 19, 2026, 05:57 PM
More dealers are seeking inventory by buying directly from consumers. But some managers are still struggling with how to best execute a plan. To help dealers of all sizes in various markets, AutoAcquire AI CEO Anthony Monteiro appeared on the ... Listen Here
Appetite for used commercial vehicles with Kathryn Schifferle of Work Truck Solutions
Friday, Jan. 16, 2026, 05:37 PM
Work Truck Solutions founder Kathryn Schifferle appeared on the Live Stage presented by SYCN Auto Logistics during Used Car Week 2025. Schifferle discussed key trends driving demand for used work trucks and vans with Cherokee Media Group’s Joe Overby. The ... Listen Here
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

2023 Women in Collections and Recoveries honorees

Wednesday, Mar. 8, 2023, 05:12 PM
SubPrime Auto Finance News Staff
Cherokee Media Group on Wednesday announced this year’s honorees for the Women in Collections and Recoveries award program presented by American Recovery Service. The Women in Collections and Recoveries award program received nominations nationwide for women in various roles within ... [Read More]

MBSi & SCUSA partner to eliminate agency recovery fees

Wednesday, Mar. 8, 2023, 05:10 PM
SubPrime Auto Finance News Staff
MBSi made what it described as a “milestone” announcement on Wednesday involving what it called a “major client.” As a result of in-person meetings, the provider of repossession assignment management and compliance management solutions said Santander Consumer USA has decided ... [Read More]

Advanced Dealer Solutions now part of Zurich North America’s network of F&I agencies

Wednesday, Mar. 8, 2023, 05:09 PM
SubPrime Auto Finance News Staff
This week, Advanced Dealer Solutions (ADS) announced it has signed on to represent the Zurich suite of protection products to its current and future auto and powersports dealers. ADS is a dealer development agency based in Richfield, Ohio, with specialties ... [Read More]

Crescent Bank taps Open Lending to accelerate approval process

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Wednesday, Mar. 8, 2023, 05:09 PM
SubPrime Auto Finance News Staff
Open Lending finalized a partnership on Tuesday with Crescent Bank, an institution offering auto financing to consumers across 32 U.S. states. As rising interest rates and vehicle prices inhibit access to vehicle ownership for consumers in near- and non-prime credit ... [Read More]

3 economists upbeat about current employment scene

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Tuesday, Mar. 7, 2023, 03:09 PM
SubPrime Auto Finance News Staff
Cox Automotive chief economist Jonathan Smoke as well as Comerica Bank chief economist Bill Adams and senior economist Waran Bhahirethan offered perhaps some reassuring assessments of what the overall employment landscape looks like. All three shared their perspectives ahead of ... [Read More]

Cox Automotive cautious about taking ‘sky is falling’ approach with repossessions

Smoke sees subprime delinquency & defaults rising
Friday, Mar. 3, 2023, 04:04 PM
SubPrime Auto Finance News Staff
While acknowledging there has been some portfolio softening, Cox Automotive chief economist Jonathan Smoke cautioned about taking an approach “to create the view that the sky is falling.” Smoke explained his reasoning in a company podcast posted on Friday with ... [Read More]

Experian: Credit unions now pace all auto financing

Thursday, Mar. 2, 2023, 04:41 PM
SubPrime Auto Finance News Staff
Experian made the official declaration on Thursday. In the fourth quarter of 2022, credit unions held the largest percentage of the vehicle finance market for the first time. According to Experian’s State of the Automotive Finance Market Report: Q4 2022, ... [Read More]

FTC sues to stop ‘interconnected web’ of service providers carrying robocalls pitching phony debt relief services

Minnesota AG sues dealer, Ignite warns of legal risk
Wednesday, Mar. 1, 2023, 03:42 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission recently sued to stop an “interconnected web” of operations responsible for delivering tens of millions of unwanted Voice Over Internet Protocol (VoIP) and ringless voicemail (RVM) phony debt service robocalls to consumers nationwide. The Department of ... [Read More]

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]
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