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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Westlake gives largest donation in southern California to 2022 Ronald McDonald Walk for Kids

Charity shutterstock_88662181
Sunday, Aug. 7, 2022, 08:47 PM
SubPrime Auto Finance News Staff
On Friday, Westlake Financial highlighted one of its latest philanthropy endeavors. The finance company said it partnered with Ronald McDonald’s 2022 Walk for Kids and donated $72,000, one of the largest donations in southern California thus far. Westlake indicated the ... [Read More]

Carvana rolls out co-signer option

carvana 1 (1)
Friday, Aug. 5, 2022, 03:18 PM
SubPrime Auto Finance News Staff
What’s often been done in special finance departments at physical dealerships now is being leveraged by Carvana — at least in South Carolina. The online used-vehicle retailer said this week that to make its vehicle financing qualification process easier for ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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TransUnion: Delinquencies continue on normalization path

another couple paying bills
Thursday, Aug. 4, 2022, 02:45 PM
SubPrime Auto Finance News Staff
While TransUnion spotted noticeable rises of consumer debt levels in many credit segments, experts also are seeing normalization of delinquencies. That’s the main theme of TransUnion’s Q2 2022 Quarterly Credit Industry Insights Report (CIIR) released on Thursday. “Consumers are facing ... [Read More]

PODCAST: New leadership tandem at ARA

ARA image from Joel Kennedy for web
Wednesday, Aug. 3, 2022, 04:59 PM
SubPrime Auto Finance News Staff
The American Recovery Association’s new leadership tandem made time for this episode of the Auto Remarketing Podcast. Installed earlier this summer, president Vaughn Clemmons and executive director Joel Kennedy offered their perspective on taking these leadership roles for an industry ... [Read More]

F&I Sentinel makes 4th major move of year by hiring CFO

new hire
Wednesday, Aug. 3, 2022, 04:48 PM
SubPrime Auto Finance News Staff
Earlier this week, F&I Sentinel made its fourth major move so far this year, announcing its chief financial officer. After landing funding from Calera Capital in February and hiring two former F&I Express executives and adding former Hudson Cook partner ... [Read More]

EFG welcomes Kotz-Carroll to expand training, compliance & recruiting capabilities

EFG hire for web
Wednesday, Aug. 3, 2022, 04:44 PM
SubPrime Auto Finance News Staff
EFG Companies recently reinforced its educational offerings because the company said its F&I training graduates produce an average of $206,000 in additional annual revenue. To help more industry professionals achieve to that degree, EFG Companies welcomed Kim Kotz-Carroll as vice ... [Read More]

Parry shares 3 recommendations no matter if recessionary conditions are happening

strategy picture
Tuesday, Aug. 2, 2022, 02:34 PM
SubPrime Auto Finance News Staff
Daniel Parry did not seek to have an economic or political argument about whether the U.S. is officially in a recession. Rather, the co-founder and chief executive officer of TruDecision maintained that risk is in play no matter how well ... [Read More]

CreditMiner & TransUnion partner to curb synthetic fraud

Experian blends NeuroID behavioral analytics into fraud prevention solutions
Monday, Aug. 1, 2022, 02:47 PM
SubPrime Auto Finance News Staff
CreditMiner and TransUnion now are working together to stop auto finance fraud from happening, beginning with what can happen at dealerships. Last week, the firms announced a new partnership to protect the automotive industry from high dollar losses from synthetic ... [Read More]

Cox Automotive & Edmunds dig deep into the numbers as interest rates climb again

Jerome Powell July 2022
Thursday, Jul. 28, 2022, 03:07 PM
Nick Zulovich, Senior Editor
Both Cox Automotive and Edmunds shared intriguing data and insights — such as how much more per month consumers have to pay for a $30,000 retail installment sales contract — following the Federal Reserve raising the target range for the ... [Read More]

CFPB penalizes Hyundai Capital America $19M over credit reporting

2023 Hyundai Sonata NLine for web
Tuesday, Jul. 26, 2022, 08:10 PM
Nick Zulovich, Senior Editor
The largest monetary penalties handed out by the Consumer Financial Protection Bureau (CFPB) since Rohit Chopra became director in October surfaced publicly on Tuesday afternoon. And those penalties surpassing $19 million relate to auto financing. The CFPB penalized Hyundai Capital America ... [Read More]

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